CFLD(SH:600340) Ge Long Hui A P P·2025-09-19 08:38Core Viewpoint - The company, Huaxia Happiness, has made significant progress in its debt restructuring plan, with a total of approximately RMB 1,926.69 billion in financial debt restructured as of August 31, 2025 [1] Debt Restructuring - As of August 31, 2025, the total amount of financial debt restructured through signing and other means is approximately RMB 1,926.69 billion, which includes domestic corporate bonds issued by the company and its subsidiaries, as well as overseas US dollar bonds issued by its wholly-owned offshore subsidiaries [1] - The company has utilized its subsidiaries to establish the "Happiness Selected Platform" and "Happiness Preferred Platform," which have contributed to a total of approximately RMB 236.28 billion in equity compensation for financial and operational debts as of August 31, 2025 [1] Unpaid Debts - As of August 31, 2025, the total amount of debts that the company has failed to repay on time is RMB 240.00 billion, excluding interest. Financial debts will be executed according to the agreed maturity dates in the debt restructuring agreement, and the corresponding debt amounts will be excluded from the unpaid debts before the adjusted maturity dates [1] Legal Matters - From August 1 to August 31, 2025, the company has incurred new litigation and arbitration matters with a total amount involved of RMB 1.405 billion. The amount involved as a plaintiff is RMB 233 million, while the amount involved as a defendant is RMB 1.172 billion. The related cases are still in progress, and the final outcomes remain uncertain, making it difficult to assess the impact on the company's current or future profits [1]