DFSS(SH:603377) Zheng Quan Zhi Xing·2025-08-22 16:48Core Viewpoint - The company is undergoing a pre-restructuring process initiated by the Beijing First Intermediate People's Court, which has appointed a temporary management team to oversee the proceedings. The company has signed a restructuring investment agreement with the restructuring investors, but has not yet received a formal ruling on the acceptance of the restructuring application [1][2]. Group 1: Restructuring Process - The company received a decision from the Beijing First Intermediate People's Court on July 10, 2025, to initiate pre-restructuring, with a temporary management team appointed to oversee the process [1]. - If the court formally accepts the restructuring application, the "Dongshi Convertible Bond" will mature on the day the restructuring is accepted [2]. - The company is proposing to hold a bondholders' meeting to determine the conversion period for the "Dongshi Convertible Bond" if the court accepts the restructuring application [3][6]. Group 2: Bondholder Rights and Proposals - The company aims to protect the rights of bondholders by proposing to extend the conversion period of the "Dongshi Convertible Bond" to 30 days after the acceptance of the restructuring application [6][7]. - The trading period for the "Dongshi Convertible Bond" is proposed to be extended to 15 days after the acceptance of the restructuring application [7]. - The bondholders' meeting is scheduled for September 1, 2025, with a registration date of August 27, 2025 [5][6]. Group 3: Financial Details - The company issued 4.28 million "Dongshi Convertible Bonds" with a total fundraising amount of 428 million yuan, with a maturity period of 6 years from April 9, 2020, to April 8, 2026 [3][5]. - The coupon rate for the first year is set at 0.40% [3].