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[from the latest disclosed information, the aftermath of bao fan's disappearance is still not over. according to the financial report, in the fourth quarter of 2023, huaxing capital needs to pay 77.669 million yuan of restricted funds due to bao fan's cooperation in the investigation. the accounting treatment of this amount has aroused the concern of the auditors, and finally issued a qualified opinion on huaxing capital's 2023 annual report.]

[as of early september, bao fan held a total of 277 million shares in china renaissance capital, accounting for 48.71% of the total issued shares. according to the securities and futures ordinance, xu yanqing is also deemed to have an interest in the above shares.]

on september 6, huaxing capital (01911.hk), which had been suspended for more than 17 months, announced that xu yanqing, the wife of controlling shareholder bao fan, was appointed as a non-executive director, and sun qianhong resigned as a non-executive director, both effective from that day.

at the same time as the personnel changes, china renaissance capital also recently announced that it has met all the requirements of the hong kong stock exchange's resumption of trading guidelines and applied to resume trading on september 9. however, judging from the latest disclosed financial report, china renaissance capital has suffered losses for several consecutive reporting periods, and its stock price may face certain pressure after the resumption of trading.

it is worth noting that from the latest disclosed information, the aftermath of bao fan's disappearance is still not over. according to the financial report, in the fourth quarter of 2023, huaxing capital needs to pay 77.669 million yuan of restricted funds due to bao fan's cooperation in the investigation. the accounting treatment of this amount has aroused the concern of the auditors, and finally issued a qualified opinion on huaxing capital's 2023 annual report.

bao fan's wife xu yanqing becomes director