Core Viewpoint - China Water Affairs Group (01129) is facing a liquidation petition submitted by the International Finance Corporation, with a creditor indicating intent to support the petition during the hearing scheduled for January 21, 2026 [1] Group 1 - The company received a notice regarding an unpaid debt of HKD 3 million, which is the principal amount of bonds issued on April 6, 2018 [1] - As of the date of the announcement, the court has not issued a liquidation order against the company [1] - The company is seeking legal advice to determine the next steps regarding the petition and is committed to maintaining proactive communication with the petitioners and supporting creditors [1] Group 2 - The company aims to negotiate amicably with the petitioners and supporting creditors while ensuring fairness to other creditors [1] - Efforts will be made to encourage the withdrawal of the petition as soon as possible [1]
中国水业集团(01129):将尽力与呈请人及支持债权人友善协商以妥善处理问题