ST Longyuan announced that the company has been pre-restructured by the Ningbo Intermediate Court, and the court appointed Zhejiang Jingheng Law Firm, Zhejiang and Yiguanda Law Firm as pre-restructuring managers. Creditors should file claims through the “Little Firebird Smart Bankruptcy Platform” before December 7, 2026. Interest on creditors with interest will be temporarily calculated until September 30, 2026. They must explain in writing the amount, type, and whether there is a property guarantee, etc. and provide evidentiary materials. Claims declared during the pre-restructuring period are valid in subsequent reorganization proceedings. There is uncertainty about whether the company has entered the restructuring process and whether the restructuring is successful. If the court decides to accept the restructuring, the company's shares will be superimposed on a delisting risk warning. If the restructuring fails, the company is at risk of being declared bankrupt and the stock listing terminated.

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