According to the announcement released by adway (06189), the court recently rejected the company's application for bankruptcy reorganization, and the case number is (2023) Yue 03 Po Shen 926. The company will adjust and improve the reorganization plan in accordance with the court's opinion, and reapply for bankruptcy reorganization to the court.

As of the date of this announcement, the company has not submitted a new application for bankruptcy reorganization, and there is still significant uncertainty as to whether the company can enter the reorganization process. The company will notify its shareholders and potential investors of any significant progress in the company's bankruptcy reorganization and will make separate announcements in accordance with the listing rules at the appropriate time.