PXI shares have been restricted from trading due to financial reporting issues and accumulated losses in the first half of 2023. Specifically, the company has faced challenges in maintaining profitable operations, leading to a temporary halt in share trading to protect the rights of shareholders and investors. In a report sent to the Stock Exchange, PXI confirmed it would implement measures to address this situation. The strategies include enhancing financial management, optimizing operational costs, and considering expanding investment partnerships with strategic partners. Additionally, the company plans to publicly disclose financial information regularly to ensure transparency and restore investor confidence. PXI’s management is committed to reinstating normal trading status as soon as possible.
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