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guandian.com after the bankruptcy more than two years ago, yuzhou group has been working with its financial advisors a&m capital advisors co., ltd., boc international asia limited, haitong international securities co., ltd. and legal advisor linklaters llp, and has communicated with members of the creditor group on many occasions to seek successful debt restructuring.

hard work pays off, and this fujian-based real estate developer is getting closer to its long-cherished wish.

on september 16, yuzhou group held a meeting of creditors to discuss and vote on the debt restructuring plan. the final result was that the required majority of creditors had been supported. the proportion of support for the company's restructuring plan exceeded 99%, close to 100%.

next, yuzhou group will hold a ruling hearing in the hong kong court on september 24 and in the cayman court on september 30. if nothing unexpected happens, the company's restructuring plan will be approved, becoming another private real estate company that has successfully restructured its debts and creating a model for fujian real estate companies.

choose one of three restructuring options

different from the solutions offered by other real estate developers that have gone bankrupt, yuzhou group "thoughtfully" provided creditors with three options.