Shunfeng Energy (HKEX:1165) secures validation order amid petition

Shunfeng International Clean Energy Limited (HKEX:1165) announced that the High Court of Hong Kong has granted a validation order on June 18, 2025, related to the previously disclosed winding-up petition. The order ensures that transfers of the company's issued and fully paid shares since February 13, 2025, will not be voided under the Companies Ordinance, even if a winding-up order is ultimately made. This development allows shareholders to continue trading shares, but the company advises shareholders and potential investors to exercise caution. The announcement is made pursuant to the Listing Rules of the Stock Exchange of Hong Kong. Shunfeng Energy states it will provide further updates on any significant developments relating to the petition.