Jiyi Holdings Limited has announced a significant development in its ongoing legal proceedings. The company, listed on the Hong Kong Stock Exchange, received an order from the High Court of the Hong Kong Special Administrative Region on June 17, 2025, for the dismissal of the winding-up petition that was filed against it on June 12, 2023. Despite this, trading in the company's shares remains suspended, as it has been since April 2, 2024, and will continue to be so until further notice. Shareholders and potential investors are advised to exercise caution and consult independent professional advisers regarding their positions. This update follows a series of announcements related to the petition, indicating ongoing challenges in the company's financial and legal situation.