China South City Holdings Limited (In Liquidation) released its quarterly update on 8 May 2026, detailing the status of its holistic debt-restructuring plan and confirming that its shares will remain suspended from trading on the Hong Kong Stock Exchange, where they have been halted since 11 August 2025.

The joint and several liquidators reported that the “Proposed Preliminary Terms” of the offshore restructuring were circulated to creditors after the 29 January and 3 February 2026 announcements. Discussions are under way, and feedback is still being gathered; no binding commitments or formal agreements have yet been reached.

The liquidators cautioned that failure to implement the holistic restructuring could compel them to pursue alternative recovery actions, potentially prolonging timelines and affecting creditor recoveries. Stakeholders wishing to engage directly on restructuring options were invited to contact the liquidators via the dedicated email address.

Operational stability on the Group’s Mainland China platform assets remains a core focus. The liquidators are working with key onshore stakeholders to minimise disruption, preserve asset value and support the restructuring framework.

Trading in China South City shares will continue to be suspended until further notice. Shareholders and potential investors were advised to exercise caution when dealing in the company’s securities.