ST Changfang: Creditors' application for out-of-court restructuring related applications has been accepted.

ST Changfang announcement, the company recently received the "Acceptance Notice of Futian Enterprise Restructuring Service Center Project" from the restructuring center, and learned that the applicant has submitted complete materials regarding the company's restructuring project, and the content meets the acceptance conditions stipulated in the "Futian Enterprise Restructuring Service Center Working Procedures". After consulting the company's opinion and the company stated no objection, the restructuring center decided to accept it.