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XINYUAN PM (01895.HK): Regarding the involuntary petition made by the controlling Shareholder.
Gelonghui, April 17th丨XINYUAN PM (01895.HK) announced that the company has learned that several creditors of Xinyuan Real Estate Holding Limited ("Xinyuan Real Estate Holding," the company's ultimate holding company) filed an involuntary petition ("the petition") against Xinyuan Real Estate Holding in the Bankruptcy Court for the Southern District of New York on April 14, 2025 (Eastern Time, USA). As of the date of this announcement, according to the Board of Directors, no bankruptcy order has been filed against Xinyuan Real Estate Holding. As of this announcement date, Xinyuan Real Estate Holding is the controlling shareholder holding approximately 0.255 billion shares of the company, equivalent to the total issued capital of the company.
Express News | Xinyuan Property Management Service (Cayman) - Noticed an Involuntary Petition Filed Against Xinyuan Real Estate Co by Certain Creditors of Xyre
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The bank suggests that investors pay attention to the policy turning point in the Property Service Sector.
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