Jiyi Holdings Ltd. Winding-Up Petition Dismissed by Hong Kong High Court

Reuters

Jun 18, 2025

Jiyi Holdings Ltd. Winding-Up Petition Dismissed by Hong Kong High Court

Jiyi Holdings Limited has announced a significant development in its ongoing legal proceedings. The company, listed on the Hong Kong Stock Exchange, received an order from the High Court of the Hong Kong Special Administrative Region on June 17, 2025, for the dismissal of the winding-up petition that was filed against it on June 12, 2023. Despite this, trading in the company's shares remains suspended, as it has been since April 2, 2024, and will continue to be so until further notice. Shareholders and potential investors are advised to exercise caution and consult independent professional advisers regarding their positions. This update follows a series of announcements related to the petition, indicating ongoing challenges in the company's financial and legal situation.

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. Jiyi Holdings Ltd. published the original content used to generate this news brief on June 18, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Winding-Up Petition Dismissed by Hong Kong High Court","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Jiyi Holdings Ltd. Winding-Up Petition Dismissed by Hong Kong High Court\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Jiyi Holdings Limited has announced a significant development in its ongoing legal proceedings. The company, listed on the Hong Kong Stock Exchange, received an order from the High Court of the Hong Kong Special Administrative Region on June 17, 2025, for the dismissal of the winding-up petition that was filed against it on June 12, 2023. Despite this, trading in the company's shares remains suspended, as it has been since April 2, 2024, and will continue to be so until further notice. 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