According to an announcement from Rendong Holdings (002647.SZ), on December 30, 2024, the company received the (2024) Yue 01 Po Shen 251 Civil Order from the Intermediate People's Court of Guangzhou, Guangdong Province, which accepted the reorganization application filed by Peking Lecheng Huanju Technology Co., Ltd. On the same day, the company received the (2024) Yue 01 Po 380-1 Decision on Designation of Manager from the Guangzhou Intermediate Court, which appointed Junhe Law Firm's Shanghai branch (lead institution) and Guangzhou Jinpeng Law Firm as the joint managers of the company, with Dong Ming as the responsible person.

Due to the Guangzhou Intermediate Court's legal ruling to accept the company's reorganization, in accordance with Article 9.4.1(9) of the Shenzhen Stock Exchange's listing rules, trading of the company's stocks will be subject to a delisting risk warning starting January 3, 2025. The stock abbreviation will change from 'Rendong Holdings' to '*ST Rendong', while the stock code will remain '002647', and the daily fluctuation limit for the stock will be 5%. According to Article 9.4.9 of the Shenzhen Stock Exchange's listing rules, trading of the company's stocks will be suspended for one trading day starting January 2, 2025, and will resume on January 3, 2025.

In addition, while the court has formally accepted the company's reorganization, there remains a risk that the company could be declared bankrupt and undergo liquidation due to a failed reorganization. If the company is declared bankrupt due to a failed reorganization, it will face the risk of being terminated from listing according to relevant provisions of the Shenzhen Stock Exchange's listing rules.