Group 1 - The core viewpoint of the news is that the Stock Exchange's Listing Committee has decided to suspend trading of the company's shares due to insufficient operational levels to meet the requirements of Listing Rule 13.24 [1] - The company has shifted its primary revenue source to hotel hospitality business after the termination of its electric bicycle and new energy operations, but this segment has shown low revenue levels between HKD 16 million and HKD 31 million over the past six fiscal years [1] - The average monthly occupancy rate of the resort has been below 60% for the past three years, indicating a persistent decline rather than a temporary setback [1] Group 2 - The company has the right to appeal the Listing Committee's decision to the Listing Review Committee within seven business days, which is by January 23, 2026 [2] - If the company does not appeal, trading of its shares will be suspended on January 26, 2026, seven business days after the decision [2] - The company is currently reviewing the Listing Committee's decision and considering whether to submit an appeal [2]
德泰新能源集团:上市委员会认为本公司未能维持上市规则第13.24条所规定的足够营运水平