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Refusing to cooperate with the regulatory investigation, the Hong Kong Stock Exchange made an unsuitable statement and condemned the six directors of Huisen Shares (02127)
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Zhitong Finance App learned that the Hong Kong Stock Exchange issued a disciplinary action statement and publicly condemned six directors of Huisen Co., Ltd. (02127), including executive director Zeng Minglan, chairman and executive director Wu Runlu, independent non-executive director Liu Jiong, independent non-executive director Feng Zhaowei, former chairman and executive director Zeng Ming, and former independent non-executive director Yan Liqiong.

The Stock Exchange also issued an order: if the above four current directors continue to serve as directors or senior managers of the company and its subsidiaries at the end of 14 days from the date of publication of this disciplinary action statement, the company's shares will be delisted in accordance with section 2A.10A (2) (b) of the Listing Rules.

According to the announcement, the Stock Exchange and the Hong Kong Securities Regulatory Commission are separately investigating matters relating to Huisen shares. The Exchange sent investigation letters and reminders to all relevant directors, but the relevant directors did not respond at all or did not respond in time, and refused to cooperate with the Exchange's investigation. In a separate investigation by the Hong Kong Securities Regulatory Commission, none of the four current directors responded; among them, Zeng Minglan also refused to comply with the meeting notice issued under the Securities and Futures Ordinance. Even though the Exchange issued another reminder, the current directors refused to cooperate with the Hong Kong Securities Regulatory Commission's relevant investigation.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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