Wangneng Environment (002034.SZ) subsidiary Zhejiang Lixin's reorganization plan approved by court ruling

Wangneng Environment (002034.SZ) announced that on September 18, 2026, the company received a "Civil Ruling" ((2026) Zhe 0521 Po No. 26) served by the Deqing Court, ruling to approve the reorganization plan of Zhejiang Lixin New Material Technology Co., Ltd. (referred to as "Zhejiang Lixin") and terminate the reorganization proceedings of Zhejiang Lixin. After the Deqing Court ruled to approve the reorganization plan, Zhejiang Lixin entered the execution phase of the reorganization plan. If Zhejiang Lixin's reorganization plan is successfully executed, it will resolve its debt crisis and is expected to have an impact on the company's 2026 financial data.