Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Ruixin International Holdings Ltd. ( (HK:0724) ) has shared an announcement.
Ruixin International Holdings has detailed the sequence of events surrounding the change of its auditor, following the resignation of SHINEWING in November 2024 amid concerns highlighted by a prior disclaimer of opinion related to going concern uncertainties for the 2023 financial year. The company cited earlier difficulties in appointing a replacement due to operational and funding constraints, but said business recovery in 2025 enabled it to move forward, culminating in the appointment of Confucius International as new auditor in January 2026 after Audit Committee review and clearance from SHINEWING, while trading in its shares remains suspended.
More about Ruixin International Holdings Ltd.
Ruixin International Holdings Ltd., incorporated in Bermuda and listed in Hong Kong, operates trading businesses in electronic and electric parts, components and related products. The group has recently established new operating arms to revive its operations and has secured new sales orders in the second half of 2025, aiming to restore its business activity and improve its funding position.
Technical Sentiment Signal: Sell
Current Market Cap: HK$8.82M
Learn more about 0724 stock on TipRanks’ Stock Analysis page.