Huajin International Holdings Limited announced that two subsidiaries have been named in enforcement actions involving aggregate debt claims of RMB130.09 million (USD-denominated figures were not disclosed). Unsettled balances totaled RMB16.38 million as of 30 April 2026.

Effective 25 November 2025, the PRC courts imposed “consumption restriction orders” on Executive Director & Chairman Xu Songqing and Executive Director & CEO Chen Chunniu, limiting their high-end personal expenditures until the subsidiaries’ obligations are fulfilled. The restrictions stem from six separate disputes:

• Jiangmen Huamu Metals Co., Ltd. – RMB20.50 million and RMB25.18 million claimed by Xiamen ITG Holding Group and Powchan Financial Group, respectively. • Four finance-lease cases brought by Haier Financial Leasing, International Far Eastern Leasing and Chengtay Financial Leasing against Jiangmen Huamu Metals and Jiangmen Huajin Metal Product, with individual claim amounts ranging from RMB7.43 million to RMB32.09 million.

Across all six cases, outstanding sums per court records totaled RMB16.38 million at the end of April 2026.

Management Update The company reported that normal operations continue and that the consumption restrictions affect only the personal spending of the two executives, not day-to-day corporate activities. Xu and Chen are negotiating revised repayment schedules with creditors, and the board expects settlement agreements to be reached before end-August 2026.

Other Subsidiary Disputes Huajin International acknowledged additional debt disputes involving certain subsidiaries; discussions with counterparties are ongoing. The board will monitor developments and issue further announcements if any event triggers disclosure obligations under Hong Kong’s Listing Rules or the Securities and Futures Ordinance.