Beijing Xunzhong Communication Technology Co., Ltd. (XUNZHONG) has confirmed the appointment of Altus Capital Limited as its new compliance adviser under Rule 3A.27 of the Hong Kong Listing Rules. The engagement begins on 20 June 2026, coinciding with the effective date of the previous adviser’s resignation, and will continue until the company releases its financial results for the year ending 31 December 2026 or until the advisory agreement is otherwise terminated.
Altus Capital Limited holds licences for Type 4 (advising on securities), Type 6 (advising on corporate finance) and Type 9 (asset management) regulated activities under Hong Kong’s Securities and Futures Ordinance. The appointment aims to ensure that XUNZHONG maintains full compliance with Listing Rules during its first complete financial year post-listing.
The board, chaired by Executive Director and CEO Piao Shenggen, approved the change on 18 June 2026. XUNZHONG’s board currently consists of five executive directors and three independent non-executive directors.
Comments