STRONG PETRO (00852) announced that the company recently learned that on December 8, 2025, the Eastern Caribbean Supreme Court of the British Virgin Islands issued a winding-up order (the Order) against FWI under the BVI Insolvency Act 2003 (as amended in 2020) and appointed joint liquidators. The company reminds its shareholders that the Order was issued against FWI and not the company itself.

As of the date of this announcement, to the company's knowledge, FWI is the controlling shareholder of STRONG PETRO, holding approximately 1.042 billion ordinary shares, representing about 49.06% of the company's total issued share capital. FWI is equally owned by Jin Yao and Sino Century Holdings Limited, with the latter being wholly owned by Mr. Wang Jiansheng, the current non-executive director of STRONG PETRO.

Additionally, trading in the company's shares remains suspended.