Securities Code: 002726
Bond Code: 128119
Securities Abbreviation: ST Longda
Bond Abbreviation: Longda Convertible
Announcement No.: 2026-130
Shandong Longda Food Co., Ltd.
Announcement on Continuous Production and Operation During Pre-Restructuring Period
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed herein, and that there are no false records, misleading statements, or major omissions.
Special Notice
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Shandong Longda Food Co., Ltd. (hereinafter referred to as the "Company" or "Applicant") received the Decision [ (2026) Lu 06 Po Shen (Pre) No. 1 ] and Decision [ (2026) Lu 06 Po Shen (Pre) No. 1-1 ] issued by the Intermediate People's Court of Yantai (hereinafter referred to as "Yantai Intermediate Court") on July 9, 2026. A creditor, Shandong Laiyang Rural Commercial Bank Co., Ltd. (hereinafter referred to as "Laiyang Rural Commercial Bank", "Applicant", or "Creditor"), applied to the Yantai Intermediate Court for the restructuring of the Company on the grounds that the Company is unable to repay its due debts and is clearly lacking in repayment ability but possesses restructuring value. The Applicant also applied to initiate pre-restructuring proceedings, and the Yantai Intermediate Court decided to initiate pre-restructuring for the Company.
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The pre-restructuring procedure is a process to advance the preliminary work of the Company's debt and credit reconciliation and other related matters, and to improve the efficiency and feasibility of subsequent restructuring work. As of the disclosure date of this announcement, the Company has not yet received any legal documents from the court regarding the entry into restructuring proceedings, and whether the Company will enter restructuring proceedings subsequently is uncertain.
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If the court rules to accept the Company's restructuring application, the Company will cooperate with the court and the administrator in carrying out the relevant restructuring work in accordance with the law and fulfill its legal obligations as a debtor. According to Article 9.4.1 of the "Shenzhen Stock Exchange Stock Listing Rules" (hereinafter referred to as the "Stock Listing Rules"), if the court legally accepts the Company's restructuring application, the Shenzhen Stock Exchange will implement a delisting risk warning on the Company's stock. Investors are kindly advised to pay attention to investment risks.