WATER INDUSTRY (01129) to Engage in Friendly Negotiations with Petitioner and Supporting Creditor for Proper Resolution

Stock News

Nov 20, 2025

WATER INDUSTRY (01129) announced that regarding the winding-up petition filed by International Finance Corporation, on November 19, 2025, the company received a notice from a creditor, Plateau (supporting creditor), holding unpaid debt of HKD 3 million (representing the outstanding principal amount of bonds issued by the company on April 6, 2018). The notice stated the creditor's intention to attend the petition hearing scheduled for January 21, 2026, in support of the winding-up petition against the company. As of the announcement date, no winding-up order has been issued by the court. The company is seeking legal advice to determine subsequent steps and potential actions concerning the petition. Meanwhile, WATER INDUSTRY will proactively maintain good communication with the petitioner and supporting creditor, engaging in friendly negotiations under fair principles for other creditors to properly resolve the matter (including efforts to expedite the withdrawal of the petition).

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The notice stated the creditor's intention to attend the petition hearing scheduled for January 21, 2026, in support of the winding-up petition against the company. As of the announcement date, no winding-up order has been issued by the court. The company is seeking legal advice to determine subsequent steps and potential actions concerning the petition. Meanwhile, WATER INDUSTRY will proactively maintain good communication with the petitioner and supporting creditor, engaging in friendly negotiations under fair principles for other creditors to properly resolve the matter (including efforts to expedite the withdrawal of the petition).</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1194","symbol_name":"水公用事业","start_time":0,"source_url":"","article_id":"1173057685","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1173057685","pubTimestamp":1763644101,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"WATER INDUSTRY (01129) announced that regarding the winding-up petition filed by International Finance Corporation, on November 19, 2025, the company received a notice from a creditor, Plateau...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1194":"水公用事业","BK1552":"水务股","01129":"中国水业集团"},"translate_title":"水务实业(01129)拟与呈请人及支持债权人进行友好协商妥善解决","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01129":1},"content_text":"WATER INDUSTRY (01129) announced that regarding the winding-up petition filed by International Finance Corporation, on November 19, 2025, the company received a notice from a creditor, Plateau (supporting creditor), holding unpaid debt of HKD 3 million (representing the outstanding principal amount of bonds issued by the company on April 6, 2018). 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