*ST Jinke announced that the company and its wholly-owned subsidiary Chongqing Jinke received the “Civil Ruling” served by the Fifth Intermediate People's Court of Chongqing. The court ruled to approve the “Jinke Stock Reorganization Plan” and the “Chongqing Jinke Reorganization Plan” and terminate the restructuring process. During the implementation phase of the restructuring plan, the company will optimize its balance and liability structure and restore continued profitability. If the restructuring fails, there is a risk that the company will go bankrupt, and the stock will face the risk of being delisted. In the restructuring investment agreement, industrial investors and financial investors have paid a total of 552 million yuan in performance guarantees for the second phase. The company's net assets at the end of the 2024 fiscal year were negative, and stocks have been subject to a delisting risk warning.

Zhitongcaijing · 05/26 12:33
*ST Jinke announced that the company and its wholly-owned subsidiary Chongqing Jinke received the “Civil Ruling” served by the Fifth Intermediate People's Court of Chongqing. The court ruled to approve the “Jinke Stock Reorganization Plan” and the “Chongqing Jinke Reorganization Plan” and terminated the restructuring process. During the implementation phase of the restructuring plan, the company will optimize its balance and liability structure and restore continued profitability. If the restructuring fails, there is a risk that the company will go bankrupt, and the stock will face the risk of being delisted. In the restructuring investment agreement, industrial investors and financial investors have paid a total of 552 million yuan in performance guarantees for the second phase. The company's net assets at the end of the 2024 fiscal year were negative, and stocks have been subject to a delisting risk warning.