Zhengrong Real Estate (06158): Hearing of a subsidiary's winding-up petition adjourned

Zhitong Finance App News, Zhengrong Real Estate (06158) issued an announcement. The petition was originally scheduled to be heard in the Hong Kong High Court on August 26, 2026. During the hearing, the High Court of Hong Kong ordered that the hearing of the petition be adjourned until 10:30 a.m. on September 30, 2026. The company is currently negotiating with the Group's overseas creditors (including petitioners). A statement of provisions containing proposed provisions for an offshore reorganization plan to resolve their liquidity problems has been sent to several creditors (including petitioners) of the group.

Overseas restructuring plans and planning arrangements are still subject to agreement with creditors and certain preconditions (including but not limited to obtaining approval from relevant authorities, courts and shareholders of the Company) before they can be implemented.