Xinyuan Services (01895) receives guidance on the resumption of trading from the Stock Exchange

Zhitong Finance App News, Xinyuan Service (01895) announced that the Stock Exchange notified the company on July 22, 2026 that the resumption guidelines it must meet before seeking the resumption of trading are as follows:

(i) Use sufficient grounds and appropriate evidence to prove the identity of a member of the board of directors of the company effectively;

(ii) Establish an independent commission and appoint an independent investigation body to conduct an appropriate independent investigation into compliance with and implementation of such commitments, publish the findings of the investigation, and take appropriate remedial measures;

(iii) Prove that there are no reasonable regulatory concerns relating to the integrity of the company's management and/or any person having a significant influence on the management and operation of the company, and that such concerns may pose a risk to investors and damage market confidence;

(iv) prove that the company is fit to continue listing;

(v) Prompt the Audit Committee to appoint an independent internal control consultant to conduct an independent internal control review, and prove that: (a) the known major deficiencies leading to the suspension of share trading have been corrected and all necessary remedies have been properly implemented; and (b) the company's internal controls are sufficient and effective to help the company comply with the Listing Rules and other legal and regulatory requirements, including but not limited to disclosing regulatory information, complying with its articles of association, and fulfilling such commitments;

(vi) re-complies with the requirements of section 3.10 (1), 3.10 (2), 3.21, 3.25 and 3.27A of the Listing Rules; and

(vii) Disclose all material information to the market so that the company's shareholders and investors can assess the company's situation.

The company's right to use the Stock Exchange electronic submission system has been suspended pending clarification of the company's board composition and the identity of the authorized person in the electronic submission system account.