According to the Zhito Finance APP, SILKWAVE INC (00471) announced that the court held a hearing on December 13, 2024 (Cayman Islands time) regarding the company's application for capital reduction, and on December 13, 2024 (Cayman Islands time), the court issued an order confirming the capital reduction. This order, along with the meeting minutes approved by the court, was submitted to the Registrar of Companies in the Cayman Islands on December 18, 2024 (Cayman Islands time). The registration is expected to take effect on December 23, 2024 (Monday) (Hong Kong time).