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Zhishu Technology Group (01159) was notified by the Stock Exchange that it was unable to maintain sufficient business and operations supported by equivalent assets and will suspend trading on November 3
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Zhitong Finance App News, Zhishu Technology Group (01159) issued an announcement. On October 22, 2026, the company received a letter from the Stock Exchange (this letter) informing the company that due to the company's failure to maintain sufficient business operations and has significant assets to support its operations to ensure that its shares continue to be listed (in accordance with section 13.24 of the Listing Rules), it has decided that trading of the company's shares will be suspended in accordance with section 6.01 (3) of the listing rules.

According to Chapter 2B of the Listing Rules, the company has the right to submit the decision to the Listing Committee for review. Any application for review must be submitted to the Secretary of the Listing Committee within seven business days (i.e. on or before November 2, 2026) from the date of the decision. Trading of the company's shares will be suspended on November 3, 2026 (that is, after the expiration of seven business days from the date of the decision, unless the company applies for review of the decision).

According to section 6.01A (1) of the Listing Rules, the Stock Exchange may cancel the listing status of a company's shares if share trading is suspended for 18 months. This action does not affect the exercise of the Exchange's rights under section 6.01 and section 6.10 of the listing rules to impose a specific relief period under section 6.10 of the listing rules (this period may end earlier than the prescribed remedy period) or to immediately cancel the listing status of the company's shares.

The company is currently reviewing the letter and is discussing the matter internally, and will consider whether to apply to submit the decision to the Listing Committee for review.

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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