Wangneng Environment: The court has ruled to accept the bankruptcy reorganization application of its subsidiary, Zhejiang Lixin.

Wangneng Environment announced that on August 3, 2026, the company received the "Civil Ruling" (Zhe 0521 Po Shen No. 36) delivered by the Deqing Court, which ruled to accept the bankruptcy reorganization application for Zhejiang Lixin New Materials Technology Co., Ltd. Previously, on November 2025, the company obtained a court ruling to accept the pre-reorganization application for Zhejiang Lixin, and this ruling represents a further development following the pre-reorganization process.