LVGEM (China) (95) Reports Further Adjournment of Winding-Up Petition

Bulletin Express
Feb 12

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited have indicated that they do not accept responsibility for the announcement’s contents, make no representation regarding its accuracy, and disclaim liability for any loss arising from reliance on it.

LVGEM (China) Real Estate Investment Company Limited (the “Company”) announced that, pursuant to a joint application by the Company, the Petitioner, and all other creditors, the High Court issued an order on 12 February 2026 further adjourning the hearing of the winding-up petition to 1 June 2026. This follows earlier announcements dated 5 February 2025, 9 April 2025, 14 May 2025, 9 July 2025, 4 August 2025, and 3 November 2025.

The Company considers that the consensual adjournment acknowledges ongoing restructuring progress. Plans are in place to use this extended period for further discussions with creditor groups, aiming toward a sustainable restructuring solution that benefits all involved parties. The Company will release additional updates as significant developments occur.

Shareholders and investors are encouraged to exercise caution in dealing with the Company’s securities. The board currently comprises Executive Directors Ms. Huang Jingshu (Chairman and Chief Executive Officer), Mr. Ye Xingan, Mr. Huang Hao Yuan, and Ms. Li Yufei, together with Independent Non-Executive Directors Mr. Chan Koon Fat, Ms. Jiao Jie, and Ms. Wong Ting Dan.

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