CCOE (08286) announced that on October 31, 2025, at 9:30 AM, representatives from both the company and the petitioner attended a winding-up petition hearing at the High Court under Hong Kong's Companies (Winding Up and Miscellaneous Provisions) Ordinance (Chapter 32). As the company and the petitioner are currently negotiating a settlement, their legal representatives jointly applied to the High Court Registrar for an adjournment of the hearing. The Registrar ordered the winding-up petition hearing to be adjourned to December 3, 2025, at 10:30 AM.