Aoyuan Meigu: The court allows the company to continue operating and manage its affairs independently during the restructuring period.

Oriental Garden Valley announced that on November 19, 2025, the administrator and the company received a "reply letter" and a "decision letter" from the Xiangyang Intermediate People's Court, allowing the company to continue operating during the restructuring period, permitting the company to self-manage its assets and business affairs under the supervision of the administrator. The disclosure responsibility during the restructuring period lies with the company's board of directors. Since the court has accepted the restructuring application, the company's stock was subject to additional implementation of delisting risk warnings on November 17. If the restructuring fails, the company faces the risk of being declared bankrupt and its stock being delisted; if specified circumstances occur in 2025, the stock also faces the risk of delisting.