On November 26, Tianrui Cement announced that it had been informed by its controlling shareholder, Yu Kuo, that the High Court of Hong Kong had made an order rejecting the liquidation petition against Yu Kuo.

Earlier, on September 9, Tianrui Cement announced that it had been informed by controlling shareholder Yu Kuo that Zhongwei Securities had been allowed to replace the petitioner in the liquidation proceedings against Yu Kuo. At that time, China Tianrui Cement said that Yu Kuo still maintained communication with Zhongwei Securities and would continue to explore friendly solutions with it.
浙公网安备33010802003254号