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EQS-Ad-hoc: ZhongDe Waste Technology AG / Key word(s): Insolvency
ZhongDe Waste Technology AG: German Federal Office of Justice applied for the opening of insolvency proceedings in respect of ZhongDe Waste Technology AG
11-Dec-2025 / 11:00 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the content of this announcement.
German Federal Office of Justice applied for the opening of insolvency proceedings in respect of ZhongDe Waste Technology AG
Frankfurt am Main, 11 December 2025 – The German Federal Office of Justice (Bundesamt für Jusitz – “BfJ”) informed ZhongDe Waste Technology AG (“Company”) in a letter received late on 10 December 2025, that the BfJ rejected the Company’s proposal for an instalment plan with regard to a total claim in the amount of EUR 11,820,927.04 and that the BfJ submitted an application for the opening of insolvency proceedings in respect of the Company.
Should the court ultimately rule that the Company enters insolvency proceedings, it may have a significant adverse impact on the Company's normal operations, financial condition and shareholder equity. The Company will make every effort to avoid such adverse outcomes through negotiation or legal means.
The Company's Supervisory Board, Management Board and all management personnel will fulfil their duties diligently to ensure stable operations of the Company and minimize the impact of this incident on the rights and interests of shareholders and investors.
Additional Information:
ISIN: DE000ZDWT018
WKN: ZDWT01
Listing: Regulated Market (General Standard) at Frankfurt Stock Exchange
Contact:
ZhongDe Waste Technology AG
Ying Sun
Investor Relations
Barckhausstrasse 1,
60325 Frankfurt
Tel.: +49 (0) 69 2475689 - 630
Fax: +49 (0) 69 2475689 - 499
Email: ying.sun@zhongde-ag.de
Approved by CEO Zefeng Chen
End of Inside Information
11-Dec-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
View original content: EQS News
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| Language: |
English |
| Company: |
ZhongDe Waste Technology AG |
|
Barckhausstraße 1 |
|
60325 Frankfurt |
|
Germany |
| Phone: |
+ 49 69 50956 5656 |
| Fax: |
+ 49 69 50956 5520 |
| Internet: |
www.zhongde-ag.de |
| ISIN: |
DE000ZDWT018 |
| WKN: |
ZDWT01 |
| Listed: |
Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: |
2244014 |
| |
| End of Announcement |
EQS News Service |
2244014 11-Dec-2025 CET/CEST
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