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ST东时: 关于被债权人申请重整及预重整的进展公告

Core Viewpoint - The company, Oriental Fashion Driving School Co., Ltd., is undergoing a pre-restructuring process initiated by the Beijing First Intermediate People's Court due to financial difficulties and potential bankruptcy risks [1][4]. Group 1: Restructuring Process - The court's agreement to the pre-restructuring does not guarantee that the company will officially enter the restructuring process, as it depends on resolving issues related to fund occupation and guarantees by major shareholders [2][4]. - The company has been ordered to rectify non-operational fund occupation amounting to approximately 387 million yuan (about 58.5 million USD) by its controlling shareholder and related parties [3][7]. - If the company fails to rectify these issues within the specified timeframe, its stock and convertible bonds will face trading suspension and potential delisting risks [3][4]. Group 2: Financial Obligations and Management - The company is actively cooperating with the temporary management team appointed for the pre-restructuring period and is required to fulfill its legal obligations as a debtor [2][6]. - A notice has been issued to creditors for debt claims, with a deadline set for August 12, 2025, and the management is also seeking potential restructuring investors [5][6]. - The company has received a notice from the China Securities Regulatory Commission regarding an investigation into potential information disclosure violations, which adds to the uncertainty surrounding its financial status [7][8].