VPower Group Faces Winding-Up Petitions Over US$32 Million Debt

Reuters12-01

VPower Group Faces Winding-Up Petitions Over US$32 Million Debt

VPower Group International Holdings Ltd. has announced that winding-up petitions were filed against both the company and its indirect wholly-owned subsidiary, VPower Group Holdings Limited, by CRRC Hongkong Capital Management Co., Limited. The petitions relate to the alleged non-payment of approximately US$31.94 million under certain finance lease agreements and a company guarantee. Trading in the company's shares was temporarily halted but is set to resume. Shareholders and investors are advised to exercise caution when dealing in the company's securities.

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. VPower Group International Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251201-11937575), on December 01, 2025, and is solely responsible for the information contained therein.

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