On the evening of January 8, Huayangnian Holdings disclosed a proposed overseas debt restructuring update on the Hong Kong Stock Exchange: on January 6, 2026, the company submitted to the Cayman Islands Supreme Court: a petition relating to the approval of the Cayman Plan; and a subpoena relating to the Cayman Plan to be heard. A hearing on the Cayman Plan has been scheduled for January 23, 2026 at 9:30 a.m. in the presence of Chief Justice Margaret Ramsay-Hale of the Cayman Court. The hearing will seek an order from the Cayman Court to convene a planning meeting of plan creditors to consider and approve the Cayman Plan as appropriate.

On the evening of January 8, Huayangnian Holdings disclosed a proposed overseas debt restructuring update on the Hong Kong Stock Exchange: on January 6, 2026, the company submitted to the Cayman Islands Supreme Court: a petition relating to the approval of the Cayman Plan; and a subpoena relating to the Cayman Plan to be heard. A hearing on the Cayman Plan has been scheduled for January 23, 2026 at 9:30 a.m. in the presence of Chief Justice Margaret Ramsay-Hale of the Cayman Court. The hearing will seek an order from the Cayman Court to convene a planning meeting of plan creditors to consider and approve the Cayman Plan as appropriate.