Shimao Group says it will oppose winding-up petition tied to RMB 2.5 billion Mainland court judgments

• Shimao faces a Hong Kong High Court winding-up petition tied to Mainland court judgments totaling about RMB 2.5 billion.
• Judgment debts stem from “top-up liability” rulings linked to financing trust arrangements involving subsidiaries and an indirectly non-wholly owned unit.
• Petitioner holds collateral in Mainland China, has seized additional assets; net proceeds are expected to reduce any outstanding judgment debts.
• Plans to oppose the petition, continues settlement talks; expects no material operational or financial impact at this stage.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shimao Group Holdings Limited published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260908-12324578), on September 08, 2026, and is solely responsible for the information contained therein.