仁东控股股份有限公司关于收到法院解封及终止执行裁定的公告

Core Viewpoint - Ren Dong Holdings Co., Ltd. has received a court ruling to lift the asset freeze and terminate the execution procedures related to its debts, indicating a significant step towards resolving its financial issues and potential recovery from bankruptcy proceedings [1][4]. Debt Situation - The company borrowed 750 million yuan from CITIC Bank on February 10, 2017, with a five-year term, but defaulted on the loan, leading to arbitration and asset preservation requests by CITIC Bank [1][2]. - On December 15, 2023, CITIC Bank transferred its rights related to the debt to China CITIC Financial Asset Management Co., Ltd., which will now pursue the claims against Ren Dong Holdings [3]. Court Ruling Details - The Shenzhen Intermediate People's Court ruled to lift the asset freeze on Ren Dong Holdings due to the acceptance of a bankruptcy reorganization application by Beijing Lecheng Interactive Entertainment Technology Co., Ltd. [4]. Risk Warning Removal Application - The company has completed its reorganization plan and applied to the Shenzhen Stock Exchange to revoke the delisting risk warning that was imposed due to the court's acceptance of the reorganization [8][10]. - The Shenzhen Stock Exchange will make a decision on the application within fifteen trading days after receiving it [8][10].