ST Mick announced that the company received a debt forgiveness notice from National Trust and that it voluntarily exempted all of its claims against the company free of charge. As of July 31, 2026, the total underlying claims amounted to 84.3347 million yuan, and was also exempted from all guarantee liabilities. The debt forgiveness has been completed, and the company is in the pre-restructuring stage. This matter is conducive to promoting the restructuring process and optimizing the balance and liability structure. There is still uncertainty about whether the company's restructuring matters can proceed smoothly and the final implementation results. If the court decides to accept the restructuring application, the company's shares will be combined with a delisting risk warning. If the restructuring does not proceed smoothly, the company's shares will face the risk of termination of listing.

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