Notice of the Meeting of the Investor Group for the Pre-Reorganization Case
Zhejiang Bangjie Holding Group Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors, as well as the pre-reorganization administrator, guarantee that the content of this information disclosure is true, accurate, and complete, without any false records, misleading statements, or significant omissions.
On December 6, 2025, the Company disclosed the "Notice of the Company Being Applied for Pre-Reorganization by Creditors" (Announcement No. 2025-117). The creditor Suzhou Huansiu Lake Zhuguang Enterprise Management Partnership (Limited Partnership) applied to the Intermediate People's Court of Jinhua City, Zhejiang Province (hereinafter referred to as "Jinhua Intermediate Court" or "the Court") for pre-reorganization materials, citing the Company's inability to repay due debts and insufficient assets to cover all debts, but with reorganization value.
On January 6, 2026, the Company disclosed the "Announcement of the Court's Decision to Initiate Pre-Reorganization and Appoint Temporary Administrators" (Announcement No. 2026-001). The Jinhua Intermediate Court legally issued Decision No. (2026) Zhe 07 Po Shen 1 and Decision No. (2026) Zhe 07 Po Shen 1-1, deciding to initiate pre-reorganization for the Company and appointing Zhejiang Jingheng Law Firm and Beijing King & Wood Mallesons (Hangzhou) Law Firm as the Company's temporary administrators (hereinafter referred to as "the Pre-Reorganization Administrators").
According to the progress arrangement of the pre-reorganization work, the Company's pre-reorganization administrators will hold the first creditors' meeting on June 17, 2026, to verify claims and vote on the "Draft Reorganization Plan of Zhejiang Bangjie Holding Group Co., Ltd. (Preliminary)" (hereinafter referred to as "the Draft Reorganization Plan (Preliminary)").
On May 31, 2026, the Company received the "Notice of the Meeting of the Investor Group for the Pre-Reorganization Case" from the pre-reorganization administrators. According to the relevant provisions of the "Enterprise Bankruptcy Law of the People's Republic of China" (hereinafter referred to as "the Bankruptcy Law"), if the draft reorganization plan involves adjustments to investor rights, an investor group must be established to vote on this matter.
Given that the "Draft Reorganization Plan (Preliminary)" involves adjustments to investor rights, the Company's pre-reorganization administrators will convene the meeting of the investor group on June 17, 2026 (Wednesday) at 14:30. The Company's shareholders, as investors, will review and vote on the "Adjustment Plan for Investor Rights in the Draft Reorganization Plan of Zhejiang Bangjie Holding Group Co., Ltd. (Preliminary)."
According to the "Shenzhen Stock Exchange Stock Listing Rules," "Shenzhen Stock Exchange Self-Regulatory Guidelines No. 14 - Bankruptcy Reorganization and Other Matters," and the Company's Articles of Association, the specific matters regarding this meeting are announced as follows: