CHINA ECOTOUR (01371) received a statutory demand letter, requesting immediate payment of net amount of HKD 75,150,500.

CHINA ECOTOUR (01371) announced that on January 15, 2025, the company received a legal demand letter and attachment from a creditor bank's Hong Kong branch's legal representative on January 14, 2025. The legal demand requires the company, as a corporate guarantor, to immediately pay a net amount of HKD 75,150,500 and to pay within 21 days of receiving the legal demand. Failure to do so may result in a winding-up petition being filed against the company, without further notice.