Securities Code: 002726
Securities Abbreviation: ST Longda
Announcement No.: 2026-143
Shandong Longda Food Co., Ltd.
Announcement on the Progress of the Company's Pre-Restructuring Matters
The Company and the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosure, and are free from false records, misleading statements, or major omissions.
Special Notice
-
The pre-restructuring procedure is intended to initiate the company's debt and asset restructuring and other related work in advance, to improve the efficiency and feasibility of subsequent restructuring. As of the disclosure date of this announcement, the company has not yet received the relevant legal documents from the court accepting the restructuring application, and whether the company will enter the restructuring procedure subsequently is uncertain.
-
If the court rules to accept the company's restructuring application, the company will cooperate with the court and the administrator to carry out the relevant restructuring work and fulfill the legal obligations of the debtor in accordance with the law. 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 advised to pay attention to investment risks.
-
If the court accepts the applicant's restructuring application for the company, and the company enters the restructuring procedure and the restructuring is successfully completed, it will help to resolve the company's debt risks, optimize its balance sheet structure, and enhance its sustainable operating and profitability; if the restructuring fails, the company will be at 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 advised to pay attention to investment risks.
-
Hexin Certified Public Accountants (Special General Partnership) issued a disclaimer of opinion on the company's internal control for 2025 in its "Internal Control Audit Report". The net profit after deducting non-recurring gains and losses for 2023, 2024, and 2025 was negative. Furthermore, the 2025 audit report indicates uncertainty about the company's ability to continue as a going concern. According to Rule 9.8.1 of the "Shenzhen Stock Exchange Stock Listing Rules" regarding "an audit report with a disclaimer of opinion or a negative opinion on internal controls for the most recent fiscal year" and "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 impose other risk warnings on the company's stock trading. The company's stock will continue to be subject to other risk warnings from April 30, 2026, and the stock abbreviation will change from "Longda Food" to "ST Longda".