长药控股意向重整方现身 联合体拟提交投资方案

Core Viewpoint - Changyao Holdings has entered bankruptcy reorganization, and a potential restructuring party has submitted an investment proposal [1][2] Group 1: Company Overview - Changyao Holdings was established on December 24, 2001, with a registered capital of 350 million yuan, and was listed on the Shenzhen Stock Exchange in August 2014 [2] - The company primarily operates in the pharmaceutical manufacturing industry, alongside photovoltaic equipment business [2] Group 2: Financial Performance - From 2019 to 2023, Changyao Holdings reported net profits of -670 million yuan, 25.32 million yuan, 49.10 million yuan, -23.27 million yuan, and -606 million yuan respectively [2] - In the first three quarters of 2024, the company achieved revenue of 101 million yuan and a net loss of 181 million yuan [3] Group 3: Legal and Financial Issues - As of the announcement date, Changyao Holdings and its subsidiaries were involved in 110 lawsuits and arbitrations, with a total amount in dispute of 1.257 billion yuan, representing 644% of the company's latest audited net assets [4] - The company has significant interest-bearing debts of 747 million yuan, including overdue debts of 251 million yuan [5] - A subsidiary, Changjiang Star, has unpaid taxes amounting to 120 million yuan [6] Group 4: Restructuring Efforts - The company is undergoing pre-reorganization, initiated by the Shiyan Intermediate People's Court, due to its inability to repay all due debts while still possessing potential for restructuring [3][4] - The temporary administrator of Changyao Holdings has decided to publicly recruit and select restructuring investors to facilitate the reorganization process [6] Group 5: Investment Proposal - A consortium including Meijin Energy has submitted an investment proposal to the temporary administrator of Changyao Holdings [1][2] - Meijin Energy aims to enhance Changyao Holdings' profitability and market competitiveness through deep cooperation, while also achieving synergy between the two companies [7] - The investment is expected to leverage Meijin Energy's strengths to promote industrial upgrades at Changyao Holdings, contributing to economic development [8]