格隆汇12月11日丨ST纳川(300198.SZ)公布，近日，公司收到申请人发来的《通知函》，申请人以公司 不能清偿到期债务且明显缺乏清偿能力，但具有重整价值为由，于2025年12月10日向泉州中院申请对公 司进行重整。 ...

Core Viewpoint - ST Nanchuan (300198.SZ) announced that its subsidiary, Jiangsu Nanchuan Pipe Co., Ltd., has received court documents regarding a bankruptcy application, indicating potential financial distress and uncertainty regarding its future operations [1] Group 1: Legal Proceedings - Jiangsu Nanchuan has received a notification, execution ruling, and execution decision from the People's Court of Siyang County, Jiangsu Province, related to a bankruptcy application filed against it [1] - The court documents include case numbers (2025) Su 1323 Zhi 3448 and (2025) Su 1323 Zhi 2621, which pertain to the execution of the bankruptcy application [1] - As of the announcement date, Jiangsu Nanchuan has not yet received any documents confirming the court's acceptance of the bankruptcy case, indicating that the situation is still in the bankruptcy review stage [1] Group 2: Financial Implications - The application for bankruptcy review introduces significant uncertainty regarding whether Jiangsu Nanchuan will enter formal bankruptcy proceedings [1]

Core Viewpoint - Nanchuan Co., Ltd. will have its stock subjected to other risk warnings and its stock abbreviation changed to "ST Nanchuan" due to receiving a qualified audit report for the fiscal year 2024 and a negative internal control audit report [1] Summary by Relevant Sections - **Stock Risk Warning** - The company announced that its stock will be subject to other risk warnings starting from April 29, 2025, following the issuance of a qualified audit report and a negative internal control audit report for the fiscal year 2024 [1] - **Stock Abbreviation Change** - The stock abbreviation will change from "Nanchuan Co., Ltd." to "ST Nanchuan" as part of the risk warning measures [1] - **Trading Suspension and Resumption** - The company's stock will be suspended from trading for one day on April 29, 2025, and will resume trading on April 30, 2025 [1]