ST Longda announced that the Yantai Intermediate People's Court ruled on July 9, 2026 to accept the company's pre-restructuring application and appoint a temporary manager. Creditors should file claims through the “e-Break” website network before August 24. Claims arising from normal production and operation are not required to be declared. There are major uncertainties about whether this pre-restructuring can proceed smoothly and whether it will be transferred to the formal restructuring process later. If the court later decides to accept the company's restructuring, the company's shares will be subject to a delisting risk warning. If the pre-restructuring or formal restructuring fails, there is a risk that the company will be declared bankrupt or the stock listing will be terminated.

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