Core Viewpoint - ST炼石 has been granted a court ruling to accept its restructuring application, leading to a delisting risk warning for its stock, which will be suspended for one day [1][3]. Group 1: Court Ruling and Restructuring - On September 23, ST炼石 announced that the Chengdu Intermediate People's Court has accepted its restructuring application, resulting in a delisting risk warning as per the listing rules [1][3]. - The company will change its stock abbreviation from "ST炼石" to "*ST炼石" and will be suspended from trading on September 24, 2025, resuming on September 25, 2025 [1]. Group 2: Financial Situation - ST炼石 has significant overdue debts, with principal and interest payments due on January 2 and April 22, 2025, amounting to 0.77 billion and 9.48 billion respectively, indicating substantial default [3]. - The company is facing severe liquidity issues, with insufficient cash reserves and high debt levels, leading to continuous losses and difficulty in generating funds to repay debts [3][4]. Group 3: Restructuring Feasibility - The temporary administrator has developed preliminary plans regarding equity adjustments, debt classification, and the introduction of restructuring investors, indicating the feasibility of the restructuring [4]. - ST炼石 intends to manage its assets and operations under the supervision of the administrator during the restructuring process and will seek court approval to continue operations [4]. Group 4: Potential Outcomes - Successful restructuring could alleviate debt risks and improve the company's financial structure and operational status [5]. - Failure to complete the restructuring may result in bankruptcy and the termination of the company's stock listing [5].

Core Viewpoint - The company, Lian Stone Aviation Technology Co., Ltd., has received a court ruling to accept its restructuring application, which will lead to a risk warning for its stock trading due to potential delisting [2][5][18]. Group 1: Event Overview - On January 3 and January 21, 2025, the company held board meetings to approve the application for restructuring [3]. - The company submitted its restructuring application to the Chengdu Intermediate People's Court on May 9, 2025, with the case number (2025) Chuan 01 Po Shen 19 [4]. - The court decided to initiate the pre-restructuring process on June 6, 2025, and appointed Beijing King & Wood Mallesons (Chengdu) Law Firm as the temporary administrator [4][5]. Group 2: Court Ruling Details - On September 23, 2025, the Chengdu Intermediate People's Court ruled to accept the company's restructuring application and appointed a management team [5][9]. - The court found that the company had significant overdue debts, including 77 million yuan and 948 million yuan due on January 2 and April 22, 2025, respectively, indicating an inability to repay debts [6]. Group 3: Restructuring Value and Feasibility - Lian Stone Aviation is recognized as a notable company in the Sichuan aviation precision parts manufacturing industry, with strong technological attributes and significant industry value [7]. - The temporary administrator has developed preliminary plans for adjusting equity, classifying debts, and introducing restructuring investors, indicating the feasibility of the restructuring [7]. Group 4: Impact on Stock Trading - The company's stock will be subject to a delisting risk warning, changing its trading name from "ST Lian Stone" to "*ST Lian Stone," while the stock code remains "000697" [2][18]. - The stock trading will be suspended for one day on September 24, 2025, and will resume on September 25, 2025 [20]. Group 5: Debt Claim and Creditors' Meeting - Creditors are required to submit their claims by October 24, 2025, and the first creditors' meeting is scheduled for October 27, 2025 [28][32]. - Claims submitted during the pre-restructuring phase will remain valid and do not require re-submission during the restructuring phase [31].

