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The latest update is out from Wenye Group Holdings Limited ( (HK:1802) ).
Wenye Group Holdings Limited has been notified by the Hong Kong Stock Exchange of its failure to maintain sufficient operations and assets to justify its continued listing. The company’s building decorative and design business has significantly diminished, with revenue declining by 99% over the past five years and ongoing financial difficulties, including net liabilities and impaired trade receivables, raising concerns about its viability and sustainability.
More about Wenye Group Holdings Limited
Wenye Group Holdings Limited operates in the building decorative and design industry, focusing on providing decorative and design services primarily in the real estate sector.
Average Trading Volume: 1,773,614
Technical Sentiment Signal: Sell
Current Market Cap: HK$47.4M
For detailed information about 1802 stock, go to TipRanks’ Stock Analysis page.