Group 1 - The company Jiangsu Suhao Huihong Group Co., Ltd. is involved in a bankruptcy reorganization case concerning its subsidiary Jiangsu Kaiyuan Shipbuilding Co., Ltd. [2] - The subsidiary has won a court ruling against Nanjing Dongze Shipbuilding Co., Ltd. and others, with a total claim amount of 136.49 million yuan plus interest [2] - Nanjing Dongze Shipbuilding entered bankruptcy reorganization in April 2025, with a management team appointed to oversee the process [2][3] Group 2 - The second creditors' meeting approved the reorganization plan, which involves a stock acquisition restructuring method [3] - The estimated repayment for secured debts is 13.86 million yuan, expected to be fully repaid within 15 days after the reorganization plan takes effect [3] - Ordinary debts amounting to 208.42 million yuan are expected to be repaid at a minimum of 4 million yuan, with additional potential repayments from various sources [3] Group 3 - The Nanjing Intermediate People's Court has approved the reorganization plan and terminated the reorganization process for Nanjing Dongze Shipbuilding [4] - As of September 30, 2025, the company has made a provision for impairment losses of 2.73 million yuan related to the debts [5] - If the reorganization plan is successfully implemented, the company may need to recognize additional impairment losses, potentially reducing net profit by up to 36.15 million yuan for the fiscal year 2025 [5][6]
江苏苏豪汇鸿集团股份有限公司关于公司子公司债务人破产重整的进展公告