Mirxes says shares stay suspended pending probe into US$57 million cash outflows

  • Mirxes issued a supplemental clarification on audit-related questions tied to its prepayments, citing KPMG requests for missing background and supporting documents as of March 26, 2026.
  • Key gaps cited included due diligence on vendors, assessment of vendor capability and procurement compliance, plus support for pricing and unusually large upfront payment terms.
  • Independent Investigation Committee scope expanded to cover about USD 57 million and RMB 10 million of cash outflows identified after Dec. 31, 2025, with management attributing most to interest-bearing deposits and the balance to equipment and other strategic spending.
  • Shares remain suspended from 9:00 a.m. on April 1, 2026 until further notice.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mirxes Holding Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260511-12154197), on May 10, 2026, and is solely responsible for the information contained therein.

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