LVGEM CHINA (00095) announced that, pursuant to a joint application by the Company, the petitioner, and all involved creditors via a consent summons dated February 11, 2026, the High Court issued an order on February 12, 2026, further adjourning the petition hearing to June 1, 2026. The Company believes this mutually agreed-upon adjournment reflects the willingness of major stakeholders to continue communication and negotiation regarding the Company's restructuring matters. It also acknowledges the progress the Company has achieved in its restructuring efforts thus far. LVGEM CHINA will utilize the additional time provided by this adjournment to deepen consultations with key creditors and continue advancing a restructuring plan that supports the Company's long-term, stable development while balancing the interests of all stakeholders.