A-Share Firm Pursuing Hong Kong IPO Issues Apology Over Mass Rescission of Graduate Job Offers

Deep News

Aug 27

Changzhou Xingyu Automotive Lighting Systems Co., Ltd., an A-share listed company currently seeking a Hong Kong listing, issued an apology on Thursday, August 27, via its official WeChat account.

The company expressed regret over the recent decision to revoke employment offers extended to a large number of recent graduates, which had sparked widespread criticism online.

In its statement, the firm acknowledged the disruption caused to the affected students and pledged to review its recruitment processes to prevent similar incidents in the future.

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