Shang Hai Zheng Quan Bao·2025-06-27 20:49Core Viewpoint - The company has provided updates regarding the litigation progress related to its joint venture with Arjowiggins HKK2 Limited, specifically concerning a winding-up petition [1][2]. Group 1 - The company has disclosed multiple announcements regarding the litigation with HKK2, including updates on the winding-up petition from August 2020 to April 2024 [1]. - On May 15, 2025, HKK2 filed a summons to the court requesting the lifting of the stay on the winding-up petition and the resumption of the hearing [2]. - On June 20, 2025, the company received a court order from the Hong Kong High Court, which agreed to dismiss the summons and the winding-up petition [2]. Group 2 - The recent court order is not expected to adversely affect the company's financial status or operational activities [3].