Stock Code: 002726
Stock Abbreviation: ST Longda
Announcement No.: 2026-140
Shandong Longda Food Co., Ltd.
Announcement on Progress of Company's Pre-Restructuring Matters
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and there are no false records, misleading statements, or material omissions.
Special Instructions
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The pre-restructuring procedure is intended to advance the company's debt and creditor restructuring and related work, thereby improving the efficiency and feasibility of subsequent restructuring. As of the disclosure date of this announcement, the company has not yet received the court's legal documents accepting the restructuring application, and it remains uncertain whether the company will enter the restructuring procedure.
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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 to carry out relevant restructuring work and fulfill its legal obligations as a debtor. According to Rule 9.4.1 of the "Stock Listing Rules," if the court rules to accept the company's restructuring application, the Shenzhen Stock Exchange will impose a delisting risk warning on the company's stock. Investors are kindly advised to pay attention to investment risks.
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If the court accepts the applicant's restructuring application for the company, and if the company enters the restructuring procedure and the restructuring is successfully completed, it will help resolve the company's debt risks, optimize its balance sheet structure, and enhance its sustainable operating and profitability capabilities. If the restructuring fails, the company will face the risk of being declared bankrupt. If the company is declared bankrupt, according to the relevant provisions of the "Stock Listing Rules," the company's stock will face the risk of termination of listing. Investors are kindly advised to pay attention to investment risks.
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Hexin Certified Public Accountants (Special General Partnership) issued a disclaimer of opinion on the company's internal control for 2025. The net profit after deducting non-recurring gains and losses for 2023, 2024, and 2025 was negative. The 2025 audit report indicates uncertainty about the company's ability to continue as a going concern. According to Article 9.8.1 of the "Shenzhen Stock Exchange Stock Listing Rules," "if the financial report's internal control for the most recent fiscal year receives a disclaimer of opinion or a negative opinion audit report" and "the net profit after deducting non-recurring gains and losses for the three most recent fiscal years is negative, and the audit report for the most recent fiscal year indicates uncertainty about the company's ability to continue as a going concern," the Shenzhen Stock Exchange will implement other risk warnings for the company's stock transactions. Since April 30, 2026, the company's stock will continue to be subject to other risk warnings, and the stock abbreviation will change from "Longda Food" to "ST Longda."
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According to the "Announcement on the Progress of Recruiting Off-Market Restructuring Investors and the Public Recruitment and Selection of Restructuring Investors" disclosed by the company on July 21, 2026 (Announcement No. 2026-135), the statistics on the effective registration of intended investors for off-market restructuring could only be completed on July 23, 2026. The company is disclosing this progress announcement based on this.