002360SZSE
🚨 Material Event

Announcement on Progress of Pre-Restructuring Matters and Receipt of Pre-Restructuring Extension Decision

ST Tongde Co., Ltd.··3 pages

✨ AI Summary

This announcement details the progress of Shanxi Tongde Chemical Co., Ltd.'s pre-restructuring process. The company received a court decision extending the pre-restructuring period to October 20, 2026. The company faces risks of delisting if restructuring fails or if the court does not accept the restructuring application.

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Full Translation

AI Translation· gemini_document

Stock Code: 002360

Stock Abbreviation: ST Tongde

Announcement No.: 2026-084

Shanxi Tongde Chemical Co., Ltd.

Announcement on Progress of Pre-Restructuring Matters and Receipt of Pre-Restructuring Extension Decision

The Company and the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false representations, misleading statements, or material omissions.

Shanxi Tongde Chemical Co., Ltd. (hereinafter referred to as "Tongde Chemical" or "the Company") hereby announces the progress of the Company's pre-restructuring matters in accordance with the "Shenzhen Stock Exchange Stock Listing Rules (2026 Revision)" and the "Shenzhen Stock Exchange Listed Company Self-Regulation Guidelines No. 14 - Bankruptcy Restructuring and Other Matters (2025 Revision)" and other relevant regulations.

I. Basic Situation of Pre-Restructuring

(1) On April 20, 2026, Tongde Chemical received a "Notice" served by the Intermediate People's Court of Xinzhou City, Shanxi Province (hereinafter referred to as "Xinzhou Intermediate Court" or "the Court") and a "Notification Letter" served by the creditor Hequ County Wanxiang Construction Engineering Co., Ltd. The content was that the applicant applied to the Xinzhou Intermediate Court for pre-restructuring and restructuring of the Company on the grounds that the Company is unable to repay its due debts and is clearly lacking in solvency but possesses restructuring value. The Company disclosed the "Notice Announcement on Application for Restructuring and Pre-Restructuring by Creditor" (Announcement No.: 2026-033) on April 21, 2026.

(2) On April 20, 2026, the Xinzhou Intermediate Court decided to register the pre-restructuring of Tongde Chemical. The Company disclosed the "Announcement on the Court's Decision to Register Pre-Restructuring of the Company" (Announcement No.: 2026-034) on April 21,

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