banbao(SH:603398) Xin Lang Cai Jing·2025-11-14 11:49Core Viewpoint - The company *ST Muban is facing a restructuring application due to its inability to repay debts and a significant lack of repayment capacity, as claimed by creditor Long Baotai [1] Financial Performance - For the period of January to September 2025, the company reported a revenue of 226.82 million yuan and a net loss of 355.72 million yuan [1] - The company has not completed the rectification of non-operating fund occupation repayment [1] Legal and Regulatory Issues - The creditor has filed for restructuring with the Nanchang Intermediate People's Court, citing a principal debt of 5.76 million yuan [1] - If the court accepts the restructuring application, the company's stock will be subject to additional delisting risk warnings, with a potential for termination of listing [1] - Both the company and its actual controller, Liao Zhiyuan, are currently under investigation [1] Shareholder Actions - Relevant personnel have no plans to reduce their holdings in the next six months [1]