McQuil: The court ruled that the creditor's application for the bankruptcy liquidation of the company will not be accepted.

Meiquel Announcement: The company has received a civil ruling from the Intermediate People's Court of Changji Hui Autonomous Prefecture, Xinjiang Uygur Autonomous Region, ruling that the application for bankruptcy liquidation of the applicant Minghui Machinery Co., Ltd. by the applicant Meiquel Group Co., Ltd. is not accepted.