301030SZSE
🚨 Material Event

Announcement on Creditor Claims Filing During Company's Pre-Restructuring Period

*ST Shijing Co., Ltd.··14 pages

✨ AI Summary

Suzhou Shijing Technology Co., Ltd. has received a court decision to initiate pre-restructuring proceedings. Creditors are notified to file their claims within 30 days via an online platform. Failure to file may result in claims being handled under bankruptcy law. The company's stock may face delisting risk warnings if restructuring is formally accepted.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· gemini_document

Securities Code: 301030 Securities Abbreviation: *ST Shijing Announcement No.: 2026-041 Suzhou Shijing Technology Co., Ltd. Announcement on Creditor Claims Filing During Company's Pre-Restructuring Period

The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false records, misleading statements, or material omissions.

Special Notice:

  1. On June 5, 2026, Suzhou Shijing Technology Co., Ltd. (hereinafter referred to as the "Company") received the "Decision" [(2026) Su 05 Po Shen 18] from the Intermediate People's Court of Suzhou City, Jiangsu Province (hereinafter referred to as the "Suzhou Intermediate Court" or the "Court"). The Suzhou Intermediate Court decided to initiate pre-restructuring proceedings for the Company and issued the "Decision" [(2026) Su 05 Po Shen 18-1], appointing the liquidation team of Suzhou Shijing Technology Co., Ltd. as the temporary administrator of the Company. For details, please refer to the "Announcement on the Court's Decision to Initiate Pre-Restructuring Proceedings for the Company and Appoint a Temporary Administrator" (Announcement No.: 2026-040) disclosed by the Company on June 5, 2026.
  2. The Suzhou Intermediate Court's decision to initiate pre-restructuring proceedings for the Company does not signify formal acceptance of the Company's restructuring by the court. The pre-restructuring procedure is intended to identify the Company's restructuring value and possibilities, and to improve the efficiency of subsequent restructuring work. As of the date of this announcement, it is uncertain whether the Company will be formally accepted for restructuring by the court or whether it will enter restructuring proceedings thereafter.
  3. In accordance with the relevant provisions of the "GEM Listing Rules," if the court rules to accept the Company's restructuring, the Shenzhen Stock Exchange will impose a delisting risk warning on the Company's stock.
  4. If the court formally accepts the Company's restructuring and the restructuring is successfully completed, it will help resolve the Company's debt risks, optimize the Company's asset-liability structure, and enhance the Company's continuous operation 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 "GEM Listing Rules," the Company's stock will face the risk of termination of listing.

The temporary administrator hereby issues a notice regarding the filing of creditor claims during the Company's pre-restructuring period. The relevant content of the creditor claims filing notice is as follows:

I. Time and Method of Creditor Claims Filing

Creditors of the Company should file their claims with the temporary administrator within 30 days from the date of this announcement (deadline is July 9, 2026, inclusive), in accordance with the "Suzhou Shijing Technology Co., Ltd. Pre-Restructuring Creditor Claims Filing Guide" (hereinafter referred to as the "Creditor Claims Filing Guide"), stating the amount and nature of the claim, whether there is any property guarantee or joint and several liability, and providing relevant supporting documents. Filing a claim is a prerequisite for creditors to exercise their rights in the pre-restructuring proceedings. Creditors who fail to file their claims within the aforementioned period will be handled in accordance with the relevant provisions of the "Enterprise Bankruptcy Law" during the pre-restructuring period, and any adverse consequences will be borne by the creditors themselves.

The current creditor claims filing will be conducted through an online creditor claims filing platform. Paper-based filing materials will not be accepted. Creditors should file their claims online through "Po Li Zi" (破栗子). On-site reception points will not be used as creditor claims filing locations, and creditors do not need to go to the temporary administrator's contact address for on-site filing or mailing of claim materials.

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.