Workflow
中国天弓控股接获清盘呈请

Core Viewpoint - China Tian Gong Holdings (00428) has received a winding-up petition from Ms. Zhou Xin, claiming to be a holder of the company's issued promissory notes, alleging that the company failed to repay approximately HKD 11.1 million in principal and unpaid interest [1] Group 1: Legal Proceedings - The petition was submitted to the Hong Kong High Court and is scheduled for a hearing on December 31, 2025 [1] - The petition has not yet been verified by the petitioner's affidavit, which is pending certification and notarization in China before submission to the court [1] - The court has not issued any winding-up order against the company as of the announcement date [1] Group 2: Company Response - The company emphasizes that the petition currently has no significant adverse impact on its business operations [1] - The company is considering various options regarding the petition, including seeking a court order to dismiss or stay the petition on the grounds of abuse of process, with costs to be borne by the petitioner [1] - The company will inform its shareholders and the public of any significant developments regarding the petition and will issue further announcements as appropriate [1]