China Water Industry Group faces new winding-up petition support

China Water Industry Group Limited announced that a creditor, Gao Yuan, has filed a Notice of Intention to Appear on Petition. This notice indicates support for the existing winding-up petition against the company at a hearing scheduled for January 21, 2026. The supporting creditor holds an outstanding indebtedness of HK$3,000,000, representing the principal amount of a bond issued by the company on April 6, 2018.

As of the announcement date, no winding-up order has been granted by the court. The company is actively seeking legal advice to determine its next steps and potential actions regarding the petition.

The company plans to maintain active communication with both the petitioner and the supporting creditor, aiming to negotiate amicably and resolve the related matters, including efforts to procure the withdrawal of the petition. Shareholders and potential investors are advised to exercise caution when dealing in the company's shares.