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Ruixin International Holdings Ltd. ( (HK:0724) ) has shared an update.
Ruixin International Holdings Limited has announced a quarterly update on its resumption progress and continued suspension of trading. The company is actively working on publishing outstanding financial results and addressing audit modifications to resume trading on the Hong Kong Stock Exchange. It has received partial shareholder loans and is seeking additional financing to facilitate the publication of its 2024 Interim Results. The company has also established a new operating arm to enhance its trading operations and is in the process of procuring new sales orders to improve its financial situation.
More about Ruixin International Holdings Ltd.
Ruixin International Holdings Limited is engaged in the manufacturing and trading of electronic and electrical parts and components. The company is focused on revitalizing its business operations amidst challenges such as global economic downturns, tariff issues, and intense industry competition.
Technical Sentiment Signal: Sell
Current Market Cap: HK$8.82M
For an in-depth examination of 0724 stock, go to TipRanks’ Overview page.