Announcement on the Expected Inability to Repay Principal and Interest of "Long Da Convertible Bonds"
Important Content Reminder:
The content of this announcement and the board of directors ensures the completeness and accuracy of the information disclosed by all shareholders, and there are no false records, misleading statements or major omissions.
Key Content Summary:
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"Long Da Convertible Bonds" Maturity Date: July 7, 2026
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"Long Da Convertible Bonds" Last Trading Day: July 7, 2026
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"Long Da Convertible Bonds" Delisting Date: July 8, 2026
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"Long Da Convertible Bonds" Last Conversion Day: July 10, 2026
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"Long Da Convertible Bonds" Registration Date for Redemption: July 10, 2026
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"Long Da Convertible Bonds" Redemption Amount: 115 yuan/share (including principal and the last period's interest). The company currently has insufficient monetary funds to repay the principal and interest of "Long Da Convertible Bonds." Investors are advised to pay attention to related risks.
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During the trading suspension period (from July 8, 2026, to July 10, 2026), holders of "Long Da Convertible Bonds" may convert them into company shares according to the provisions.
1. Basic Company Information
Shandong Longda Food Co., Ltd. (hereinafter referred to as the "Company") initiated an out-of-court restructuring on July 3, 2026. The Company has not yet filed for bankruptcy reorganization proceedings. Through market-oriented and commercial means, the Company has negotiated with investors, creditors, and relevant parties on debt restructuring, debt adjustment, and increasing capital, achieving a preliminary agreement. This is to resolve the Company's debt risks and continue its operations.
The out-of-court restructuring is a voluntary negotiation among all parties and does not have compulsory judicial effect. There is significant uncertainty as to whether the relevant matters can be agreed upon and smoothly advanced. Investors are advised to pay close attention to related risks.