The Shenzhen Intermediate People's Court assigned Sincere Partners & Attorneys as administrator of IBO Technology (HKG:2708) subsidiary IBO Information (Shenzhen) on March 5.
IBO Information develops smart city products and solutions. It filed for bankruptcy liquidation proceedings in December 2024, according to a Tuesday filing with the Hong Kong Exchange.
Trading in IBO Technology's shares has been suspended since April 29, 2024. The company is currently in liquidation.
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