Zhitong Finance App News, Yida China (03639) announced that on March 9, 2024, the company received a winding-up petition against the company filed by Anye Financial Printing Co., Ltd. with the Hong Kong Special Administrative Region High Court on March 7, 2024, stating that the company had not repaid the total overdue amount of approximately HK$889,300 on the date of the petition.

The company will strongly object to the petition and believes that the petition does not represent the interests of other stakeholders and may damage the value of the company. The company will take action to resolve the dispute with the petitioner and cause the petition to be withdrawn as soon as possible. The petition is not expected to have a significant impact on the Group's overall domestic business in the short term. If no settlement is reached between the petitioner and the company, the company will seek legal advice on applying for an approval order and take all legal measures to protect its legal rights.

On the date of this announcement, the High Court did not issue a winding-up order to wind up the company.