Core Viewpoint - Zhengbang Technology (002157) announced on October 15 that as of September 19, 2025, the total number of shareholders is expected to reach 158,400 [1] Summary by Category - **Company Information** - Zhengbang Technology's total number of shareholders is projected to be 158,400 by September 19, 2025 [1]

Core Points - Jiangxi Zhengbang Technology (002157.SZ) announced that its subsidiary, Liaoning Chaoyang Zhengbang Ecological Agriculture Co., Ltd., has received court approval for its restructuring plan, officially entering the execution phase of the plan [1][2] - The net assets of Chaoyang Zhengbang decreased from -128 million yuan at the end of 2024 to -151 million yuan by mid-2025, with revenue in the first half of 2025 being only 40 yuan and a net loss of approximately 23.25 million yuan [1][2] - On the same day the restructuring plan was approved, Zhengbang Technology disclosed an additional 844 million yuan in litigation and arbitration cases, adding uncertainty to its operations for 2025 [1][4] Restructuring Process - The restructuring process for Chaoyang Zhengbang began in July 2025, initiated by a pre-restructuring application from creditor Zhang Xiuchun, citing the company's inability to repay debts and lack of repayment capacity [3] - The court approved the restructuring application on September 4, 2025, and appointed a law firm to manage the restructuring [3] - A creditors' meeting held on October 10, 2025, successfully passed the draft restructuring plan and related documents [3] Litigation and Arbitration - Zhengbang Technology reported a total of approximately 844 million yuan in new litigation and arbitration cases as of September 30, 2025, with the company acting as both plaintiff and defendant [4][5] - Among the new cases, two significant disputes include a 145 million yuan equity dispute and a 126 million yuan contract dispute, with the remaining cases contributing to the total litigation amount [5]

Core Viewpoint - Jiangxi Zhengbang Technology (002157.SZ) announced that its subsidiary, Liaoning Chaoyang Zhengbang Ecological Agriculture Co., Ltd., has received court approval for its restructuring plan, officially entering the execution phase of the plan, which aims to resolve its debt crisis [1][2] Group 1: Restructuring Plan - The restructuring plan for Chaoyang Zhengbang was approved by the Chaoyang Intermediate People's Court, which found the plan's content complete and the voting procedures legal, in accordance with the relevant provisions of the Bankruptcy Law of the People's Republic of China [2][3] - The restructuring process for Chaoyang Zhengbang began in July 2025, initiated by a pre-restructuring application from a creditor, indicating that the company was unable to repay its debts but had high restructuring value [3] - The first creditors' meeting on October 10, 2025, successfully passed the draft restructuring plan and related documents, indicating a positive outlook for the execution of the plan [3] Group 2: Financial Impact and Legal Issues - Chaoyang Zhengbang's net assets decreased from -128 million yuan at the end of 2024 to -151 million yuan by mid-2025, with revenue of only 40 yuan and a net loss of approximately 23.25 million yuan in the first half of 2025 [1] - On the same day the restructuring plan was approved, Zhengbang Technology disclosed that it had accumulated new litigation and arbitration cases amounting to approximately 844 million yuan, adding uncertainty to its operations for 2025 [4] - Among the new lawsuits, the company acted as both plaintiff and defendant, with the amounts being relatively balanced; approximately 446 million yuan (52.84%) involved the company as a plaintiff, while about 398 million yuan (47.16%) involved it as a defendant [4]

Core Points - Jiangxi Pig King Zhengbang Technology (002157.SZ) announced that its subsidiary Liaoning Chaoyang Zhengbang Ecological Agriculture Co., Ltd. has had its restructuring plan approved by the Chaoyang Intermediate People's Court, officially terminating the restructuring process and entering the execution phase of the plan [1][3] Financial Performance - Chaoyang Zhengbang's net assets decreased from -128 million yuan at the end of 2024 to -151 million yuan by the end of June 2025, with revenue in the first half of 2025 being only 40 yuan and a net loss of 23.2483 million yuan [2] - The restructuring is expected to impact Zhengbang Technology's financial data for 2025, although the company has indicated that the execution of the plan may not be guaranteed [3][5] Legal Issues - As of September 30, 2025, Zhengbang Technology and its subsidiaries have accumulated new litigation and arbitration cases amounting to approximately 844 million yuan, adding uncertainty to the company's operations for 2025 [2][6] - The new lawsuits include a significant equity dispute involving Jiangsu Zhengjie Ecological Agriculture Co., Ltd. with a claim of 145 million yuan and a contract dispute with Jiangxi Hairongchuan Agricultural Development Co., Ltd. amounting to approximately 126 million yuan [6]

Core Viewpoint - Zhengbang Technology's subsidiary, Chaoyang Zhengbang Ecological Agriculture Co., Ltd., has received court approval for its restructuring plan, marking the transition to the execution phase of the plan, which aims to resolve its debt crisis and potentially impact the company's financial data for 2025 [1][2][3] Group 1: Restructuring Plan - The Chaoyang Zhengbang restructuring plan was approved by the Chaoyang Intermediate People's Court, allowing the company to officially enter the execution phase of the plan [2][3] - The restructuring process began in July 2025, initiated by a creditor's pre-restructuring application due to the company's inability to repay debts and lack of repayment capacity [2][3] - If the restructuring plan is successfully executed, it is expected to alleviate the company's debt issues, although there are risks if the plan is not followed through [2][3] Group 2: Financial Performance and Litigation - As of June 30, 2025, Chaoyang Zhengbang's net assets are projected to decline from -128 million yuan at the end of 2024 to -151 million yuan, with revenue for the first half of 2025 reported at only 40 yuan and a net loss of approximately 23.25 million yuan [1] - Zhengbang Technology has reported an increase in litigation cases, with a total of approximately 844 million yuan involved in new lawsuits and arbitration matters as of September 30, 2025 [1][3][4] - The new litigation includes significant cases such as a 145 million yuan equity dispute and a 126 million yuan contract dispute, indicating a balanced involvement as both plaintiff and defendant [4][5]

