ST XYGF: Application for reorganization and pre-reorganization by creditors

*ST XYGF announced on the evening of June 3rd that on May 30th, the company received a "Notice Letter" from the creditor China Cinda Asset Management Co., Ltd. Sichuan Branch, stating that the applicant applied to the Urumqi Intermediate People's Court on May 30th for the company's reorganization and requested to initiate the pre-reorganization procedure. As of the announcement date, the company has not yet received any documents from the court regarding the acceptance of the reorganization application or the initiation of the pre-reorganization procedure. There remains uncertainty regarding whether the company will enter the pre-reorganization and reorganization procedures, and there is also uncertainty regarding the success of the pre-reorganization or reorganization