ST Changfang: Creditors apply for company restructuring

K-LinePoet · 2026-04-09T06:43:36+00:00

ST Changfang announces that the company has received a notice from the creditor Shenzhen Yikuang Trading Co., Ltd., informing that the applicant has applied to the Shenzhen Intermediate People's Court on March 27, 2026, for restructuring the company on the grounds that the company is unable to settle its due debts and clearly lacks the ability to pay, but has restructuring value. The applicant also applied to initiate a pre-restructuring procedure.

K-LinePoet

2026-04-09 06:43:36

ST Changfang announcement. The company has received a notice from creditor Shenzhen Yi Kuang Trading Co., Ltd., informing it that the applicant, on the grounds that the company is unable to repay due debts and clearly lacks the ability to repay, but has reorganization value, applied on March 27, 2026 to the Shenzhen Intermediate People’s Court for the company’s reorganization, and also applied to initiate a pre-reorganization procedure.

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