2 1 Shi Ji Jing Ji Bao Dao·2025-11-25 13:20Group 1 - The core point of the article is the initiation of a new round of restructuring for Shanshan Group, with Fangda Carbon as a prominent potential investor [1][2] - Fangda Carbon has announced its participation as a strategic investor in the restructuring of Shanshan Group and its subsidiary Ningbo Pengze Trading [1][2] - Following the announcement, Fangda Carbon's stock price surged to a limit-up of 6.51 yuan per share, while Shanshan Group's stock rose by 5.74% [1] Group 2 - The restructuring process for Shanshan Group and Ningbo Pengze will follow a selection process involving initial and final selections, as well as a creditor committee vote [1] - Fangda Carbon aims to leverage its advantages in the negative electrode industry to enhance its supply chain stability and overall profitability through this restructuring [2] - The previous round of restructuring saw investors competing in joint ventures, emphasizing the need for strong industrial synergy among potential investors [2][3] Group 3 - The new selection process for investors has been optimized, extending the application period from 7 days to 18 days, allowing for a broader and fairer selection of investors [8] - The due diligence process has been structured to maintain fairness among participating investors, with a separate deadline for submitting restructuring proposals set for December 8 [9] - The new bidding price for shares is set at 11.50 yuan, which is higher than the previous round's minimum price of 8.65 yuan and the bid from the previous round's exiting investors [9][10]