*ST长药(300391.SZ)：法院裁定不予受理重整申请暨子公司宣告破产

Core Viewpoint - *ST Changyao (300391.SZ) has received court rulings that terminate its pre-restructuring process and reject a restructuring application from a related company, indicating significant challenges in its financial recovery efforts [1] Group 1: Court Rulings - The Hubei Shiyan Intermediate People's Court has ruled not to accept the restructuring application from Shiyan Yunxu Industrial and Trade Co., Ltd. against the company, effectively ending the pre-restructuring process [1] - The court also issued a ruling to terminate the substantive merger restructuring process for Hubei Changjiang Star Pharmaceutical Co., Ltd. and seven other companies, declaring them bankrupt [1]