According to the Zhitong Finance App, *ST Mingcheng (600136.SH) issued an announcement. On June 5, 2023, the company received the “Decision” from the Wuhan Intermediate Court [(2023) E01/17]. The Wuhan Intermediate Court designated the liquidation team of Wuhan Contemporary Mingcheng Culture and Sports Group Co., Ltd. as the manager during the company's bankruptcy and restructuring, informing creditors that they should report their claims to the manager before July 6, 2023, and the first creditors' meeting is scheduled to be held online at 9:00 a.m. on July 20, 2023.

After the company is ruled by the court to accept the restructuring, according to the relevant provisions of section 9.4.1 of the “Listing Rules”, the company's shares will be superimposed on delisting risk warnings. The company's stock abbreviation is still “*ST Mingcheng”, the stock code is still “600136,” and the daily rise and fall limit of the stock price is still 5%.

The company's restructuring was accepted by the court. According to the relevant provisions of the “Enterprise Bankruptcy Law of the People's Republic of China”, if the company's restructuring fails, the company will be declared bankrupt by the court. If the company is declared bankrupt, the company will be subject to bankruptcy and liquidation. According to section 9.4.13 of the Listing Rules, the company's shares will face the risk of termination of listing.