S*st to continue to find the reorganization of the party

S*st (000693) July 9 General Meeting of shareholders to review and agree with the previous reorganization of the party to remove the reorganization agreement. Wu Feng, the company's board secretary, said the company had been suspended from the market for more than three years, this year will be the key year to return to the listing, if the continuation of the restructuring with the Chinese side can not make substantial progress, the risk of the company to return the city will increase.　　At the same time, in order to return to the market as soon as possible, the company is actively seeking to meet the national industrial Policy support of the restructuring party, and efforts to revitalize existing assets, and strive to enhance this year's performance, the future restructuring will still use the asset restructuring and reform, debt restructuring of the way. Since October 2008, the two sides signed a reorganization framework agreement began, the company reorganization related work has been maintained, and in June 2009, the relevant assets reorganization, debt restructuring, share reform and other programmes reported to the SFC.　　This year has coincided with real estate regulation, because the communication with the SFC has not made substantial progress, the reorganization may not advance and decided to suspend. At present, S*st has submitted a resumption of the listing in May 2008 written application, SSE formally accepted the same month and requested the Company to supplement the relevant information. Financial reports show that, in addition to 2008 earnings, 2009 and the first quarter of this year the company is still in a loss, the situation is still more serious.