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*ST Weihai announced that the creditors applied to the court to pre-restructure the company because the company was unable to pay its maturing debts and clearly lacked solvency. As of October 8, 2026, the work related to the company's pre-restructuring is in progress, and it has not yet entered the formal restructuring process. If the pre-restructuring is successful, the company will apply to the court for formal restructuring. After the formal restructuring is accepted by the court, the company's shares will be subject to a delisting risk warning; if the restructuring fails, there is a risk that the company will be declared bankrupt. Trading of the company's shares has been suspended since the opening of the market on September 28, 2026, and is expected to be suspended for no more than 2 trading days.

Zhitongcaijing·11/09/2026 11:41:24
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*ST Weihai announced that the creditors applied to the court to pre-restructure the company because the company was unable to pay its maturing debts and clearly lacked solvency. As of October 8, 2026, the work related to the company's pre-restructuring is in progress, and it has not yet entered the formal restructuring process. If the pre-restructuring is successful, the company will apply to the court for formal restructuring. After the formal restructuring is accepted by the court, the company's shares will be subject to a delisting risk warning; if the restructuring fails, there is a risk that the company will be declared bankrupt. Trading of the company's shares has been suspended since the opening of the market on September 28, 2026, and is expected to be suspended for no more than 2 trading days.