Zhongtong Finance APP News, Rendong Holdings (002647.SZ) announced that on May 7, 2024, the company received a "Notice" from the applicant Beijing Lecheng Huyu Technology Co., Ltd., stating that the applicant submitted an application to the Guangzhou Intermediate People's Court of Guangdong Province (referred to as "Guangzhou Intermediate Court" or "Court") for reorganization and pre-reorganization of the company on the grounds that the company cannot repay its due debts, lacks obvious solvency, but has reorganization value. The Guangzhou Intermediate Court accepted the case for review on May 7, 2024. On October 21, 2024, after full negotiations with pre-reorganization investors, the company and the interim administrators respectively signed the "Pre-reorganization Investment Agreement" with members of the investor consortium or their designated parties.

The signing of the "Pre-reorganization Investment Agreement" is beneficial for the smooth progress of the company's pre-reorganization and reorganization-related work. If the company's subsequent pre-reorganization and reorganization procedures can proceed smoothly and all parties can successfully fulfill the "Pre-reorganization Investment Agreement", it will help improve the company's financial structure, resolve debt risks, etc. At the same time, the introduction of investors is conducive to the company's sustainable and healthy operation.