Zhenro PPT (06158): Hearing for a winding-up petition concerning a subsidiary has been postponed.

12:44 26/08/2026

Zhengrong Real Estate (06158) announced that the hearing originally scheduled for August 26, 2026, in the Hong Kong High Court has been postponed to 10:30 AM on September 30, 2026. During the hearing, the Hong Kong High Court ordered the postponement of the hearing on the petition. The company is currently negotiating with the group's offshore creditors (including the petitioners). A term sheet outlining the terms of an offshore restructuring plan proposed to resolve its liquidity issues has been submitted to several of the group's creditors (including the petitioners).

ZHENRO PPT (06158) announced that the hearing for the application originally scheduled for August 26, 2026, at the High Court in Hong Kong has been postponed to 10:30 AM on September 30, 2026. The company is currently negotiating with the group's offshore creditors (including the applicants). A term sheet outlining the proposed terms for an offshore restructuring plan aimed at addressing its liquidity issues has been submitted to several creditors of the group (including the applicants). The offshore restructuring plan and its arrangements are still subject to reaching an agreement with the creditors and fulfilling certain preconditions (including but not limited to obtaining the approvals of the relevant authorities, the court, and the company's shareholders).

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