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An announcement from China Water Industry Group Limited ( (HK:1129) ) is now available.
China Water Industry Group Limited has updated investors on the winding-up petition it faces, confirming that a court hearing on the case held on 29 April 2026 resulted in an adjournment to 27 May 2026. The company also disclosed that one of the supporting creditors, Chen Liguo, ceased to be a creditor on 17 April 2026 and will no longer participate in future hearings related to the petition.
The company emphasized that no winding-up order has been granted by the court so far and that it remains in amicable negotiations with the petitioner over the outstanding sum. Management stated it will actively pursue settlement plans with remaining supporting creditors, seek withdrawal of the petition, and maintain fair treatment of all creditors, while warning shareholders and potential investors to exercise caution when dealing in its shares.
More about China Water Industry Group Limited
China Water Industry Group Limited is a Hong Kong-listed company incorporated in the Cayman Islands, operating in the water and environmental services sector. The group focuses on investment, construction and operation of water supply and wastewater treatment projects, serving municipal and industrial markets in mainland China and related regions.
Average Trading Volume: 288,418
Technical Sentiment Signal: Sell
Current Market Cap: HK$259.2M
Learn more about 1129 stock on TipRanks’ Stock Analysis page.