ST Dongshi announced that the “Dongshi Convertible Bonds” expired on April 8, 2026, and the company was unable to pay principal and interest on time, which constituted a breach of contract. The company's net profit deducted from 2023 to 2025 was -373 million yuan, -608 million yuan, and -680 million yuan, respectively, and net profit deducted from January to September 2026 was -121 million yuan; as of September 30, 2026, the equity to parent owners was -140 million yuan, and there is significant uncertainty about its ability to continue operating. The company is in the pre-restructuring stage, and it is uncertain whether it can enter the restructuring process; it has been punished by the Beijing Securities Regulatory Bureau for credit disclosure violations; the subsidiary Jinzhongfang has to pay additional taxes, late fees, and fines of 15,600 yuan due to tax violations; the company's shares have been compounded to carry out other risk warnings, and other matters such as lawsuits and fund-raising account funds have been judicially deducted.

ST Dongshi announced that the “Dongshi Convertible Bonds” expired on April 8, 2026, and the company was unable to pay principal and interest on time, which constituted a breach of contract. The company's net profit deducted from 2023 to 2025 was -373 million yuan, -608 million yuan, and -680 million yuan, respectively, and net profit deducted from January to September 2026 was -121 million yuan; as of September 30, 2026, the equity to parent owners was -140 million yuan, and there is significant uncertainty about its ability to continue operating. The company is in the pre-restructuring stage, and it is uncertain whether it can enter the restructuring process; it has been punished by the Beijing Securities Regulatory Bureau for credit disclosure violations; the subsidiary Jinzhongfang has to pay additional taxes, late fees, and fines of 15,600 yuan due to tax violations; the company's shares have been compounded to carry out other risk warnings, and other matters such as lawsuits and fund-raising account funds have been judicially deducted.