ST NZBC: The pre-restructuring period has been extended to November 28, 2025

ST NZBC announced that the company received a decision document from the Shizuishan Intermediate People's Court on August 29, 2025, agreeing to extend the company's pre-restructuring period by three months, until November 28, 2025. Previously, the company and its subsidiary Zhongke New Materials, Hengli International Trade were both in pre-restructuring or restructuring procedures, and there is uncertainty regarding the success of the restructuring. The company remains the controlling shareholder of Zhongke New Materials and holds voting rights and certain decision-making powers over its subsequent restructuring process and the draft restructuring plan