Pak Tak International Limited has provided an update on its ongoing efforts to address a disclaimer of opinion related to going concern issues in its consolidated financial statements for the year ended December 31, 2024. The company is actively implementing its action plan, including restructuring defaulted bank borrowings. Notably, the Group has successfully restructured a bank loan with a principal amount of RMB22,567,000 through a debt assignment agreement, leading to the disposal of secured assets and settlement with the original lender and an assignee. Negotiations are ongoing to resolve remaining obligations, including interest and penalty charges, with the secured asset owner. The company remains committed to further strengthening its financial position through potential equity and/or debt financing. Further updates will be provided to shareholders in accordance with the Listing Rules as material developments occur.