LNGF(SZ:002717) Zheng Quan Zhi Xing·2025-07-23 13:10Core Viewpoint - Lingnan Ecological Culture and Tourism Co., Ltd. has announced the repayment arrangement for the second phase of its convertible bonds, indicating ongoing efforts to secure funding for debt repayment [1][2]. Group 1: Repayment Arrangement - The company held a bondholders meeting on January 22, 2025, where the repayment plan for the "Lingnan Convertible Bonds" was approved [1]. - The first phase of repayment was completed on January 27, 2025, with the remaining bond principal amounting to 410.72 million yuan after accounting for 0.21 million yuan that was not repaid due to judicial/pledge freezes [1]. - The second phase of repayment will be based on the number of bonds that were not repaid due to judicial/pledge freezes, and the actual bond face value will remain unchanged [1]. Group 2: Future Plans and Considerations - The company is actively seeking funds through multiple channels, with the final repayment plan to be announced after the market closes on July 28, 2025 [1]. - The company will entrust China Securities Depository and Clearing Corporation Limited to handle this repayment [1]. - Bondholders are advised to refrain from actions that may lead to unsuccessful repayment, such as transferring collateral or non-trading transfers [2].