Securities Code: 002726
Bond Code: 128119
Securities Abbreviation: ST Long Da
Bond Abbreviation: Long Da Convertible Bond
Announcement Number: 2026-107
Shandong Long Da Great Food Co., Ltd.
Announcement on the Risk Warning of Expected Failure to Redeem "Long Da Convertible Bonds" Upon Maturity
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or significant omissions.
Key Information Summary:
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Maturity Date of "Long Da Convertible Bonds": July 12, 2026
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Last Trading Day of "Long Da Convertible Bonds": July 7, 2026
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Trading Suspension Date of "Long Da Convertible Bonds": July 8, 2026
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Last Conversion Date of "Long Da Convertible Bonds": July 10, 2026
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Registration Date for Redemption of "Long Da Convertible Bonds": July 10, 2026
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Redemption Price Upon Maturity of "Long Da Convertible Bonds": RMB 115 per unit (including tax and the last interest payment). The company's current monetary funds are insufficient to redeem the principal and interest of "Long Da Convertible Bonds." Investors are advised to pay attention to related risks.
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During the period from the trading suspension date to the end of the conversion period (i.e., July 8, 2026, to July 10, 2026), holders of "Long Da Convertible Bonds" may still convert their bonds into company shares according to the agreed terms.
I. Company and Convertible Bond Basic Information
- Company Basic Information
Shandong Long Da Great Food Co., Ltd. (hereinafter referred to as the "Company") initiated out-of-court restructuring procedures on July 3, 2026. This means that without entering judicial bankruptcy proceedings, the Company will voluntarily negotiate with creditors, shareholders, and potential investors through market-based methods to reach an agreement on debt repayment, debt restructuring, and introduction of incremental capital, in order to resolve the company's debt risks and restore its ability to continue operating.
The out-of-court restructuring is a voluntary negotiation among all parties and does not have mandatory judicial effect. There is significant uncertainty as to whether the relevant matters can be agreed upon and successfully advanced. Investors are urged to pay close attention to related risks.