On the morning of September 11, the fourth creditors' meeting in the NEV bankruptcy and restructuring case of Nacha Automobile's parent company was held in an online format. The meeting voted on the “Reorganization Plan”. According to reports, the content of the “Reorganization Plan” provided by a creditor shows that “Taiyi Shenglian”, as the restructuring investor, plans to provide 3 billion yuan for Hezhong Renewable Energy's restructuring investment and acquire about 70.62% of the latter's shares. Of the 3 billion yuan in cash, 1,167 billion yuan will be used to settle related claims and bankruptcy expenses corresponding to the assets to be retained; the remaining 1,833 billion yuan will be used to supplement the working capital of Hezhong New Energy and support its operation and development after restructuring.
Zhitongcaijing · 2d ago
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On the morning of September 11, the fourth creditors' meeting in the NEV bankruptcy and restructuring case of Nacha Automobile's parent company was held in an online format. The meeting voted on the “Reorganization Plan”. According to reports, the content of the “Reorganization Plan” provided by a creditor shows that “Taiyi Shenglian”, as the restructuring investor, plans to provide 3 billion yuan for Hezhong Renewable Energy's restructuring investment and acquire about 70.62% of the latter's shares. Of the 3 billion yuan in cash, 1,167 billion yuan will be used to settle related claims and bankruptcy expenses corresponding to the assets to be retained; the remaining 1,833 billion yuan will be used to supplement the working capital of Hezhong New Energy and support its operation and development after restructuring.
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