Gelonghui May 27 丨ST contact (002280crashtimeiii.SZ) announcedcrashtimeiii, proposed to have jurisdiction on the grounds that the company is unable to pay off its due debts and obviously lacks solvency, but has reorganization valuecrashtimeiiiThe Hangzhou City Intermediate People's Court applied for reorganization and pre-reorganization of the company, which still needs to be reviewed by the company's shareholders 'meeting. Even if the company's shareholders 'meeting reviewed and approved the "Proposal on Proposed Application to the Court for Reorganization and Pre-reorganization", there is still uncertainty whether the court can accept the company's reorganization and pre-reorganization applications.