Winding-up proceedings begin against China Tianrui's controlling shareholder

China Tianrui Group Cement Company Limited announced that its controlling shareholder, Yu Kuo Company Limited, is subject to winding-up proceedings. China Vered Securities Limited was granted leave to substitute as the petitioner in these proceedings against Yu Kuo. As of September 9, 2025, no winding-up order has been made by the High Court.

China Tianrui clarified that Yu Kuo is actively communicating with the petitioner to find an amicable resolution. The company's board of directors plans to closely monitor developments and will issue further announcements as necessary.

Shareholders and investors are advised to exercise caution when trading the company's securities due to these ongoing developments.