科轩动力控股(00476)发布公告，于2026年1月26日，公司已委聘其法律顾问向香港特别行政区高等法院 原讼法庭申请一项禁制令，禁止债权人针对公司提出清盘呈请。禁制令申请的首次聆讯原定于2026年1 月28日举行。惟应债权人要求及经其代表律师承诺直至公司提出的禁制令申请获最终裁定或直至法院进 一步下令前不会根据该法定求偿书或当中所述的债务提出清盘呈请，禁制令申请的首次聆讯(连同其他 事宜)已取消并押后至待指定的日期举行正式聆讯。 ...

智通财经APP讯，宝发控股(08532)发布公告，于2026年1月20日，星威(香港)有限公司(呈请人)根据香港 法例第32章公司(清盘及杂项条文)条例的规定，向香港高等法院提交针对公司全资附属公司宝发建筑工 程有限公司(宝发建筑)的清盘呈请。该呈请寻求对宝发建筑作出清盘命令，并已排期于2026年4月8日进 行聆讯。 该呈请乃针对一项由土地审裁处于2025年6月23日颁布的判决所产生的未偿还判决债务约41.6万港元(包 括讼费)而提出。此争议缘于一份旧有的租赁协议。公司与呈请人曾于2025年12月达成和解协议，债务 余额约为26.1万港元。鉴于公司未能按协议如期支付，呈请人寻求对宝发建筑作出清盘命令。截至本公 告日期，高等法院并未就宝发建筑颁布任何清盘令。 公司认为所涉及的金额对集团整体的营运及财务状况并不重大。公司将尽快联络呈请人，以期偿付未偿 还债务及友好解决此事。公司亦正寻求法律意见，以决定就该呈请采取适当的应对行动，目标在于保障 公司及其股东整体的利益。董事会相信此事将能及时获得妥善解决。 ...

Core Viewpoint - Sunac China Holdings Limited (01918) experienced a decline of over 6%, with a current drop of 6.77%, trading at HKD 1.24, with a transaction volume of HKD 315 million [1] Group 1: Sales Performance - In December, the company achieved a contract sales amount of RMB 29.5 billion, representing a year-on-year increase of 68.6% [1] - The contract sales area was approximately 272,000 square meters, an increase of 97.1% year-on-year [1] - The average selling price per square meter was RMB 10,850, a decrease of 14.4% [1] Group 2: Annual Sales Overview - For the fiscal year 2025, the cumulative contract sales amount reached RMB 368.4 billion, a year-on-year decrease of 21.8% [1] - The sales area involved was approximately 1.453 million square meters, a reduction of 35.7% [1] - The average selling price per square meter was RMB 25,350, an increase of 21.6% [1] Group 3: Legal and Financial Developments - On January 5, the Hong Kong court rejected a winding-up petition against Sunac China [1] - The company announced that all preconditions for a comprehensive offshore debt restructuring had been met, with the restructuring effective from December 23, 2025 [1] - Approximately USD 9.6 billion of existing debt has been fully released and waived [1]

Core Viewpoint - The Hong Kong court has dismissed the winding-up petition against Sunac China, indicating a positive development for the company in its debt restructuring efforts [1][2]. Group 1: Legal Proceedings - On January 5, 2026, the Hong Kong High Court ruled to dismiss the winding-up petition filed by China Cinda (Hong Kong) Asset Management Co., Ltd. against Sunac China [2]. - The court had previously delayed hearings on this petition multiple times since it was filed in January 2025 [2]. Group 2: Debt Restructuring - Sunac China has successfully completed a debt restructuring, which was a key factor in the dismissal of the winding-up petition [4]. - As of December 23, 2025, approximately $9.6 billion of Sunac China's existing debt has been fully released and waived as part of the restructuring plan [4]. - The company issued mandatory convertible bonds to creditors as part of the debt restructuring process [4]. Group 3: Financial Management - The restructuring included the reorganization of an outstanding loan of HKD 858 million, with HKD 300.3 million extended for ten years and the remainder settled through the issuance of new shares [5]. - Sunac China has also completed the cancellation of bonds worth CNY 10.6 billion and extended the maturity of CNY 4.8 billion of remaining bonds until June 2034 [5]. - The company has reached agreements to extend loans totaling approximately CNY 5.618 billion [5]. Group 4: Market Context - The dismissal of the winding-up petition is part of a broader trend where several listed real estate companies have faced similar petitions, often used as a negotiation tactic by investors [6]. - Other companies, such as Times China and Poly Developments, have also had their winding-up petitions dismissed through mutual agreement [6].

Core Viewpoint - The company Hanogach Pool (08428) has fully repaid the outstanding amounts related to the winding-up petition as of December 12, 2025, and has successfully withdrawn the petition with the High Court's order on December 23, 2025 [1] Group 1 - The company settled all outstanding debts related to the winding-up petition on December 12, 2025 [1] - A consent order was signed by the parties involved to withdraw the winding-up petition on December 17, 2025 [1] - The High Court issued an order on December 23, 2025, to withdraw the winding-up petition and cancel the hearing originally scheduled for December 24, 2025 [1] - The company's shares remain suspended [1]

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: Financial Obligations - The company has an outstanding debt of HKD 3 million related to bonds issued on April 6, 2018 [1] - A creditor named Gao Yuan has expressed the intention to attend the hearing to support the liquidation petition [1] Group 2: Legal Proceedings - As of the announcement date, 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 potential actions [1] Group 3: Communication and Negotiation - The company aims to maintain proactive and positive communication with the petitioners and supporting creditors [1] - Efforts will be made to negotiate amicably with the petitioners and supporting creditors while ensuring fairness to other creditors [1] - The company will strive to encourage the withdrawal of the petition as soon as possible [1]

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]

Core Viewpoint - China Tiangong 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 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 hearing for the petition is scheduled for December 31, 2025, at the Hong Kong High 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]

Core Viewpoint - China Resources Transportation (00269) is facing a winding-up petition submitted by Zuo Ya Financing Limited due to an unpaid amount of approximately HKD 608,900 related to financial advisory services provided between 2016 and 2017 [1] Group 1 - The winding-up petition was filed on September 15, 2025, in the High Court of the Hong Kong Special Administrative Region [1] - The petition does not imply that the petitioner has successfully initiated the winding-up of the company [1] - As of the date of the announcement, the High Court has not issued a winding-up order against the company [1] Group 2 - The High Court has scheduled the first hearing regarding the petition for November 19, 2025 [1]

Core Viewpoint - China Art Financial (01572) has received a statutory demand for repayment from creditor Lin Xiaomei, requiring the company to settle outstanding loans and interest by August 29, 2025, or face potential liquidation [1] Summary by Relevant Sections - **Outstanding Loans and Interest** - The total outstanding loan amount due by September 30, 2024, along with agreed interest, is approximately HKD 7.8949 million - Interest accrued from October 1, 2024, to August 28, 2025, amounts to HKD 279,900 - Default interest from June 19, 2025, to August 28, 2025, totals HKD 278,800 [1] - **Consequences of Non-Payment** - If the company fails to make the payment within the stipulated 21 days after the statutory demand is served, the creditor may file for the company's liquidation [1]