China Water Industry Group Limited (stock code: 01129) disclosed that on 13 March 2026 it was served with a “Notice of Intention to Appear on Petition” from a fourth supporting creditor, Mr. Chen Liguo. The creditor seeks to recover HK$2.00 million, representing the principal of a bond issued by the company on 29 March 2018, and intends to support the winding-up petition scheduled for court hearing on 25 March 2026.

Including Mr. Chen, the winding-up petition is now backed by four supporting creditors. As at the date of the announcement, no winding-up order has been granted. The company states it remains in “amicable negotiations” with the original petitioner and all supporting creditors to reach a settlement and aims to facilitate withdrawal of the petition.

China Water Industry’s board emphasised its commitment to maintain open communication with creditors while upholding fairness among all stakeholders. Further updates will be released when material developments occur. Shareholders and potential investors are advised to exercise caution when trading the company’s shares.