Evergrande subsidiary Tianji Holding faces winding-up order

China Evergrande Group (HKEX:3333), currently in liquidation, announced that the High Court of Hong Kong issued a winding-up order against its subsidiary, Tianji Holding, on February 17, 2025. This follows a previous announcement on January 29, 2024, regarding the company's own winding-up proceedings and the appointment of joint liquidators. Trading in Evergrande's shares, suspended since January 29, 2024, will remain halted. The company advises shareholders and potential investors to exercise caution when dealing in its securities. Liquidators encourage individuals with relevant information about the Group's affairs to come forward via a dedicated website or email address. Edward Simon Middleton and Wing Sze Tiffany Wong serve as joint liquidators.