Zhitong Financial APP, Huaxia Energy Holdings (08009) issued an announcement regarding the decision of the listing Division of the Stock Exchange that the company failed to maintain a sufficient level of operation and assets in accordance with Rule 17.26 of the GEM listing rules to ensure that its shares could continue to be listed, and that trading in the company's shares would be suspended in accordance with Rule 9.04 (3) of the GEM listing rules.
On December 21, 2021, the company submitted a written request in accordance with Rule 4.06 (1) of the GEM listing rules to refer the decision to the GEM listing Committee for review. Pending review, the shares will continue to be traded on the Stock Exchange GEM.