双会高票通过：名家汇重整推进关键闭环达成

Core Viewpoint - Shenzhen Mingjiahui Technology Co., Ltd. has made significant progress in its restructuring process, as evidenced by the high approval rates from both investors and creditors for the proposed restructuring plan [1][2][3][4] Group 1: Restructuring Progress - The company announced a breakthrough in its restructuring process with a 99.7393% approval rate from investors for the restructuring plan [1] - The first creditors' meeting was successfully held, with over 95% approval from various creditor groups, indicating strong support for the restructuring path [1] Group 2: Debt Resolution Strategy - The restructuring plan includes a capital reserve conversion to equity, with a ratio of 10 shares increasing to 10.5 shares, primarily aimed at attracting restructuring investors and settling debts [2] - A total of over 1.2 billion yuan has been committed by strategic and financial investors to address debt repayment, bankruptcy costs, and liquidity needs [2] Group 3: Debt Repayment Framework - The restructuring plan establishes a differentiated debt repayment system, ensuring full cash repayment for secured debts and employee claims, while ordinary debts will be settled through a combination of cash, stock, and receivables [3] - The overall repayment rate for ordinary debts is designed to reach 100%, ensuring that both small and large creditors are adequately compensated [3] Group 4: Strategic Transformation - Post-restructuring, the company aims to implement a three-step strategy focusing on stabilizing core operations, transitioning to new production capabilities, and fostering long-term innovation [4] - The company will target high-value sectors such as plant lighting, special lighting, and smart home solutions, leveraging resources from investors to support its transformation [4] - The approval of the equity adjustment plan marks a transition from judicial restructuring to operational rebuilding, positioning the company for renewed market value and growth [4]