002726SZSE
🚨 Material Event

Announcement on the Risk Warning of Expected Failure to Repay "Long Da Convertible Bonds" Upon Maturity

ST Longda Co., Ltd.··3 pages

✨ AI Summary

Shandong Long Da Great Food Co., Ltd. announces that its "Long Da Convertible Bonds" are due to mature on July 12, 2026. Due to insufficient cash reserves, the company anticipates it may be unable to repay the principal and interest. The company is undergoing pre-restructuring proceedings, and the final repayment plan remains uncertain.

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Full Translation

AI Translation· gemini_document

Stock Code: 002726

Bond Code: 128119

Stock Abbreviation: ST Long Da

Bond Abbreviation: Long Da Convertible Bond

Announcement Number: 2026-117

Shandong Long Da Great Food Co., Ltd.

Announcement on the Risk Warning of Expected Failure to Repay "Long Da Convertible Bonds" Upon Maturity

The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.

Important Content Reminder:

"Long Da Convertible Bonds" will mature on July 12, 2026, and July 10, 2026, is the last day for conversion. Conversion has now stopped.

I. Basic Information of the Company and Convertible Bonds

  1. Basic Information of the Company

Shandong Long Da Great Food Co., Ltd. (hereinafter referred to as the "Company") received on July 9, 2026, a decision letter [(2026) Lu 06 Po Shen (Pre) No. 1] and a decision letter [(2026) Lu 06 Po Shen (Pre) No. 1-1] issued by the Intermediate People's Court of Yantai City (hereinafter referred to as "Yantai Intermediate Court"). The creditor, Shandong Laiyang Rural Commercial Bank Co., Ltd., applied to the Yantai Intermediate Court for restructuring of the Company on the grounds that the Company is unable to repay its due debts and clearly lacks solvency, but has restructuring value. The court decided to initiate pre-restructuring proceedings for the Company and appointed a provisional administrator.

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