Gansu Yatai Industrial Development (000691.SZ): The court ruled to accept the company's reorganization.

date
21:26 26/11/2025
avatar
GMT Eight
ST Asia Pacific (000691.SZ) announced that the company has received a civil ruling document and a decision document from the Lanzhou Intermediate People's Court, both numbered as (2025) Gan 01 Po Shen 5 and (2025) Gan 01 Po 5, respectively. The Lanzhou Intermediate People's Court has legally accepted the reorganization application filed by Guangzhou Wanshun against the company, and has appointed the liquidation team of Gansu Asia Pacific Industrial Development Co., Ltd. as the administrator of the company, with Jin Fang as the person in charge. Due to the Lanzhou Intermediate People's Court's acceptance of the applicant's reorganization application against the company, in accordance with Article 9.4.1 of the Shenzhen Stock Exchange's Stock Listing Rules, the trading of the company's stock will be subject to an additional "delisting risk warning" from the market opening on November 27, 2025. This additional implementation of the delisting risk warning does not require a trading suspension.
Gansu Yatai Industrial Development (000691.SZ) announced that the company has received a Civil Decision and a Determination issued by the Lanzhou Intermediate People's Court (2025) Gan 01 Po Shen 5 and (2025) Gan 01 Po 5 respectively. The Lanzhou Intermediate People's Court has accepted the reorganization application filed by Guangzhou Wanshun against the company in accordance with the law, and has appointed the liquidation team of Gansu Yatai Industrial Development Co., Ltd. as the administrator of the company, with Jin Fang as the person in charge. Due to the Lanzhou Intermediate People's Court accepting the applicant's reorganization application against the company in accordance with the law, in accordance with Article 9.4.1 of the Shenzhen Stock Exchange Rules for Listing of Stocks, the trading of the company's shares will be subject to the implementation of a "delisting risk warning" starting from the market opening on November 27, 2025. This delisting risk warning implementation does not require a trading halt.