ST Qihuan wholly-owned subsidiary Hejia New Energy ruled to enter bankruptcy restructuring, involving final enforcement target amount of 487 million yuan

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โดย Jiemian·CN·Read original
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Tus Environmental Science and Technology Development Co., Ltd. (000826.SZ, stock abbreviation: *ST Qihuan) announced on September 10 that its wholly-owned subsidiary Tus Hejia New Energy Vehicle Co., Ltd. received a Civil Ruling from the Xianning Intermediate People's Court of Hubei Province, in which the court ruled to accept the bankruptcy restructuring applications filed by Anshan Boiler Plant Co., Ltd. and Jiangsu Huaxing Dongfang Electric Power Environmental Protection Technology Co., Ltd. against Hejia New Energy. Upon investigation, Hejia New Energy failed to repay 7.24 million yuan owed to Anshan Boiler Plant for goods and 2.4896 million yuan owed to Jiangsu Huaxing under a contract, and was still unable to repay after court enforcement. There are 48 final enforcement records involving a target amount of 487.0797 million yuan, and the court determined that it meets the bankruptcy restructuring conditions of being unable to pay due debts and clearly lacking solvency. The parent company Tus Environmental entered pre-restructuring proceedings in September 2025 and signed a Restructuring Investment Agreement with the selected industrial investor in July 2026, but the court held that the parent company's pre-restructuring cannot prevent the bankruptcy restructuring of Hejia New Energy. As of the end of 2025, Hejia New Energy had total assets of 999.7565 million yuan and net assets of 206.4885 million yuan, with a 2025 net loss of 94.8087 million yuan. The company stated that the final impact of the restructuring matters remains uncertain and that corresponding accounting treatment will be carried out based on the restructuring results.

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江苏华星东方电力环保科技有限公司Private± Mixed
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Named as a creditor that filed the bankruptcy restructuring application against Hejia New Energy over 2.49 million yuan owed; outcome of recovery unclear.

鞍山锅炉厂有限公司Private± Mixed
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Named as a creditor that filed the bankruptcy restructuring application against Hejia New Energy over 7.24 million yuan owed; outcome of recovery unclear.

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