Shunfeng International Clean Energy enters liquidation, shares suspended

Shunfeng International Clean Energy Limited announced the suspension of trading in its shares on the Stock Exchange of Hong Kong with effect from 11:38 a.m. on Wednesday, November 19, 2025. Trading will remain suspended until further notice. This follows a court order issued on the same day for the company's winding up by the High Court of the Hong Kong Special Administration Region (HCCW No. 84 of 2025). The official receiver has been appointed as the provisional liquidator.

Under Section 182 of the Companies (Winding Up and Miscellaneous Provisions) Ordinance, any disposition of company property, share transfers, or alterations to member status made after the winding-up petition was presented on February 13, 2025, are void unless otherwise ordered by the Court. The company will issue further announcements regarding liquidation updates.

Shareholders and investors are advised to exercise caution when dealing with the company's securities. The provisional liquidator now manages the company's affairs, business, and property without personal liability. Directors immediately before the winding-up order included executive directors Mr. Han Jibiao and Mr. Qiu Bo, and independent non-executive directors Mr. Zhao Yuwen, Mr. Kwong Wai Sun Wilson, and Ms. Tse Wan Joyce.