According to an announcement dated 20 November 2025, China Water Industry Group Limited (China Water, Stock code: 1129) reported further developments concerning a winding-up petition previously filed by International Finance Corporation. The petition is scheduled to be heard on 21 January 2026.

On 19 November 2025, China Water received a Notice of Intention to Appear on Petition from Gao Yuan, identified as a creditor with an outstanding indebtedness of HK$3,000,000 related to a bond issued on 6 April 2018. Gao Yuan has indicated support for the existing winding-up petition.

No winding-up order has been granted as of the announcement date. The company is seeking advice from its legal advisors to determine subsequent steps and is maintaining communication with both the original petitioner and the supporting creditor. Efforts are underway to resolve the situation, including a potential withdrawal of the petition. Shareholders and potential investors are advised to act with caution when dealing in the company’s shares.