China Ecotourism Group Ltd. has announced further developments in its ongoing restructuring process. The Hong Kong High Court has granted the company permission to convene a meeting with its creditors to consider a proposed scheme of arrangement. This creditors' meeting is tentatively scheduled for 24 September 2025, with a subsequent sanction hearing by the court set for 15 October 2025. The company continues to address a winding-up petition, with the hearing previously being adjourned. Shareholders and potential investors are advised to exercise caution as the company navigates these proceedings. The Board, led by CEO Zhu Xinxin, remains committed to updating stakeholders on significant developments in this matter.
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