According to the Zhitong Finance App, Xinhua News Agency (00309) published an announcement. On November 6, 2023, the company received a statutory debt claim (statutory claim) issued by the former director under section 178 (1) (a) or section 327 (4) (a) of the Companies (Liquidation and Miscellaneous Provisions) Regulations, Chapter 32 of the Hong Kong Laws, requiring the company to pay a total of HK$4.27 million (this amount). The former director stated that the money was a loan he had made to the company to pay for various daily operating expenses.

The statutory debt repayment statement requires the company to repay the amount within 3 weeks after the date of service of the statutory claim. Otherwise, the former director may file a winding-up petition with the company. The company is currently actively seeking legal advice on the amounts included in this statutory debt repayment statement, and will take all effective measures to protect the interests of shareholders and the company. According to the legal opinions obtained by the company at this stage, the company should object to the statutory debt repayment requirements. This payment is unrelated to the company; it may involve a contentious debt of one of the company's subsidiaries.