*ST Communications announced that on June 18, the company received a notice from creditor Shengdong Trading. Because the company failed to pay its maturing debts on schedule and clearly lacked solvency, Shengdong Trading has submitted a restructuring and pre-restructuring application to the Changchun Intermediate People's Court. As of the date of disclosure of the announcement, the company had not received documents from the court to accept the restructuring, and there is significant uncertainty as to whether it will enter into the restructuring process. If the court officially accepts the restructuring application, the company's shares will be combined to implement a “delisting risk warning”. If the company is declared bankrupt due to a failed restructuring, there is a risk that the listing of the company's shares will be terminated.