THTF(SH:600100) Zhi Tong Cai Jing·2025-11-19 08:22Group 1 - The core issue involves Tongfang Co., Ltd.'s subsidiary, Tongfang Jizhao, facing a debt recovery challenge with China Broadcasting Group, which has declared insolvency and is undergoing judicial reorganization [1][2] - Tongfang Jizhao has a total claim of 218.19 million yuan, which includes 117.64 million yuan in principal and 100.55 million yuan in overdue interest [1] - The court has terminated the enforcement procedures due to the lack of executable assets from China Broadcasting Group, which is unable to meet its financial obligations [1] Group 2 - Tongfang Jizhao plans to participate in the creditor meeting and agrees to the reorganization plan, which proposes different repayment methods based on the amount of debt [2] - For debts under 1 million yuan, a 50% cash repayment is proposed, while debts over 1 million yuan will receive 5% in cash and approximately 40% in equity of China Broadcasting Group [2] - After the successful implementation of the reorganization plan, Tongfang Jizhao is expected to recover approximately 98.24 million yuan, with 11.36 million yuan in cash and 86.88 million yuan in equity, representing about 4.57% of the restructured company [2]