BANGJIE SHARE(SZ:002634) Shang Hai Zheng Quan Bao·2026-01-05 18:26Group 1 - The court has decided to initiate a pre-restructuring process for Zhejiang Bangjie Holdings Group Co., Ltd. and appointed temporary managers [2][6] - The pre-restructuring was requested by creditor Suzhou Huanshi Lake Zhuguang Enterprise Management Partnership due to the company's inability to repay debts and insufficient assets [2][6] - The company has acknowledged the pre-restructuring application and will cooperate with the process [6] Group 2 - The pre-restructuring does not guarantee that the court will formally accept the restructuring application, leaving significant uncertainty regarding the company's future [3][8] - If the court accepts the restructuring application, the Shenzhen Stock Exchange will implement delisting risk warnings for the company's stock [3][8] - As of September 30, 2025, the company's net assets attributable to shareholders were -607.32 million yuan, indicating potential delisting risks if the financial situation does not improve [10][11] Group 3 - The restructuring process aims to save the company by adjusting its assets and liabilities and restoring its profitability [4][11] - The company's main businesses include seamless clothing and photovoltaic sectors, with seamless clothing generating 620 million yuan in revenue for 2024, accounting for 56.06% of total revenue [11] - The company has established long-term relationships with international brands and large retailers in the seamless clothing sector, which may be impacted by the ongoing pre-restructuring [11] Group 4 - The pre-restructuring allows for early debt and operational management, including debt registration and asset investigation, which can facilitate communication with creditors and potential investors [7] - Successful pre-restructuring and restructuring could improve the company's financial and operational conditions, leading to sustainable development [7]