• FSM Holdings’ trading suspension is being extended as it remains unable to publish overdue financial results without a new auditor.
• PricewaterhouseCoopers resigned in November 2025; multiple audit firms have declined the mandate due to OFAC sanctions on the controlling shareholder.
• Hong Kong Exchange granted a deadline of Sept. 30, 2026 to show a realistic prospect of appointing an auditor to complete the audit.
• Failure to appoint by that date could trigger a shortened remedial period or immediate delisting; the 18-month suspension deadline runs to Sept. 30, 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FSM Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260720-12249028), on July 19, 2026, and is solely responsible for the information contained therein.