CFLD(SH:600340) 2 1 Shi Ji Jing Ji Bao Dao·2025-11-21 10:45Core Viewpoint - The response from Feng Nianyi, a director of Huaxia Happiness, clarifies the legal framework surrounding the company's pre-restructuring application, emphasizing that the process does not require board or shareholder approval when initiated by creditors [1][2]. Group 1: Pre-restructuring Application - There are two modes for applying for pre-restructuring: one initiated by creditors and the other by the company itself. Only the latter requires board and shareholder meetings [1]. - The company must disclose the acceptance of a creditor's application for pre-restructuring as a legal obligation, without needing prior board or shareholder approval [1][2]. Group 2: Company’s Financial Situation - The company is currently in a state of insolvency, and the pre-restructuring process is viewed as a critical opportunity to resolve debt risks and facilitate recovery [1]. - The creditor, Longcheng Construction, has filed for pre-restructuring due to outstanding payments of approximately 4.172 million yuan owed by Huaxia Happiness for municipal engineering work [2]. Group 3: Internal Disputes - Director Wang Wei expressed that he was unaware of the announcement regarding the pre-restructuring and has raised concerns about the compliance of the announcement process, leading to a complaint to regulatory authorities [3]. - Wang Wei has a history of opposing company decisions, including a vote against the half-year report due to concerns over asset replacement handling [3]. Group 4: Shareholder Dynamics - Ping An is the largest shareholder of Huaxia Happiness, indicating potential conflicts of interest and differing perspectives on the company's restructuring strategy [4].