Announcement on the Company's and Its Wholly-Owned Subsidiary's Application for Pre-Reorganization and Reorganization

*ST Yingfei Co., Ltd.·June 2, 2026·9 pages

✨ AI Summary

The company intends to apply for pre-reorganization and reorganization in court. As of March 31, 2026, the company's total assets are approximately 1.51 billion yuan, with total liabilities of about 1.67 billion yuan. The board emphasizes the importance of this process for financial stability and future operations. The company aims to mitigate risks and enhance management efficiency.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

Special Risk Reminder:

Shenzhen Yingfei Technology Co., Ltd. (hereinafter referred to as "the Company") convened the third meeting of the sixth board of directors on June 2, 2026, and approved the proposal regarding the Company's application for pre-reorganization and reorganization to the court. The Company and its wholly-owned subsidiary, Yingfei Technology, will apply to the court for pre-reorganization and reorganization.
This matter requires approval by the shareholders' meeting, and whether the shareholders' meeting can be convened is uncertain. The court's decision on whether to allow Yingfei Technology to enter the pre-reorganization and reorganization process is also uncertain. The Company will continue to carry out its business operations during this period.
According to the "Shenzhen Stock Exchange Listing Rules (2025 Revision)", the Company will be subject to risk management measures starting from April 30, 2026.

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.