Core Viewpoint - The ongoing negotiations between creditors and Huaxia Happiness regarding its "pre-restructuring" process highlight significant disputes, particularly concerning the compliance of the pre-restructuring announcement and the company's governance procedures [1][2][3] Group 1: Financial Due Diligence - On November 21, the Huaxia Happiness creditor committee approved a resolution to authorize Ping An Asset Management to hire an accounting firm for a special financial due diligence investigation [1] - The creditor committee plans to send a working group to Huaxia Happiness starting November 24 to prepare for the financial due diligence [1] Group 2: Governance and Compliance Issues - There are disputes regarding the compliance of Huaxia Happiness's pre-restructuring announcement, with current director Wang Wei claiming he was unaware of the announcement, which he argues violates company governance procedures [2] - Wang Wei's statement is perceived as representing the stance of Ping An, which has a significant influence on Huaxia Happiness [2] Group 3: Company Response and Legal Obligations - Huaxia Happiness responded by stating that it disclosed the pre-restructuring information after receiving the creditor's application and court notification, asserting that no board or shareholder approval was necessary [3] - Another director, Feng Nianyi, emphasized that the company must act in its best interest, suggesting that the pre-restructuring process is a critical opportunity to resolve debt risks [3] Group 4: Uncertainty in Restructuring Process - The success of Huaxia Happiness's pre-restructuring efforts and the potential transition to formal restructuring remain uncertain, particularly regarding the alignment of opinions between the company and its financial creditors [4]
华夏幸福多方博弈,股东质疑“重整”后债委会又要“查账”