Zhejiang Lixin's restructuring plan, a subsidiary of Wangneng Environmental (002034.SZ), was approved by a court ruling

Zhitong Finance App News, Wangneng Environment (002034.SZ) issued an announcement. On September 18, 2026, the company received the “Civil Ruling” (2026) Zhejiang 0521 broken 26 from the Deqing court, ruling to approve the Zhejiang Lixin New Material Technology Co., Ltd. (“Zhejiang Lixin”) restructuring plan and terminate Zhejiang Lixin's restructuring process.

After the Deqing court ruled to approve the restructuring plan, Zhejiang Lixin entered the execution stage of the restructuring plan. If Zhejiang Lixin's restructuring plan is successfully implemented, it will resolve its debt crisis and is expected to have an impact on the company's 2026 financial data.