Bangjie Corporation: Creditors apply for pre-reorganization of the company.

date
05/12/2025
Announcement from Bangjie Limited, on December 5, 2025, the company received a "Notice Letter" from the creditor Suzhou Huaxiuhu Zhuguang Enterprise Management Partnership Enterprise, stating that the company is unable to repay its overdue debts and its assets are not sufficient to repay all debts, but it has reorganization value. Therefore, Huaxiuhu Zhuguang has submitted materials to the Intermediate People's Court of Jinhua City, Zhejiang Province, to apply for pre-reorganization of the company. As of the date of this announcement, the company has not received the court's acceptance of the pre-reorganization application. There is significant uncertainty as to whether the applicant's pre-reorganization application will be accepted by the court and whether the company will enter into pre-reorganization or reorganization procedures in the future.