Crown International Moves to Withdraw Subsidiary Liquidation Application

Reuters01-14

Crown International Moves to Withdraw Subsidiary Liquidation Application

Crown International Corporation Limited announced that a voluntary liquidation application was filed by its indirect wholly-owned subsidiary, Weihai Guosheng Runhe Property Development Co. Ltd., to a court in Shandong Province. The company only became aware of the application and the court’s acceptance recently and stated that it had neither approved nor been informed of the filing in advance. According to legal advice received, the liquidation application can be withdrawn at any time, and the company intends to procure such withdrawal. No assets have been disposed of and no payments made to creditors, and the board believes there has been no material adverse impact on the group’s financial position. 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. Crown International Corp. 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-20260114-11990074), on January 14, 2026, and is solely responsible for the information contained therein.

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