rendong holdings: already intends to submit a "pre-reorganization investment plan" to investors and the reorganization has made significant progress
2024-10-02
한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina
on the evening of september 27, rendong holdings issued an announcement on the progress of pre-reorganization. the announcement stated that the interim manager had sent the "guidelines for the preparation of pre-reorganization investment plan" to prospective investors in the early stage. as of now, prospective investors have submitted to the interim management submit the "pre-reorganization investment plan". the interim manager will continue to carry out investor selection work under the guidance and supervision of the guangzhou intermediate people's court.
according to industry insiders, investors have been interested in submitting a "pre-reorganization investment plan" to the interim manager, which marks significant progress in the reorganization of rendong holdings. the purpose of reorganization is to resolve the debt crisis, optimize the asset structure, and enhance the company's industrial value. this is also an important step for the company to get rid of its operating and financial difficulties. as the reorganization plan gradually unfolds, the prospects of rendong holdings will become clearer. the company is expected to regain its vitality and usher in new development opportunities after experiencing this change.
it is understood that rendong holdings began planning reorganization matters in may this year. the guangzhou intermediate people's court reviewed the company's pre-reorganization matters on may 7, and approved the company's pre-reorganization on may 24. on june 17, the guangzhou intermediate people's court designated a temporary administrator during the pre-reorganization period. the manager selects financial consulting agencies and various intermediaries. on july 4, the interim manager publicly recruits restructuring investors, and on july 16, the interim manager publicly selects and recruits the results of intermediary agencies. because it takes a long time to carry out audit evaluation, investor recruitment and other tasks, the guangzhou intermediate people's court agreed on august 19 to extend the company's pre-reorganization period to november 24 upon application by the interim administrator. as of now, interested investors have submitted a "pre-reorganization investment plan" to the interim manager, and the reorganization work is progressing in an orderly manner.
analysts pointed out that the submission of the "pre-reorganization investment plan" means that rendong holdings has taken a substantial step on the road to reorganization, showing that the market has certain positive expectations for the company's future reorganization success, and also reflects that the market expectations for the company’s value recovery after restructuring. the smooth implementation of the reorganization plan will bring more financial support and strategic resources to rendong holdings, thereby improving the company's financial status and market competitiveness. this also releases a positive signal for the company to get rid of the current predicament and resume healthy operations. through reorganization, the company is expected to optimize its asset and liability structure, reduce financial pressure, thereby restoring sustained profitability and laying the foundation for the company's long-term development.
