S-ENJOY SERVICE (01755.HK): Quarterly Update on Resumption Progress; Trading Remains Suspended

NewTimeSpace News: On 30 September 2026, S-Enjoy Service Group Co., Limited (stock code: 01755) issued a quarterly update on its resumption progress: the independent forensic investigation has been completed and the independent investigation committee considered no further appropriate action necessary and was dissolved on 15 June 2026; the Company has published all outstanding financial results and reports required under the Listing Rules, including the 2024 annual results and annual report, the 2025 interim and annual results and the corresponding reports, and the 2026 interim results (announced on 28 August 2026) and 2026 interim report (published on 2 September 2026).

On management integrity, the independent forensic accountant found that no existing director or senior management member was involved in the connected-party fund flows, and the Company reiterated that there are no regulatory concerns that would pose risks to investors or undermine market confidence. On internal controls, following a second follow-up review, the Company reaffirmed that all remedial measures have been fully and effectively implemented, with the audit committee and the board satisfied that the internal control policies and procedures are adequate and effective.

The Company is a property management service provider in China, with revenue of approximately RMB4,665.5 million for 2025 and approximately RMB2,140.8 million for the first half of 2026, and total assets of approximately RMB5,485.0 million as at 30 June 2026; it has deployed 12 AI applications covering more than 50% of its managed projects.

The Company submitted its resumption proposal on 27 June 2026 to seek the resumption of trading in its shares, which the Stock Exchange is reviewing; the Company will continue to engage with the exchange and announce material developments as appropriate. Trading in the shares has been suspended since 9:00 a.m. on 1 April 2025 and will remain suspended until further notice.

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