According to the Zhitong Finance App, China Huaxing (00485.HK) issued an announcement on matters relating to the transfer of charged shares and the sale of the Company's shares and the release of the receivers of the charged shares. The company was informed by Da Rong that Da Rong is discussing a settlement plan with Prince Hill. As of the date of this announcement, Da Rong and Huangzishan have not reached an agreement on a settlement, and Huangzishan currently has no intention of appointing any receivers for the chartered shares.

According to the Zhitong Finance App, China Huaxing (00485.HK) issued an announcement on matters relating to the transfer of charged shares and the sale of the Company's shares and the release of the receivers of the charged shares. The company was informed by Da Rong that Da Rong is discussing a settlement plan with Prince Hill. As of the date of this announcement, Da Rong and Huangzishan have not reached an agreement on a settlement, and Huangzishan currently has no intention of appointing any receivers for the chartered shares.