Xijiao International Holdings (01765) issued an announcementtopcryptoearninggames, the company has applied for and was successfully granted an recognition order by the High Court on 21 May 2024, ordering that even if a petition has been filed, if the company is ordered to be wound up, the transfer of any or all of the company's issued and fully paid shares from the date of the petition will not lapse under section 182 of the Companies (Winding Up and Miscellaneous Provisions) Ordinance. In addition, the Company has not obtained a carte blanche order from the High Court for the disposal of property in the ordinary course of the Company's business. Investors and counterparties of the Company should pay attention to the impact and associated risks of section 182 of the Companies (Winding Up and Miscellaneous Provisions) Ordinance.