Announcement on the Company's Pre-Reorganization Debt Claim Declaration
Special Reminder:
- On May 29, 2026, Beijing Yihualu Information Technology Co., Ltd. (hereinafter referred to as "Yihualu" or "the Company") received the Decision No. (2026) Jing 01 Po Shen 407 from the Beijing First Intermediate People's Court (hereinafter referred to as "Beijing First Intermediate Court" or "the Court"), designating Beijing King & Wood Mallesons as the temporary administrator during the company's pre-reorganization period (hereinafter referred to as "the Temporary Administrator"). For details, please refer to the announcement disclosed by the company on May 29, 2026, titled "Announcement on the Court's Designation of the Company's Temporary Administrator During the Pre-Reorganization Period" (Announcement No. 2026-037).
- On April 28, 2026, the company disclosed the "Announcement on Receiving the Case Filing Notice from the China Securities Regulatory Commission" (Announcement No. 2026-027), as the company is suspected of violations related to information disclosure. The China Securities Regulatory Commission has decided to file a case against the company, which poses risks of administrative penalties due to these violations. As of now, the company has not received a conclusive opinion or decision from the China Securities Regulatory Commission regarding the aforementioned case filing, and it cannot determine whether this case filing will affect the company's subsequent entry into the reorganization process and its implementation.
- There is still uncertainty regarding whether the company will enter the reorganization process. If the company enters the reorganization process and it is successfully implemented, it will help optimize the company's asset-liability structure, enhance its ability to continue operations, and assist in eliminating the delisting risk caused by the negative net assets in 2025, thereby helping the company return to a healthy development state. If the reorganization fails, the company will face the risk of being declared bankrupt. If the company is declared bankrupt, according to the relevant provisions of the Shenzhen Stock Exchange's GEM Listing Rules, the company's stock will face the risk of being delisted. Investors are advised to pay attention to investment risks.
To assist creditors in smoothly declaring their claims, the company and all members of the board guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.