Huscoke Holdings Ltd. said it has entered into supplemental settlement-related agreements with China Cinda (Hong Kong) Asset Management Company Limited to extend the Cinda Facility by two years from the supplemental agreement’s commencement date, with the interest rate adjusted from 12% per year on a semi-annual compounding basis to a simple annual rate of 5% to 8%. The company said the Hong Kong High Court ordered the winding-up petition dismissed at a hearing on 12 January 2026. The company also reported that its contractual processing production business remains ongoing and has generated about HK$60 million in revenue and more than HK$1 million in profit during the current financial year. It said outstanding amounts owed by Shanxi Jinyan Energy Technology Company Limited total about HK$190 million, comprising US$8.35 million in trade refund and compensation and about HK$130 million in capital occupation fees and interest, and that it filed a new enforcement application on 9 January 2026. Huscoke added that Wilson and Partners CPA Limited was appointed as its auditor on 30 January 2026.
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. Huscoke 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-20260226-12030960), on February 26, 2026, and is solely responsible for the information contained therein.
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