ST Longda: Announcement of Pre-restructuring Debt Claim Declaration, with Numerous Risk Factors.

ST Long announced that the Intermediate People's Court of Yantai City ruled on July 9, 2026 to accept the company's pre-reorganization application and appointed a temporary administrator. Creditors should declare their claims on the "ePOTONG" website by August 24th, and claims arising from normal production and operation do not need to be declared. There is significant uncertainty as to whether the pre-reorganization will proceed smoothly and whether it will transition to a formal reorganization process. If the court later accepts the company's reorganization, the company's stock will be subject to delisting risk warning. If the pre-reorganization or formal reorganization fails, the company faces the risk of being declared bankrupt and having its stock delisted.