002411SZSE

Announcement on the Proposed Application for Pre-Reorganization to the Court

Bikang Holdings··3 pages

✨ AI Summary

Yan'an Bikon Pharmaceutical Co., Ltd. plans to apply for pre-reorganization to mitigate debt and operational risks. The company has faced consecutive years of adverse audit reports, triggering delisting conditions. The court's decision on the application remains uncertain, and the company is at risk of delisting regardless of the outcome. The board emphasizes the importance of timely information disclosure to investors.

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Full Translation

AI Translation· azure_openai
  1. Securities Code: 002411
    Securities Abbreviation: *ST Bikon
    Announcement Number: 2023-083

Announcement on the Proposed Application for Pre-Reorganization to the Court

Yan'an Bikon Pharmaceutical Co., Ltd. (hereinafter referred to as "the Company" or "Yan'an Bikon") and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

Special Reminder:

  1. On May 11, 2023, the 52nd meeting of the 5th Board of Directors of Yan'an Bikon approved the proposal to apply to the competent People's Court (hereinafter referred to as "the Court") for pre-reorganization to avoid further deterioration of the Company's debt and operational risks. The Court's decision on whether to grant the pre-reorganization application and the specific timeline remains uncertain.
  2. The Company has triggered conditions for delisting. Regardless of the success of this pre-reorganization, the Company still faces the risk of delisting.

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