002360SZSE
🚨 Material Event

Announcement on Progress of Company and Subsidiaries' Overdue Debts

ST Tongde Co., Ltd.··7 pages

✨ AI Summary

This announcement details the ongoing overdue debt situation for Shanxi Tongde Chemical Co., Ltd. and its subsidiaries. The principal amount of overdue debt has significantly increased from RMB 30.82 million in April 2025 to RMB 394.64 million by May 2026. The company is actively negotiating with financial institutions for debt extensions and restructuring to alleviate short-term repayment pressure and improve its financial condition.

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Full Translation

AI Translation· gemini_document

Securities Code: 002360

Securities Abbreviation: ST Tongde

Announcement No.: 2026-077

Shanxi Tongde Chemical Co., Ltd.

Announcement on Progress of Company and Subsidiaries' Overdue Debts

The Company and the Board of Directors guarantee the content of the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or material omissions.

I. Basic Situation of Overdue Debts

  1. On April 25, 2025, Shanxi Tongde Chemical Co., Ltd. (hereinafter referred to as "Tongde Chemical" or "the Company") disclosed the "Announcement on Overdue Debts of the Company and Wholly-owned Subsidiaries" (Announcement No.: 2025-027) in the Securities Times, Shanghai Securities News, and the Juchao Information Network. As of April 25, 2025, the principal amount of overdue debts for the Company and its wholly-owned subsidiary Tongde Kechuang Materials Co., Ltd. (hereinafter referred to as "Tongde Kechuang") was RMB 30,820,946.72. The interest corresponding to the aforementioned overdue debts has been paid on time.

  2. On May 23, 2025, the Company disclosed the "Announcement on the Unfreezing of Part of the Company's Bank Accounts" (Announcement No.: 2025-046) in the Securities Times, Shanghai Securities News, and the Juchao Information Network. The Company repaid an overdue debt of RMB 2,986,129.86 to Ping An International Finance Leasing Co., Ltd.

  3. On May 27, 2025, the Company disclosed the "Announcement on the Progress of Overdue Debts of the Company and Wholly-owned Subsidiaries" (Announcement No.: 2025-047) in the Securities Times, Shanghai Securities News, and the Juchao Information Network. As of May 26, 2025, the principal amount of overdue debts for the Company and Tongde Kechuang was RMB 44,473,436.20, with overdue unpaid interest of RMB 980,000.00, totaling RMB 45,453,436.20.

  4. On June 27, 2025, the Company disclosed the "Announcement on the Progress of Overdue Debts of the Company and Wholly-owned Subsidiaries" (Announcement No.: 2025-054) in the Securities Times, Shanghai Securities News, and the Juchao Information Network. As of June 27, 2025, the principal amount of overdue debts for the Company and Tongde Kechuang was RMB 46,977,855.24. The interest corresponding to the aforementioned overdue debts has been paid.

  5. On July 29, 2025, the Company disclosed the "Announcement on the Progress of Overdue Debts of the Company and Wholly-owned Subsidiaries" (Announcement No.: 2025-064) in the Securities Times, Shanghai Securities News, and the Juchao Information Network. As of July 29, 2025, the principal amount of overdue debts for the Company and Tongde Kechuang was RMB 50,625,559.09. The interest corresponding to the overdue debts has been paid by the Company.

  6. On August 27, 2025, the Company disclosed the "Announcement on the Progress of Overdue Debts of the Company and Wholly-owned Subsidiaries" (Announcement No.: 2025-087) in the Securities Times, Shanghai Securities News, and the Juchao Information Network. As of August 27, 2025, the principal amount of overdue debts for the Company and Tongde Kechuang was RMB 65,755,445.09. The interest corresponding to the overdue debts has been paid by the Company.

  7. On September 16, 2025, the Company disclosed the "Announcement on the Progress of Overdue Debts of the Company and Subsidiaries" (Announcement No.: 2025-096) in the Securities Times, Shanghai Securities News, and the Juchao Information Network. As of September 15, 2025, the principal amount of overdue debts for the Company and Tongde Kechuang was RMB 81,813,365.24, with overdue unpaid interest of RMB 1,394,578.24, totaling RMB 83,207,943.48 for overdue principal and unpaid interest.

  8. On September 23, 2025, the Company disclosed the "Announcement on the Progress of Overdue Debts of the Company and Subsidiaries" (Announcement No.: 2025-099) in the Securities Times, Shanghai Securities News, and the Juchao Information Network. As of September 22, 2025, the principal amount of overdue debts for the Company and Tongde Kechuang was RMB 129,408,611.93, with overdue unpaid interest of RMB 3,006,160.74, totaling RMB 132,414,772.67 for overdue principal and unpaid interest.

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