Zhong Ji Longevity Science Group Ltd. Settles Winding Up Petition, Business Operations Unaffected

Reuters
07-11
Zhong Ji Longevity Science Group Ltd. Settles Winding Up Petition, Business Operations Unaffected

Zhong Ji Longevity Science Group Limited has announced the withdrawal of a winding up petition originally filed against the company under High Court Action No. HCCW 406 of 2025. The petition, concerning a payment of costs amounting to HK$512,193 related to legal proceedings with Big Fame International (HK) Limited, has been settled. The company agreed to bear additional costs of HK$43,000 as part of the settlement. With all requisite funds secured by the company's solicitors, the petitioner consented to withdraw the petition. Consequently, this development is expected to have no impact on the business operations and financial position of Zhong Ji Longevity Science Group and its subsidiaries. The company is also pursuing a separate cost award of HK$230,000 against a related party of the petitioner from the same legal proceedings. Shareholders and potential investors are advised to exercise caution when dealing with the company's shares.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zhong Ji Longevity Science Group Ltd. published the original content used to generate this news brief on July 11, 2025, and is solely responsible for the information contained therein.

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