Evergrande subsidiary Tianji Holding enters liquidation

China Evergrande Group (HKEX:3333), currently in liquidation, announced that the High Court of Hong Kong has appointed Edward Simon Middleton and Wing Sze Tiffany Wong of Alvarez & Marsal Asia Limited as joint and several liquidators of its subsidiary, Tianji Holding. The appointment follows a winding-up order against Tianji Holding. Trading in Evergrande shares remains suspended since January 29, 2024, at 10:18 a.m. The company advises shareholders and potential investors to exercise caution when dealing in its securities. Evergrande encourages individuals with information relevant to the Group's affairs and asset realization to contact the liquidators via their website or email.