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*ST Xifa announced that the Lhasa Intermediate Court ruled on April 24, 2026 to accept the restructuring application from creditors. Since the draft restructuring plan involves adjustments to investors' rights and interests, the manager is scheduled to hold a funder group meeting through on-site and online voting on September 28, 2026 to review and vote on the “Funders' Rights and Interests Adjustment Plan for the Reorganization Plan”. The share registration date is September 21, 2026. The holding stock Xizang Shengbang Holdings Co., Ltd. will avoid voting due to a relationship with the restructuring investors. The matter must be passed by at least two-thirds of the voting rights held by the funders attending the meeting. If the company fails to restructure and is declared bankrupt, the stock will face the risk of terminating its listing.

Zhitongcaijing·09/11/2026 13:17:22
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*ST Xifa announced that the Lhasa Intermediate Court ruled on April 24, 2026 to accept the restructuring application from creditors. Since the draft restructuring plan involves adjustments to investors' rights and interests, the manager is scheduled to hold a funder group meeting through on-site and online voting on September 28, 2026 to review and vote on the “Funders' Rights and Interests Adjustment Plan for the Reorganization Plan”. The share registration date is September 21, 2026. The holding stock Xizang Shengbang Holdings Co., Ltd. will avoid voting due to a relationship with the restructuring investors. The matter must be passed by at least two-thirds of the voting rights held by the funders attending the meeting. If the company fails to restructure and is declared bankrupt, the stock will face the risk of terminating its listing.