Core Viewpoint - ST Lian Shi (000697) has been granted a court ruling to accept its restructuring application, leading to a delisting risk warning and a one-day trading suspension [1][3]. Group 1: Court Ruling and Restructuring - On September 23, ST Lian Shi announced that the Chengdu Intermediate People's Court has accepted its restructuring application, resulting in a delisting risk warning for its stock [1][3]. - The company will change its stock abbreviation from "ST Lian Shi" to "*ST Lian Shi" and will be suspended from trading for one day starting September 24, 2025, resuming on September 25, 2025 [1][3]. Group 2: Financial Situation - The company has significant overdue debts, with principal and interest payments of 77 million yuan and 948 million yuan due on January 2 and April 22, 2025, respectively, indicating substantial default [3][4]. - ST Lian Shi is facing severe liquidity issues, with insufficient cash reserves and high debt levels, leading to continuous losses and difficulty in generating funds through operations [3][4]. Group 3: Restructuring Feasibility - The temporary administrator has developed preliminary plans regarding equity adjustments, debt classification, and repayment schemes, and has signed pre-restructuring investment agreements with multiple investors, indicating the feasibility of the restructuring [4]. - The company intends to apply for self-management of its assets and operations during the restructuring period under the supervision of the administrator, aiming to continue operations [4]. Group 4: Potential Outcomes - Successful restructuring could alleviate debt risks and improve the company's financial structure and operational status [4]. - Failure to complete the restructuring may lead to bankruptcy and the risk of stock delisting [4].

Core Viewpoint - ST Lian Shi (000697) has been accepted for reorganization by the Chengdu Intermediate Court, leading to a delisting risk warning and a one-day suspension of trading [3][4]. Group 1: Reorganization Details - On September 23, 2025, ST Lian Shi announced that the Chengdu Intermediate Court accepted its reorganization application, resulting in a delisting risk warning as per the listing rules [4]. - The company's stock will change its abbreviation from "ST Lian Shi" to "*ST Lian Shi" and will be suspended from trading for one day starting September 24, 2025, resuming on September 25, 2025 [4]. Group 2: Financial Situation - The company has significant financial difficulties, with a severe shortage of cash and high debt levels, leading to continuous losses and an inability to repay debts [6][7]. - As of January 2 and April 22, 2025, ST Lian Shi is required to pay overdue debts of 77 million and 948 million respectively, which have already defaulted [6]. Group 3: Court's Perspective - The court recognizes ST Lian Shi as a well-known company in the aviation precision parts manufacturing industry in Sichuan, with strong technological attributes and significant industrial value [7]. - The reorganization process is seen as a means to resolve the debt crisis, restore operational capability, and promote the development of the aviation industry, benefiting creditors and small investors [7]. Group 4: Reorganization Plan - The interim manager has developed preliminary plans regarding equity adjustments, debt classification, and the introduction of reorganization investors, indicating the feasibility of the reorganization [7]. - ST Lian Shi plans to manage its assets and operations under the supervision of the interim manager during the reorganization period and will seek court approval to continue operations [7]. Group 5: Risks and Future Outlook - Successful reorganization and execution of the reorganization plan could alleviate debt risks and improve the company's financial structure and operational status [8]. - Failure to reorganize could lead to bankruptcy and the risk of stock delisting [8].

交易行情显示，9月23日，ST炼石收跌0.45%，收于8.8元/股，总市值76.83亿元。 公告显示，9月23日，ST炼石收到成都中院送达的（2025）川01破申19号《民事裁定书》，裁定受理公 司的重整申请。同日，公司收到成都中院送达的（2025）川01破13号《决定书》，成都中院指定北京金 杜（成都）律师事务所担任公司管理人。成都中院已裁定公司进入重整程序，但公司仍可能存在因重整 失败而被宣告破产的风险。根据规定，若公司重整失败而被宣告破产，公司股票将面临被终止上市的风 险。 北京商报讯(记者 马换换 实习记者 李佳雪)9月23日晚间，ST炼石（000697）披露公告称，因四川省成 都市中级人民法院（以下简称"成都中院"）依法裁定受理公司的重整申请，根据《深圳证券交易所股票 上市规则》的有关规定，公司股票交易将被实施退市风险警示。公司股票简称由"ST炼石"变为"*ST炼 石"，证券代码仍为"000697"，公司股票交易日涨跌幅限制仍为5%。根据规定，公司股票9月24日停牌 一天，自9月25日开市起复牌。 ...

