000826SZSE
🚨 Material Event

Announcement on Abnormal Fluctuations in Stock Trading

*ST Qihuan Co., Ltd.··3 pages

✨ AI Summary

This announcement addresses the abnormal stock price fluctuations of启迪环境科技发展股份有限公司 (Tus-Environment Sci-Tech Development Co., Ltd.) over three consecutive trading days, with a cumulative price increase exceeding 20%. The company is currently in pre-restructuring proceedings, and the outcome remains uncertain, posing risks of delisting if restructuring fails.

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Full Translation

AI Translation· gemini_document

Stock Code: 000826

Stock Abbreviation: *ST 启环

Announcement Number: 2026-060

Tus-Environment Sci-Tech Development Co., Ltd.

Announcement on Abnormal Fluctuations in Stock Trading

The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed in this announcement, and that there are no false records, misleading statements, or material omissions therein.

Special Risk Warning:

  1. Tus-Environment Sci-Tech Development Co., Ltd. (hereinafter referred to as the "Company") is currently in the pre-restructuring phase. The Company has not yet received the relevant legal documents from the court regarding the acceptance of the restructuring application. Therefore, whether the applicant's restructuring application will be accepted by the court and whether the Company will subsequently enter the restructuring procedure is uncertain.

If the court rules to accept the applicant's restructuring application and the restructuring is successfully completed, it will be beneficial to improving the Company's operating and financial conditions and promoting the Company's return to a sustainable development track. However, even if the court rules to accept the restructuring application, there remains a risk of the Company being declared bankrupt and liquidated if the restructuring fails. If the Company is declared bankrupt due to restructuring failure, according to the relevant provisions of the "Shenzhen Stock Exchange Stock Listing Rules (2026 Revision)", the Company's stock will face the risk of termination of listing. Investors are kindly reminded to pay attention to investment risks.

  1. On July 31, 2026, the Company received a notice from the interim administrator stating that after public recruitment and evaluation, a selected restructuring industrial investor has been determined. The "Restructuring Investment Agreement of Tus-Environment Sci-Tech Development Co., Ltd." signed with the industrial investor carries the risk of termination or cancellation due to the occurrence of circumstances stipulated in the agreement. It is also possible that the restructuring investor may fail to perform or timely perform their relevant obligations as agreed in the agreement. The Company will closely monitor the progress of relevant matters. Investors are kindly reminded to pay attention to investment risks.

I. Situation of Abnormal Stock Trading Fluctuations

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