Kaisa Group Holdings dismisses winding-up petition

Kaisa Group Holdings Ltd. (Stock Code: 1638) successfully dismissed a winding-up petition on September 22, 2025, following a joint application by way of consent summons to the High Court. This announcement means there is now no outstanding winding-up petition against the company.

The dismissal follows previous announcements regarding the company's offshore debt restructuring, including the Restructuring Effective Date as defined in the company's announcement dated September 15, 2025. This resolution is a key outcome of the company's ongoing efforts to manage its financial obligations and restructure its debt.

The board of directors, led by chairman and executive director Kwok Ying Shing, advised holders of the company's securities and potential investors to exercise caution when dealing in the securities. The executive directors include Kwok Ying Shing, Mai Fan, Li Haiming, Kwok Hiu Kwan, Luo Tingting, Song Wei, and Liu Lihao. Independent non-executive directors are Rao Yong, Zhang Yizhao, Liu Xuesheng, and Li Dapeng.