According to the Zhitong Finance APP, JINGRUI HLDGS (01862) announced that, in light of the disclosed potential winding-up order's impact on share transfers, the company is seeking legal advice regarding the petition and has instructed its legal advisors to begin preparing to apply to the High Court for an order concerning the recognition of the transfer of shares in the company. Shareholders and potential investors are advised to note that there is no guarantee that the High Court will issue any recognition order. If a recognition order is not issued but the winding-up order is not revoked or permanently stayed, all share transfers conducted after the commencement of liquidation (i.e., October 10, 2024) will be invalid.