LAT: The court has decided to initiate a pre-restructuring for the company
ST LAT announced that the company received a court decision to initiate pre-restructuring on June 6, 2025, and appointed Beijing King & Wood Mallesons (Chengdu) as the interim manager. If the restructuring application is accepted, the Shenzhen Stock Exchange will implement delisting risk warnings for the company's stock trading
According to the Zhitong Finance APP, ST LAT (000697.SZ) announced that on June 6, 2025, it received the "Decision" (2025) Chuan 01 Po Shen 19 and (2025) Chuan 01 Po Shen 19-1 delivered by the Intermediate People's Court of Chengdu, Sichuan Province. The Chengdu Intermediate Court decided to initiate a pre-restructuring for the company and appointed Beijing Jin Du (Chengdu) Law Firm as the temporary administrator during the pre-restructuring period. If the court rules to accept the company's restructuring application, the Shenzhen Stock Exchange will implement a delisting risk warning for the company's stock trading
