The court accepts the creditor's reorganization application *st the bankrupt risk in Guang Xia

Yinchuan on September 16, 2010 to accept creditors of the *st of the reorganization of the application, has declared the amount of claims amounted to 340 million yuan.　　*st said there was a risk of being declared bankrupt and liquidated.　　Today, *st (000557) issued the "Administrator on the company Reorganization Process Bulletin", the bulletin showed that the Yinchuan Intermediate People's Court on September 16, 2010 to accept creditors to the company's reorganization application, designated company liquidation Group as Administrator. The announcement said, the company reorganization related work is in progress, as of October 20, 2010, has completed the declaration registration the creditor's rights count 11, declared the amount of claims amounted to RMB 341507068.96 yuan.　　Company shares from the date of the September 30, 2010 after the expiry of 20 trading days after the expiration of the next trading day, that is, November 4, 2010 suspension, pending the company reorganization plan after the court to make a decision to SSE application. At the same time, the report reminded investors that the company exists as a result of the Shenzhen Stock Exchange stock Listing Rules (2008 Amendment), the reasons for the suspension of the listing, or according to the "PRC Enterprise Bankruptcy Law" for the reasons stipulated in the bankruptcy liquidation risk.