According to the Zhitong Finance App, China's Beidahuang (00039) announced that on December 13, 2023, the company received an order from the Cayman Islands Supreme Court dated December 8, 2023, ordering the withdrawal of the Cayman petition (which included) the withdrawal of the Cayman petition. The order was based on a subpoena dated December 8, 2023 issued by the petitioner seeking approval from the Cayman Islands Supreme Court to withdraw the Cayman petition.