Debt Restructuring - The debt restructuring plan includes the transfer of loans from four major banks, with the total principal amount owed to Agricultural Bank of China being approximately RMB 1,400,000,000, of which RMB 1,100,000,000 is owed by the group [3]. - The group plans to repurchase the transferred loans for approximately RMB 1,500,000,000 to RMB 1,600,000,000, with discussions still in early stages and no final agreements reached [5]. - The expected completion date for the full repurchase of transferred loans is between the end of 2023 and the first half of 2024 [7]. - The principal amount owed to China Construction Bank is approximately RMB 1,983,500,000, which has been transferred for about RMB 583,600,000 [4]. - The principal amount owed to the Export-Import Bank is approximately RMB 1,184,300,000, transferred for about RMB 356,000,000 [4]. - The group anticipates that the unpaid amount for the repurchased loans will be settled by the end of 2025 [7]. - The group is exploring various funding possibilities to advance the debt restructuring plan with potential investors expressing interest [5]. Loan Details - The total outstanding principal amount of loans as of January 31, 2023, is approximately RMB 1,326,300,000, with RMB 834,800,000 intended to be financed through ongoing business operations and future cash flows [7]. - The group has a remaining land and building value of approximately RMB 524,700,000, which is mortgaged as collateral for the repurchased loans [5]. - The outstanding amount for the repurchased loans is expected to be settled using proceeds from the sale of related properties [5].
大成生化科技(00809) - 2023 - 年度业绩