S. DRAGON (08493) has been ordered to be wound up.
Zhilong Holdings (08493) announced that on August 7, 2026, the company was informed by its legal advisor that its indirectly wholly-owned subsidiary, Yunli Company Limited (Yunli), was ordered to be liquidated according to a liquidation order issued by the High Court of Hong Kong on August 5, 2026 (the Order). Ma De Min and Huang Guoqiang of KAIJIN Corporate Advisory Limited have been appointed as the joint and several provisional liquidators of Yunli by the Director of the Bankruptcy Management Office.
S. DRAGON (08493) announced that on August 7, 2026, the company was informed by its legal advisor that its indirectly wholly-owned subsidiary, (Yunli Limited), was ordered to be liquidated under a liquidation order (the Order) made by the High Court of Hong Kong on August 5, 2026. Ma De-min and Huang Guo-qiang from Kai Jin Corporate Consultants Limited have been appointed as the joint and several provisional liquidators of Yunli.
The Order stems from a liquidation petition (the Petition) filed by Li Tian-song with the High Court on May 14, 2026, under the provisions of the Companies (Winding Up and Miscellaneous Provisions) Ordinance (Cap. 32 of the Laws of Hong Kong). Prior to August 5, 2026, the Company was unaware of the Petition until the Group first learned of it during routine legal searches conducted while preparing its interim results for the six months ending June 30, 2026. After becoming aware of this matter, the Company promptly sought advice from its advisors.
Company shares remain suspended.
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