300477SZSE
🚨 Material Event

Announcement on Notice of Creditor Claims Filing for Company's Pre-Restructuring

ST United Co., Ltd.··4 pages

✨ AI Summary

The company has received a notice from a creditor applying for bankruptcy reorganization and pre-restructuring. The court has decided to initiate pre-restructuring and appoint a provisional administrator. Creditors are notified to file their claims online by September 14, 2026. The outcome of the restructuring is uncertain, with risks of delisting if unsuccessful.

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Full Translation

AI Translation· gemini_document

Securities Code: 300477

Securities Abbreviation: ST Hezong

Announcement Number: 2026-049

Hezong Technology Co., Ltd.

Announcement on Notice of Creditor Claims Filing for Company's Pre-Restructuring

The company and the board of directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or material omissions.

Key Information Prompt:

  1. On July 24, 2026, Hezong Technology Co., Ltd. (hereinafter referred to as "the Company" or "Hezong Technology") received a "Notice of Application for Bankruptcy Reorganization and Pre-Restructuring of Hezong Technology Co., Ltd." (hereinafter referred to as "Jiangsu Weituo Power" or "Applicant") from creditor Jiangsu Weituo Power Engineering Technology Co., Ltd. The applicant applied to the Beijing First Intermediate People's Court (hereinafter referred to as "Beijing First Intermediate Court" or "the Court") for the company's reorganization and pre-restructuring on the grounds that the company is unable to repay its due debts and clearly lacks solvency but possesses reorganization value. On the same day, the company received a "Notice" from the Beijing First Intermediate Court, informing the company that Jiangsu Weituo Power had applied to the court for reorganization and pre-restructuring in the name of a creditor. Please refer to the "Notice of Application for Reorganization and Pre-Restructuring of the Company by Creditor" (Announcement Number: 2026-041) disclosed by the company on the Juchao Information Network on July 24, 2026.

  2. On July 29, 2026, the company received the "Decision" (2026) Jing 01 Po Shen 782 and the "Decision" (2026) Jing 01 Po Shen 782-1 from the Beijing First Intermediate Court, deciding to initiate pre-restructuring for the company and appointing the liquidation team of Hezong Technology Co., Ltd. as the provisional administrator during the pre-restructuring period. Please refer to the "Announcement on the Court's Decision to Initiate Pre-Restructuring for the Company and Appoint a Provisional Administrator" (Announcement Number: 2026-045) disclosed by the company on the Juchao Information Network on July 29, 2026.

  3. The court's decision to initiate pre-restructuring for the company does not mean that the applicant's reorganization application has been formally accepted. It is uncertain whether the company will enter the restructuring procedure subsequently. Regardless of whether the company enters the restructuring procedure, the company will actively manage its daily production and operations on the existing basis. If the company receives documents from the court accepting the reorganization application, the company will promptly fulfill its information disclosure obligations.

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