Beijing Honggao Creative Architectural Design Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or major omissions.
On May 22, 2023, the seventh meeting of the Board of Directors approved the proposal to apply to the court for pre-reorganization (Announcement No.: 2023-025). The Company believes that although it currently cannot repay due debts and lacks repayment capability, it has cultivated a significant presence in the architectural decoration design and construction field over the years, forming an integrated industry layout of "design and construction," which has certain reorganization value. Therefore, it applied to the Beijing First Intermediate People's Court for pre-reorganization. On May 23, 2023, the Company disclosed the announcement regarding its application for pre-reorganization (Announcement No.: 2023-028), with specific details available on the Giant Tide Information Network.
In accordance with the relevant provisions of the "Shenzhen Stock Exchange Self-Regulatory Guidelines for Listed Companies No. 14 - Bankruptcy Reorganization and Other Matters," the Company conducted a comprehensive self-examination regarding the occupation of funds by controlling shareholders, actual controllers, and other related parties, external guarantees, and the fulfillment of commitments. The specific situation is as follows: