Baiying Holdings Group Limited reported its latest quarterly progress on meeting Hong Kong GEM resumption requirements while confirming that share trading has been suspended since 9 June 2025 and will continue until all conditions are satisfied.
Business operations remain active across two core segments:
• Finance Service Business: Between March 2026 and the announcement date (5 June 2026), the company executed 14 new finance-lease contracts with a combined value of not less than RMB120 million. Five of these transactions qualified as discloseable deals under GEM rules, with details previously released on 20 March, 30 March, 29 April, 28 May, and 2 June 2026.
• Financial Information Services: Subsidiary Xiamen Baishun Information Technology offers a SaaS-based intelligent CRM system aimed at small and mid-sized financial intermediaries in China. This line began contributing revenue in March 2025 and had secured 43 paying customers as of 31 May 2026.
• Paper Trading Business: Operations continue as normal, with no material disruption despite the trading suspension.
Resumption status: Baiying Holdings has submitted a detailed proposal addressing the Stock Exchange’s resumption guidance and is preparing additional information in response to further comments. The company will release subsequent updates in accordance with GEM Listing Rules.
Trading suspension: Shares will remain halted until Baiying Holdings demonstrates full compliance with Rule 17.26, fulfils all resumption conditions, and receives approval from the Stock Exchange. Shareholders and potential investors are advised to exercise caution when dealing in the company’s securities.
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