ST Joint Venture's announcement stated that the company was previously applied for restructuring and pre-restructuring by creditors, and the Beijing First Intermediate Court has decided to initiate pre-restructuring of the company and appoint a temporary manager. Currently, the company is publicly recruiting investors for restructuring. The registration deadline is 18:00 on October 15, 2026. Industrial investors must pay a registration deposit of 50 million yuan, and financial investors must pay 10 million yuan. Currently, there is still uncertainty about whether the company will enter the restructuring process. If the court decides to accept the restructuring application, the company's shares will be subject to a delisting risk warning; if the restructuring fails, there is a risk that the company will be declared bankrupt and the stock listing terminated.

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