国机汽车股份有限公司关于参股公司破产重整的进展公告

Core Viewpoint - Guokai Automobile Co., Ltd. is currently undergoing a bankruptcy reorganization process for its subsidiary, Guokai Zhijun Automobile Co., Ltd., following a creditor's application for bankruptcy examination [1][2][3] Group 1: Bankruptcy Application and Initial Proceedings - Guokai Zhijun was applied for bankruptcy examination by creditor Ganzhou State-owned Assets Investment Development Co., Ltd. at the Ganzhou Intermediate People's Court [1] - On December 21, 2023, Guokai Zhijun received a decision from the court regarding the bankruptcy pre-reorganization [1] - The first creditors' meeting for the bankruptcy pre-reorganization was held on April 15, 2024 [1] Group 2: Creditor Meetings and Voting Outcomes - The first creditors' meeting on May 27, 2024, did not pass the voting matters related to the pre-reorganization plan due to insufficient agreement from creditors [2] - A second creditors' meeting was convened on July 31, 2024, to further discuss the bankruptcy pre-reorganization [2] - The second creditors' meeting on September 6, 2024, resulted in the approval of the pre-reorganization plan and related rules [2] Group 3: Court Decisions and Timeline Extensions - On October 10, 2024, the court accepted the bankruptcy reorganization of Guokai Zhijun [3] - The management applied for an extension to submit the reorganization plan due to the complexity of the case, which was granted by the court, extending the deadline to July 8, 2025 [3] Group 4: Ongoing Monitoring and Disclosure - The company will continue to monitor the progress of Guokai Zhijun's bankruptcy reorganization and fulfill its information disclosure obligations [4]