ST Jin Hong: Commence the reorganization of debts outside of court, multiple risks need to be observed.

ST Jin Hong announced that on February 24, 2026, the Hengyang Intermediate People's Court approved the company's liquidation team to assist in pre-restructuring outside the court. Creditors should declare their claims online by March 26. If the court approves the restructuring in the future, the declaration of creditors for outside-court restructuring will remain valid. It should be noted that the court's approval of restructuring outside the court does not mean acceptance of the restructuring. The pre-tax net profit for the company in 2025 is expected to be negative. After the annual report is disclosed, there may continue to be other risk warnings. If the restructuring fails, the company faces the risk of bankruptcy and delisting of stocks.