On 30 September 2026, Pak Tak International Limited released its latest quarterly update on actions to resolve the auditor’s disclaimer of opinion, highlighting decisive progress on debt restructuring and portfolio realignment.

Pak Tak confirmed that the enforcement right to Bank Loan 2—originally RMB279.00 million and totalling RMB341.50 million with accrued interest as at 31 December 2025—was transferred from Hua Xia Bank to Cinda SZ Branch and subsequently to Shenzhen Yunfeng. Shenzhen Yunfeng has now issued an exemption letter unconditionally and irrevocably releasing the company from its corporate guarantees and will seek withdrawal of execution proceedings.

This release cleared a key condition for the sale of the Target Group, which formally completed on 24 September 2026. Following completion, the Target Group’s financial results, assets and liabilities, including the RMB341.50 million obligation, are no longer consolidated into Pak Tak’s accounts, materially reducing balance-sheet leverage.

Management continues to liaise with the substantial shareholder for potential financial support and is exploring additional financing channels to underpin liquidity. Post-disposal, overall financial exposure has been further reduced.

Parallel initiatives to accelerate receivables collection remain in place to strengthen operating cash flow. The company is also advancing its iron-ore mining and milling segment, focusing on efficiency gains and capacity expansion as part of its long-term strategy.

Pak Tak stated that restructuring efforts are ongoing and pledged to provide further market updates in line with Hong Kong Listing Rules.