KING INTL INV(00928) received a liquidation request.

KING INTL INV(00928) announced that the company has received a winding-up petition filed by Huang Xiaojun on February 27, 2026, at the High Court of the Hong Kong Special Administrative Region against the company. According to the Companies (Winding Up and Miscellaneous Provisions) Ordinance of Hong Kong Chapter 32, the petitioner applied for the winding-up of the company. The petition is in relation to the non-payment of principal amount of HK$259,862.36 under an employment contract entered into by the petitioner and the company's wholly-owned subsidiary, Lotus Medical (Hong Kong) Limited on September 5, 2023. The hearing for the petition is scheduled for May 13, 2026. The company is seeking legal advice on this matter and intends to actively defend against the petition. In light of the petition, the company may consider applying for a confirmation order from the High Court of Hong Kong at a later stage.