English | 简体中文 | 繁體中文 | 한국어 | 日本語
Monday, 29 July 2019, 08:00 HKT/SGT
Share:
Trading of Dynasty's Shares Resume Today

HONG KONG, July 29, 2019 - (ACN Newswire) - Dynasty Fine Wines Group Limited (Stock Code: 828), a premier winemaker in China, is pleased to announce that, with it having fulfilled all the conditions for resumption of trading of its shares as provided by the Hong Kong Stock Exchange, trading of its shares will resume today at 9:00 a.m.

Among the trading resumption conditions, the Company has fulfilled the condition in relation to internal investigation in October 2016 by issuing an announcement pertaining to an internal investigation report in August 2016. In addition, as all outstanding financial results have been published in or before July 2019, the Company has fulfilled the condition of publishing its financial results.

In the past few years, the Company had made its best effort to enhance step-by-step its internal control system, based on the recommendations of its internal control adviser. The current management had further improved the internal control function of the Company and completed relevant rectification as advised. The Company had also implemented new procedures and measures for revenue recognition, and devised 13 internal control policies and guidelines for inventory management, file management, trade receivables management and control of selling expenses, and the internal control adviser had made further reviews to ensure the enhanced procedures and measures had been implemented and complied with.

Mr. Sun Jun, Chairman and Executive Director of Dynasty, said, "We are very pleased that trading of our shares will resume today. I would like to take this opportunity to thank the management, colleagues and the working parties involved for their effort to help us fulfil the conditions for resumption of trading of our shares. Looking ahead, Dynasty will continue to strengthen corporate governance and its internal control procedures and steadily develop its business, with the aim of building a stronger Dynasty and bring maximum value to shareholders."

Topic: Press release summary Sectors: Daily Finance, Daily News
https://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2025 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

 

Latest Press Releases
Qube Celebrates 20 Years of Business Events Impact with Industry Recognition and Vision for the Future  
Aug 11, 2025 12:03 HKT/SGT
TransNusa Focuses on Organic Growth to Strengthen Network Connectivity in China  
Aug 11, 2025 11:00 HKT/SGT
Cryofocus Medtech Achieves Record Interim Results with 162% Revenue Surge Driven by Respiratory Intervention Products  
Aug 11, 2025 10:41 HKT/SGT
Shoucheng-Backed Data Center REITs Surge on Market Debut  
Aug 11, 2025 09:00 HKT/SGT
Natural Beauty 2025 Interim Profit Surges by 136% to HK$11 Million  
Aug 11, 2025 08:15 HKT/SGT
Intellifusion Submits an Application to List on the Hong Kong Stock Exchange: A National Breakthrough in AI Inference Chips  
Aug 11, 2025 08:07 HKT/SGT
Everest Medicines Announces Full Approval of NEFECON(R) in Taiwan  
Aug 11, 2025 07:37 HKT/SGT
Saudi Electricity Company Reports 22% Net Profit Growth in Q2 2025  
Aug 11, 2025 06:00 HKT/SGT
Intervision'25 International Music Contest to Take Place: Michael Jackson's Descendant Expected to Participate  
Aug 10, 2025 21:00 HKT/SGT
WRC 2025: Shoucheng Showcases Full Robotics Value Chain  
Aug 8, 2025 16:46 HKT/SGT
More Press release >>
 Events:
More events >>
Copyright © 2025 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Cookies Policy | Privacy Policy | Disclaimer | Terms of Use | RSS
US: +1 214 890 4418 | China: +86 181 2376 3721 | Hong Kong: +852 8192 4922 | Singapore: +65 6549 7068 | Tokyo: +81 3 6859 8575