WATER INDUSTRY (01129) announced that on March 6, 2025, the company received a notice from a creditor, Wang Jiandong, regarding an outstanding debt of HKD 2 million. This amount represents the unpaid principal of bonds issued by the company on June 15, 2018. Wang Jiandong is identified as the third supporting creditor, and together with the other supporting creditors, they are collectively referred to as "the Supporting Creditors." The notice indicates his intention to appear at the petition hearing scheduled for March 25, 2026, to support the winding-up petition against the company. As of the date of this announcement, the court has not issued a winding-up order to liquidate the company. As previously disclosed, the company is currently engaged in friendly negotiations with the petitioner regarding the settlement of the outstanding amounts owed. The company will also actively explore any possible settlement plans with the Supporting Creditors. WATER INDUSTRY will strive to maintain proactive and constructive communication with the petitioner and the Supporting Creditors. It intends to handle the matter appropriately, based on the principle of fairness to other creditors, through amicable discussions, which includes efforts to secure the withdrawal of the petition as soon as possible.