Ocean Star Technology Group Limited (OCEAN STAR TECH) has released its latest quarterly update on efforts to resume trading on the Hong Kong Stock Exchange’s GEM board, where its shares have been suspended since 2 July 2025.
The company confirmed completion and publication of every previously delayed financial document: • FY2024/25 Annual Results (27 Feb 2026) and Annual Report (6 Mar 2026) • FY2025/26 Interim Results (3 Mar 2026) and Interim Report (10 Mar 2026) • FY2025/26 Annual Results (30 Jun 2026) and Annual Report (15 Jul 2026)
Auditor’s opinion: Unqualified opinions were issued on the consolidated financial statements for both FY2024/25 and FY2025/26, with no material misstatements or exceptions identified.
Key resumption guidance progress: 1. Outstanding financial results have been addressed; major impairment assessments and potential long-service payment liabilities have been finalised. 2. Normal operations maintained in the Group’s core shaping-lingerie and related personal-care product business, alongside a small money-lending segment, supporting compliance with GEM Rule 17.26 regarding sufficient operations. 3. An independent internal-control expert has completed a draft review; findings have been sent to the Stock Exchange, with a detailed announcement to follow. 4. The company pledges ongoing disclosure of material developments to enable investor assessment.
Trading status: Shares remain suspended and will do so until the Stock Exchange approves resumption. Shareholders and investors are advised to exercise caution when dealing in the company’s securities.
Board composition: The board comprises five executive directors—Jiao Dejun (Chairman), Sun Tian, Xu Xue, Hu Yanhui and Liu Jiawei—and four independent non-executive directors—Tong Zhu, Hong Sze Lung, Li Tiejing and Li Hongwei.
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