NBSS(SH:600884) Zheng Quan Zhi Xing·2025-06-06 11:20Core Viewpoint - Ningbo Shanshan Co., Ltd. is undergoing a restructuring process involving its controlling shareholder, Shanshan Group, and its wholly-owned subsidiary, Ningbo Pengze Trading Co., Ltd., with the aim of maximizing asset value and protecting creditor rights [1][2]. Group 1: Restructuring Process - The second creditors' meeting for the restructuring case was held via a written format using the "Bankruptcy Case Integrated Management Platform" [1]. - A total of 124 creditors agreed to the proposal regarding the recruitment of potential investors, representing 86.71% of the voting creditors and 84.25% of the unsecured debt amount [2]. - The proposal for recruiting potential investors was approved in accordance with Article 64 of the Bankruptcy Law of the People's Republic of China [2]. Group 2: Company Impact - The company maintains that there are no non-operational fund occupations or illegal guarantees that harm the interests of the listed company [2]. - The company operates independently and has a complete business structure, with no significant impact on daily operations from the ongoing restructuring [2]. - Shanshan Group holds 320,296,700 shares of the company, accounting for 14.24% of the total share capital, while Pengze Trading holds 205,264,756 shares, accounting for 9.13% [2]. Group 3: Future Uncertainties - There is uncertainty regarding the success of the restructuring for Shanshan Group and Pengze Trading, which may lead to adjustments in shareholder equity and potential changes in company control [3]. - The company will continue to monitor the situation and fulfill its information disclosure obligations in accordance with relevant laws and regulations [3].