*ST炼石：拟按照每10股转增5.99股的比例实施资本公积金转增股本

Core Viewpoint - *ST炼石 has announced a restructuring plan that includes a capital increase through the conversion of capital reserves into shares, significantly altering its share structure and addressing debt obligations [1] Summary by Relevant Sections Capital Increase - *ST炼石 will implement a capital increase by converting capital reserves into shares at a ratio of 5.99 shares for every 10 shares held, resulting in an increase of 522,987,424 shares [1] - Post-increase, the total share capital will rise to 1,396,088,300 shares, with the exact number subject to confirmation by the Shenzhen Central Depository [1] Share Distribution - The newly issued 522,987,424 shares will not be distributed to existing shareholders [1] - Of these, 200,000,000 shares will be sold to restructuring investors for a cash payment of 1,238,000,000.00 yuan, which will be used to support the restructuring plan and future business development [1] - The remaining 322,987,424 shares will be allocated to settle the company's debts [1] Debt Settlement - Creditors with secured and unsecured claims will be treated equally under the repayment plan [1] - Claims of 500,000 yuan or less will be fully settled in cash within one month after the court approves the restructuring plan [1] - Unsettled claims will be compensated with shares at a rate of approximately 12.63 shares per 100 yuan of debt, with a share price of 7.92 yuan [1] - The repayment ratio for both secured and unsecured creditors is set at 100% [1]