Group 1 - The core point of the news is that Jiangxi Zhengbang Technology Co., Ltd.'s subsidiary, Liaoning Chaoyang Zhengbang Ecological Agriculture Co., Ltd., has received court approval for its restructuring plan, which is a significant step in addressing its debt crisis [1][4][7] Group 2 - On July 25, 2025, the subsidiary received a court decision to accept a pre-restructuring application from creditor Zhang Xiuchun [1] - On September 4, 2025, the court accepted the restructuring application and appointed a management firm to oversee the process [2] - The first creditors' meeting was held on October 10, 2025, where the restructuring plan was approved by all creditor groups [3][5] - The court officially approved the restructuring plan on October 14, 2025, allowing the subsidiary to enter the execution phase of the plan [4][6] Group 3 - The approval of the restructuring plan is expected to alleviate the subsidiary's debt crisis, potentially impacting the company's financial data for the year 2025 [7]

Core Points - The restructuring plan of Liaoning Chaoyang Zhengbang Ecological Agriculture Co., Ltd. has been approved by the Intermediate People's Court of Chaoyang City, Liaoning Province, marking the official entry into the execution phase of the restructuring plan [1] - The approval follows the court's acceptance of the restructuring application on September 4, 2025, indicating a significant step towards resolving the company's debt crisis [1] - Successful execution of the restructuring plan is expected to impact Zhengbang Technology's financial data for the year 2025 [1] - The company will actively protect shareholder rights and continue to disclose the progress of the bankruptcy restructuring [1]

证券代码：002157 证券简称：正邦科技 公告编号：2025-064 江西正邦科技股份有限公司 关于累计新增诉讼、仲裁及仲裁进展的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 根据《深圳证券交易所股票上市规则》有关规定，江西正邦科技股份有限公司（以 下简称"公司"）对公司及控股子公司累计诉讼、仲裁事项进行了统计，现将有关 情况公告如下： 一、前期已披露的累计诉讼、仲裁事项的基本情况 截至 2023 年 4 月29 日，公司及控股子公司累计涉及诉讼、仲裁事项的相关金额 合计人民币 699,939.06 万元，其中，公司及控股子公司作为原告涉及的诉讼金额 为人民币 87,069.92 万元；公司及控股子公司作为被告或共同被告涉及的诉讼、 仲裁事项合计金额为人民币 612,869.14 万元。具体内容详见公司于 2023 年 4 月 29 日披露的《关于累计诉讼、仲裁情况的公告》（公告编号：2023-058）。 书限定期间内预交案件受理费，本案按原告马先锋撤回起诉处理。 公司于2024 年 2 月29 日披露了《关于仲裁事项暨担保进展的公告》（公告编号： ...

证券代码：002157 证券简称：正邦科技 公告编号：2025—065 江西正邦科技股份有限公司 关于下属子公司重整计划获得法院裁定批准的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 《关于法院裁定受理下属子公司重整及指定管理人的公告》（公告编号： 2025-053）。 2025 年 9 月 5 日，管理人发布《辽宁朝阳正邦生态农业有限公司重整案债 权申报通知》（（2025）朝阳正邦破管函字第 1 号），通知债权人于 2025 年 10 月 8 日 17:00 时前向管理人进行债权申报，并于 2025 年 10 月 10 日上午 9 时 00 分召开第一次债权人会议。具体内容详见公司于 2025 年 9 月 9 日在指定信息披 露媒体上发布的《关于下属子公司重整启动债权申报及召开第一次债权人会议的 公告》（公告编号：2025-054）。 2025 年 9 月 23 日，朝阳正邦收到朝阳中院出具的《决定书》，准许朝阳正 邦在管理人的监督下自行管理财产和营业事务。具体内容详见公司于 2025 年 9 月 25 日在指定信息披露媒体上发布的《关于法院准许下属 ...

Core Viewpoint - Jiangxi Zhengbang Technology Co., Ltd. is undergoing a restructuring process for its subsidiary, Liaoning Chaoyang Zhengbang Ecological Agriculture Co., Ltd., due to its inability to repay debts and lack of solvency, but it is believed to have high restructuring value [1][2]. Group 1: Restructuring Process - On July 25, 2025, the court accepted a pre-restructuring application for Chaoyang Zhengbang, initiated by creditor Zhang Xiuchun, citing the company's inability to repay debts and potential for operational recovery [1]. - On September 4, 2025, the court officially accepted the restructuring application and appointed Beijing Qinglv (Shanghai) Law Firm as the restructuring manager [2]. - A notice for creditors to declare their claims was issued on September 5, 2025, with the first creditors' meeting scheduled for October 10, 2025 [3]. Group 2: Creditors' Meeting Outcomes - The first creditors' meeting on October 10, 2025, had 30 participating creditors, representing 96.77% of the total creditor count [4]. - The restructuring plan draft was approved by all creditor groups: - Priority creditor group: 66.67% of participating creditors approved, representing 76.98% of the total debt amount [4][5]. - Employee creditor group: 100% approval from the single participating creditor [5]. - Ordinary creditor group: 83.33% approval from participating creditors, representing 99.08% of the total debt amount [5][6]. - Investor group: 100% approval from the single participating investor [6]. - The property management plan and the proposal for non-site meetings were also approved by the creditors, with significant majorities in favor [8][9].