Core Viewpoint - ST炼石 has received a civil ruling from the Chengdu Intermediate People's Court, accepting the company's restructuring application, which indicates significant financial distress and the initiation of a formal restructuring process [1] Group 1: Legal Proceedings - The Chengdu Intermediate People's Court has issued a civil ruling (2025川01破申19号) to accept the restructuring application of ST炼石 [1] - The court has appointed Beijing King & Wood Mallesons (Chengdu) Law Firm as the administrator for the company [1] Group 2: Stock Market Impact - Due to the court's ruling, ST炼石's stock will be subject to delisting risk warning, changing its trading name from "ST炼石" to "*ST炼石" while the stock code remains "000697" [1] - The trading limit for the company's stock will continue to be set at 5% [1] - The stock will be suspended from trading for one day starting September 24, 2025, and will resume trading on September 25, 2025 [1]

格隆汇9月23日｜ST炼石公告，因成都中院依法裁定受理公司的重整申请，公司股票交易将被实施退市 风险警示。公司股票简称由"ST炼石"变为"*ST炼石"，证券代码仍为"000697"，公司股票交易日涨跌幅 限制仍为5%。根据《上市规则》第9.4.9条的规定，公司股票将于2025年9月24日开市起停牌一天，自 2025年9月25日开市起复牌。成都中院已裁定公司进入重整程序，但公司仍可能存在因重整失败而被宣 告破产的风险。 ...

Core Viewpoint - ST炼石 has filed for reorganization, which has been accepted by the Chengdu Intermediate People's Court, leading to a change in its stock trading status [1] Group 1: Company Announcement - The Chengdu Intermediate People's Court has officially accepted the reorganization application of ST炼石 [1] - Beijing Jindu (Chengdu) Law Firm has been appointed as the administrator for the company [1] - Due to the court's ruling, the company's stock will be subject to delisting risk warning, changing its trading name from "ST炼石" to "*ST炼石" [1] Group 2: Stock Trading Impact - The company's stock will be suspended from trading for one day on September 24 and will resume trading on September 25 [1]

因成都中院依法裁定受理公司的重整申请，根据《深圳证券交易所股票上市规则》第9.4.1条第（九）项 的规定，公司股票交易将被实施退市风险警示。公司股票简称由"ST炼石"变为"*ST炼石"，证券代码仍 为"000697"，公司股票交易日涨跌幅限制仍为5%。根据《上市规则》第9.4.9条的规定，公司股票将于 2025年9月24日开市起停牌一天，自2025年9月25日开市起复牌。 格隆汇9月23日丨ST炼石(000697.SZ)公布，收到四川省成都市中级人民法院（简称"成都中院"）送达的 （2025）川01破申19号《民事裁定书》，裁定受理公司的重整申请。同日，公司收到成都中院送达的 （2025）川01破13号《决定书》，成都中院指定北京金杜（成都）律师事务所担任公司管理人。 ...

证券代码：000697 证券简称：ST 炼石 公告编号：2025-047 炼石航空科技股份有限公司 关于法院裁定受理公司重整并指定管理人暨公司股票交易 将被实施退市风险警示的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整， 没有虚假记载、误导性陈述或者重大遗漏。 特别提示： 1、2025年9月23日，炼石航空科技股份有限公司（以下简称"公司"或"炼 石航空"）收到四川省成都市中级人民法院（以下简称"成都中院"）送达的 （2025）川01破申19号《民事裁定书》，裁定受理公司的重整申请。同日，公司 收到成都中院送达的（2025）川01破13号《决定书》，成都中院指定北京金杜 （成都）律师事务所担任公司管理人。 2、因成都中院依法裁定受理公司的重整申请，根据《深圳证券交易所股票 上市规则》（以下简称"《上市规则》"）第9.4.1条第（九）项的规定，公司股 票交易将被实施退市风险警示。公司股票简称由"ST炼石"变为"*ST炼石"， 证券代码仍为"000697"，公司股票交易日涨跌幅限制仍为5%。根据《上市规 则》第9.4.9条的规定，公司股票将于2025年9月24日开市起停牌一天，自2025年9 月 ...