000686SZSE
🚨 Material Event

Announcement on Court's Decision to Initiate Pre-Restructuring for First Largest Shareholder and Appoint Provisional Administrator

Northeast Securities Co., Ltd.··2 pages

✨ AI Summary

Northeast Securities announces that its largest shareholder, Jilin Yasen (Group) Co., Ltd., has been ordered by the court to undergo pre-restructuring. A provisional administrator has been appointed. This may impact the company's equity structure, though daily operations are expected to continue unaffected. Investors are advised to monitor disclosures and consider investment risks.

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Full Translation

AI Translation· gemini_document

Stock Code: 000686

Stock Abbreviation: Northeast Securities

Announcement Number: 2026-047

Northeast Securities Co., Ltd.

Announcement on Court's Decision to Initiate Pre-Restructuring for First Largest Shareholder and Appoint Provisional Administrator

The Company and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or significant omissions.

Northeast Securities Co., Ltd. (hereinafter referred to as the "Company" or "Northeast Securities") received on July 28, 2026, a "Letter of Notification" from its first largest shareholder, Jilin Yasen (Group) Co., Ltd. (hereinafter referred to as "Yasen Group"), regarding the court's decision to initiate pre-restructuring for Yasen Group. Yasen Group received a "Decision" issued by the Intermediate People's Court of Changchun City, Jilin Province (hereinafter referred to as the "Court"), deciding to initiate pre-restructuring for Yasen Group and appointing the liquidation team of Yasen Group as its provisional administrator for the pre-restructuring.

According to the "Letter of Notification," the court's decision to initiate pre-restructuring proceedings for Yasen Gr

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