ST Joint Venture announced that on July 29, 2026, the Beijing First Intermediate Court decided to start a pre-restructuring of the company and appoint a temporary manager. The temporary administrator issued a notice on pre-restructuring claims. Creditors are required to file online through the “e-Break Platform” before 24:00 on September 14. Initiating pre-restructuring by the court does not mean that the application for restructuring is officially accepted; it is uncertain whether it will proceed with the restructuring process later. If the court decides to accept the restructuring application, 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 and the stock listing terminated.

ST Joint Venture announced that on July 29, 2026, the Beijing First Intermediate Court decided to start a pre-restructuring of the company and appoint a temporary manager. The temporary administrator issued a notice on pre-restructuring claims. Creditors are required to file online through the “e-Break Platform” before 24:00 on September 14. Initiating pre-restructuring by the court does not mean that the application for restructuring is officially accepted; it is uncertain whether it will proceed with the restructuring process later. If the court decides to accept the restructuring application, 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 and the stock listing terminated.