Guoan International: the reorganization application of Guoan group was accepted by the court

Guoan International announced on the Hong Kong Stock Exchange on January 30 that on January 30, 2022, the company received a notification letter from the company’s controlling shareholder mingtu Development Co., Ltd. about its controlling shareholder Guoan group’s receipt of the civil ruling served by the court. According to the civil ruling, the court ruled to accept the application of Bank Of Communications Co.Ltd(601328) Heze branch for restructuring Guoan group. The company confirms that the above matters have not had a material adverse impact on the company’s operation at present.

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