China Water Affairs Group (01129): will do our best to negotiate friendly with the petitioner and support the creditors to properly handle the issue.

date
20/11/2025
Zhtng Cijng APP news, China Water Group (01129) announced that, regarding the liquidation petition submitted by the International Finance Corporation, on November 19, 2025, the company received a notice from creditor Gaoyuan (supporting creditor) regarding their intention to attend the hearing in the liquidation petition scheduled for January 21, 2026, in support of the liquidation petition against the company, stating that the company owes them an outstanding debt of 3 million Hong Kong dollars (the outstanding principal amount of the bonds issued by the company on April 6, 2018).