VPower Group International Holdings Limited (Stock Code: 1608) announced that its proposed offshore debts restructuring under the Restructuring Master Agreement, originally due to become effective by 14 February 2026, has lapsed. The company had been working to resolve outstanding issues related to the agreement’s effective date but did not reach an extension with its lenders before the longstop date. Negotiations remain ongoing to secure an appropriate extension that will enable full implementation of the restructuring plans.

In relation to winding-up petitions filed on 28 November 2025, the High Court of the Hong Kong Special Administrative Region has granted a validation order confirming that all transfers of the company’s fully paid-up shares remain valid despite the pending petitions. The company intends to provide further updates according to relevant regulations and cautions shareholders and investors to stay informed on future developments.