Notice Regarding the Company's Bankruptcy Liquidation Application by Creditors
Securities Code: 300178
Securities Abbreviation: Tengbang Tui
Announcement Number: 2021-113
Tengbang International Commercial Services Group Co., Ltd. (hereinafter referred to as "the Company," "Tengbang International," or "the Respondent") received a notice and bankruptcy liquidation application (2022) Yue 03 Po Shen 475 from the Shenzhen Intermediate People's Court (hereinafter referred to as "Shenzhen Intermediate Court") on June 13, 2021. The bankruptcy liquidation application states that the applicant, Su Jiaolian, is applying for the company's bankruptcy liquidation due to unpaid wages owed since 2019. There is uncertainty regarding whether the court will accept the application and whether the company will enter bankruptcy liquidation proceedings. If the bankruptcy liquidation application is accepted by the court, the company will enter bankruptcy liquidation proceedings.