*ST E-Record announced that the Beijing First Intermediate Court decided to start pre-restructuring the company on May 19, 2026, and appointed Beijing King & Wood Mallesons as the temporary manager of the pre-restructuring on May 28. In order to advance the pre-restructuring and restructuring work, the temporary manager now publicly selects and hires the reorganization service trust trustee. Candidate institutions are required to submit their candidacy documents before 18:00 on October 22, 2026. The company has been issued a delisting risk warning due to negative net assets at the end of 2025. Currently, the Securities Regulatory Commission is still in the investigation stage. There is uncertainty about whether to enter the restructuring process later. If the restructuring fails or does not enter the restructuring process, there is a risk that the listing of the company's shares will be terminated.

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