Guixin Group delays FY2025 results as ex-chairman faces PRC probe; trading halt continues-To The Moon - Tiger Brokers Online Investing Community - To The Moon

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Guixin Group delays FY2025 results as ex-chairman faces PRC probe; trading halt continues

Bulletin Express03-29

Hong Kong-listed Yunhong Guixin Group Holdings Limited (Guixin Group) announced a further delay in publishing its fiscal-year 2025 results, citing uncertainties linked to an investigation involving former chairman and executive director Li Yubao.

Li, removed from his posts on 27 March 2026, is reportedly under investigation by the PRC Public Security Bureau for an alleged offence. The Board has engaged PRC legal advisers and is liaising with the external auditor to evaluate any material impact on the Group’s financial position, operations and disclosures.

Trading in Guixin Group shares has been suspended since 9:00 a.m. on 27 March 2026 and will remain halted until the 2025 annual results are released.

The current Board comprises executive director Shi Dongying and independent non-executive directors Lu Wenbo, Lau Jing Yeung William and Chan Yik Pun.

The company pledged to issue further updates as material developments arise and advised shareholders and potential investors to exercise caution when dealing in its shares.

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