Company Status - The company has been accepted for restructuring by the court, with the Jiangsu Zhongli Group Co, Ltd liquidation group appointed as the administrator [1] - The company faces the risk of being declared bankrupt by the court if the restructuring fails, which could lead to the termination of its stock listing [1] - The company, its controlling shareholder Wang Baixing, and Jiangsu Zhongli Holding Group Co, Ltd received a rectification order from the Jiangsu Securities Regulatory Bureau on May 10, 2024, which expired on November 10 without completing all the required capital occupation recovery work [1] Stock Trading - The company's stock will be suspended from trading starting November 11, with the suspension period not exceeding two months [1] Restructuring Efforts - During the suspension period, the company will continue to actively promote various restructuring tasks and aims to complete the capital occupation rectification within the bankruptcy restructuring process [1]
*ST中利:拟在破产重整程序中完成资金占用整改 股票明起停牌