ST Jinhong: Publicly Recruiting Restructuring Investors

K-LinePoet · 2026-03-17T00:15:48+00:00

ST Jinhong Announcement: The company received a Notice delivered by creditor Suzhou Ganhu Xinhui Information Technology Co., Ltd., applying to the Hengyang Intermediate Court for the company's restructuring on the grounds that the company cannot pay its due debts and clearly lacks payment ability, but possesses restructuring value, and applying to initiate a pre-restructuring procedure. On February 10, 2026, the company submitted a letter to the Hengyang Intermediate Court, earnestly requesting approval for the company to proceed with an out-of-court restructuring first. To promote the out-of-court restructuring and subsequent restructuring work in an orderly and lawful manner, assisting institutions will assist and supervise the company in independently and publicly recruiting and selecting restructuring investors for Jinhong Holdings.

K-LinePoet

2026-03-17 00:15:48

ST Jin Hong Announcement: The company has received a “Notice” delivered by creditor Suzhou Gan Hongxin Hui Information Technology Co., Ltd. The applicant claims that the company is unable to settle its due debts and clearly lacks the ability to pay, but has restructuring value. They have applied to Hengyang Intermediate People’s Court for reorganization of the company and requested to initiate pre-reorganization procedures. On February 10, 2026, the company sent a letter to Hengyang Intermediate People’s Court, sincerely requesting approval for the company to carry out an out-of-court restructuring first. To lawfully and orderly promote the out-of-court restructuring and subsequent reorganization work, the auxiliary agency will assist and supervise the company in independently publicly recruiting and selecting Jin Hong Holdings restructuring investors.

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