Group 1 - Hongjiu Fruit's H-share listing status will be canceled by the Hong Kong Stock Exchange effective December 30, following the company's failure to resume trading by September 19 [1] - The company was once valued at a peak market capitalization of HKD 67 billion and was the largest fruit distributor in China in 2022, specializing in durians and imported dragon fruits [1] - The company faced suspension in March 2024 due to its inability to disclose financial reports on time, with KPMG raising concerns over a prepayment balance of approximately CNY 4.47 billion as of the end of 2023 [1] Group 2 - In April 2024, KPMG resigned as the company's auditor, and the company has not disclosed its 2023 annual report or subsequent periodic reports [2] - The chairman and several executives of Hongjiu Fruit are under criminal investigation for alleged loan fraud and issuing false VAT invoices, with some executives facing different levels of criminal coercive measures [2] - The company applied for reorganization and pre-reorganization in May 2024, following the resignation of all independent non-executive directors, leaving the company without an audit committee [3]
董事长已被逮捕！“水果第一股”确定退市