Minkave(SZ:300506) Zheng Quan Shi Bao Wang·2025-09-29 11:07Core Viewpoint - ST Mingjiahui has received a court ruling for restructuring due to financial difficulties, which may lead to bankruptcy and delisting risks [1] Group 1: Court Ruling and Restructuring - The Guangdong Provincial High Court has accepted the restructuring application from Zhongshan Guyue Lighting Manufacturing Co., Ltd. against ST Mingjiahui [1] - The acceptance of the restructuring application indicates that the company has encountered issues that violate the regulations of the Shenzhen Stock Exchange [1] Group 2: Stock Market Implications - Following the court's ruling, ST Mingjiahui's stock will be subject to delisting risk warnings, and its stock name will change to "*ST Mingjia" [1] - The company's stock will be suspended for one day starting from September 30, 2025, and will resume trading on October 9, 2025 [1] Group 3: Bankruptcy Risks - There remains a risk that the company could be declared bankrupt if the restructuring fails [1] - If bankruptcy is declared, the company's stock may face termination of listing [1]