Meik Home: Uncertainty of whether the application for reorganization and pre-reorganization by creditors can be accepted.

date
08/04/2026
Mico Home announced that on April 8th, they received a notice from the creditor Wuxi Kuile Business Management Co., Ltd., stating that the company is unable to settle its due debts and lacks clear solvency, but has restructuring value. They have applied to the Urumqi Intermediate People's Court to reorganize the company and initiate a pre-reorganization program. As of the disclosure date of the announcement, the company has not received the court's acceptance documents, and the possibility of acceptance and the specific timing are uncertain. Upon self-examination, the company does not have any major violations that could lead to the termination of stock listing. If the court rules to accept the restructuring application, the company's stock will be subject to delisting risk warning; if the restructuring fails, the company's stock will face the risk of delisting.