002634SZSE
🚨 Material Event

Announcement on the Convening of the First Creditors' Meeting and Voting Results of the Pre-Restructuring Case

*ST Bangjie Co., Ltd.··3 pages

✨ AI Summary

The company announces the results of its first creditors' meeting for pre-restructuring. The meeting approved the draft restructuring plan. The company faces delisting risks due to negative net assets and audit reports indicating substantial doubt about its ability to continue as a going concern.

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Full Translation

AI Translation· gemini_document

Securities Code: 002634 Securities Abbreviation: *ST Bangjie Announcement No.: 2026-066 Zhejiang Bangjie Holding Group Co., Ltd. Announcement on the Convening of the First Creditors' Meeting and Voting Results of the Pre-Restructuring Case

The Company and the Board of Directors, as well as the pre-restructuring administrator, guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or major omissions.

On December 6, 2025, Zhejiang Bangjie Holding Group Co., Ltd. (hereinafter referred to as the "Company") disclosed the "Notice Announcement on the Company Being Applied for Pre-Restructuring by Creditors" (Announcement No.: 2025-117). Suzhou Huanxiu Lake Zhuguang Enterprise Management Partnership (Limited Partnership), a creditor, applied to the Intermediate People's Court of Jinhua City, Zhejiang Province (hereinafter referred to as "Jinhua Intermediate Court" or "the Court") for pre-restructuring of the Company on the grounds that the Company was unable to repay its due debts and its assets were insufficient to repay all debts, but it had restructuring value.

On January 6, 2026, the Company disclosed the "Announcement on the Court's Decision to Initiate Pre-Restructuring and Appoint Provisional Administrator" (Announcement No.: 2026-001). The Jinhua Intermediate Court made the "Decision" (2026) Zhejiang 07 Po Shen No. 1 and the "Decision" (2026) Zhejiang 07 Po Shen No. 1-1, deciding to initiate pre-restructuring for the Company and appointing Zhejiang Jingheng Law Firm and AllBright Law Offices (Hangzhou) as the provisional administrator of the Company (hereinafter referred to as the "pre-restructuring administrator").

On June 2, 2026, the Company disclosed the "Notice of the First Creditors' Meeting for the Pre-Restructuring Case" (Announcement No.: 2026-058). On May 31, 2026, the Company received the "Notice of the First Creditors' Meeting for the Pre-Restructuring Case of Zhejiang Bangjie Holding Group Co., Ltd." from the pre-restructuring administrator. According to the progress of the pre-restructuring work, the first creditors' meeting for the Company's pre-restructuring case was scheduled to be held at 9:30 AM on June 17, 2026, via online meeting.

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