Summary by Futu AI
HOPE EDUCATION (HEJIK INTERNATIONAL HOLDINGS LIMITED) ANNOUNCED ON MAY 21, 2024 THAT THE COMPANY HAS SUCCESSFULLY OBTAINED A RECOGNITION ORDER FROM THE HIGH COURT, WHICH ALLOWS THE TRANSFER OF THE COMPANY'S SHARES TO REMAIN VALID EVEN AFTER THE LIQUIDATION PETITION. This is a follow-up to the winding-up petition filed in the previous announcements of March 28 and April 14. THE COMPANY EMPHASIZES THAT IT HAS NOT OBTAINED FULL DELEGATION AUTHORIZATION FOR DISPOSAL OF ASSETS IN THE DAY-TO-DAY BUSINESS AND REMINDS INVESTORS AND ADVERSARIES TO BE AWARE OF THE RISKS INVOLVED. We hope that Education will continue to inform shareholders and investors of any significant developments in the liquidation petition. Shareholders and potential investors are advised to exercise caution when trading shares.