Announcement on Publicly Soliciting Restructuring Investors
The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or material omissions.
Key Information and Special Risk Warnings:
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On April 20, 2026, the Intermediate People's Court of Xinzhou City, Shanxi Province (hereinafter referred to as the "Xinzhou Intermediate Court" or "the Court") decided to initiate pre-restructuring proceedings for Shanxi Tongde Chemical Co., Ltd. (hereinafter referred to as "Tongde Chemical" or "the Company"). The Company disclosed the "Announcement on Filing for Record of the Court's Decision to Initiate Pre-Restructuring Proceedings for the Company" (Announcement No.: 2026-034) on April 21, 2026.
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On May 6, 2026, the Xinzhou Intermediate Court issued a "Decision," appointing the liquidation team of Shanxi Tongde Chemical Co., Ltd. as the pre-restructuring assistance institution for Tongde Chemical (hereinafter referred to as the "Pre-Restructuring Assistance Institution"). The Company disclosed the "Announcement on the Court's Appointment of a Pre-Restructuring Assistance Institution" (Announcement No.: 2026-056) on May 7, 2026.
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The Court's decision to file for record of the pre-restructuring proceedings does not signify the Court's formal acceptance of the Company's restructuring application, and whether the Company can enter the restructuring procedure remains uncertain. If the Court rules to accept the Company's restructuring application, the Company will cooperate with the Court and the administrator in carrying out relevant restructuring work and fulfill its legal obligations as a debtor. According to the relevant provisions of the "Stock Listing Rules of Shenzhen Stock Exchange," after the Court rules to accept the restructuring application, Shenzhen Stock Exchange will impose a delisting risk warning on the Company's stock. Investors are advised to pay attention to investment risks.