Zhitong Finance App News, Xinhua News Media (00309.HK) issued an announcement. The company learned that Mr. Xu Guoxing (petitioner) filed a winding-up petition against the company with the Hong Kong Special Administrative Region High Court on September 11, 2026, on the grounds that the company owes the petitioner HK$4.504 million in respect of directors' advances. The petition is scheduled to be heard in the High Court on December 2, 2026.

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