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Shengang Holdings (08631) receives guidance on resuming trading
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According to Zhitong Finance App, Shengang Holdings (08631) issued an announcement. On August 24, 2026, the company received a letter from the Stock Exchange. It contains the following guidelines for resuming stock trading: (a) publish all unpublished financial results as required by the GEM listing rules and handle any review revisions; (b) conduct appropriate independent forensic investigations on matters such as loss of control of certain subsidiaries, lack of compliance by the company with uncontrolled identification, and sale of such subsidiaries to assess the impact of the above matters on the company's business operations and financial situation, publish the investigation results and take appropriate remedial action; (c) prove that there is no integrity or ability to the Group's management and/or any person who has a significant influence on the management and operation of the company and/or Character constitutes reasonable regulatory concerns, and such concerns may pose risks to investors and damage market confidence; (d) appoint an independent internal control consultant to conduct an independent internal control review and prove that (i) the significant flaws in suspending the identification of the trading house have been corrected and all necessary remedies have been implemented; and (ii) the company's internal controls are sufficient and effective to enable the company to comply with the GEM listing rules and other legal and regulatory requirements, including but not limited to financial reporting and disclosure of compliance matters relating to announced transactions and related transactions, and disclosure of insider information; (e) Prove that the company has complied with section 17.26 of the GEM Rules; and (f) inform the market of all material information so that the company's shareholders and other investors can assess the company's situation.

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