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ST Dongshi announced that the company, as the defendant, was involved in a lawsuit involving the Beijing branch of the Bank of Dalian. The Beijing branch of the Bank of Dalian was entitled to preferential compensation for the company's 94% shares in Chongqing Oriental Fashion, 61.43% of Yunnan Oriental Fashion's shares, and 60% of Jingzhou Oriental Fashion's shares in the order of pledge registration. The amount involved was 115 million yuan, and the handling fee of 601,800 yuan was borne by the company. The case is still pending appeal, the judgment has not yet taken effect, and there is uncertainty about the impact on profits. As of the disclosure date, the company and its holding subsidiaries added 2 new lawsuits for 12 consecutive months, involving a principal amount of $115 million, accounting for 150.41% of the latest audited net assets. The company's pre-restructuring has not officially entered the restructuring process. If the court accepts the restructuring application, the stock will be subject to a delisting risk warning. v

Zhitongcaijing·09/02/2026 09:57:07
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ST Dongshi announced that the company, as the defendant, was involved in a lawsuit related to the Beijing branch of the Bank of Dalian. The Beijing branch of the Bank of Dalian was entitled to preferential compensation for the company's 94% shares in Chongqing Oriental Fashion, 61.43% of Yunnan Oriental Fashion's shares, and 60% of Jingzhou Oriental Fashion's shares in the order of pledge registration. The amount involved was 115 million yuan, and the handling fee of 601,800 yuan was borne by the company. The case is still pending appeal, the judgment has not yet taken effect, and there is uncertainty about the impact on profits. As of the disclosure date, the company and its holding subsidiaries added 2 new lawsuits for 12 consecutive months, involving a principal amount of $115 million, accounting for 150.41% of the latest audited net assets. The company's pre-restructuring has not officially entered the restructuring process. If the court accepts the restructuring application, the stock will be subject to a delisting risk warning. v