*ST美谷：公布15.36亿元重整方案 九州通旗下公司牵头

Core Viewpoint - *ST Meigu's restructuring plan aims to resolve its debt crisis and avoid delisting risks, approved by the Xiangyang Intermediate People's Court [1] Group 1: Restructuring Plan - The restructuring plan involves a total share capital of 763 million shares, with a ratio of 10 shares increasing to 13.43 shares, resulting in an increase of 1.025 billion shares, bringing the total to 1.787 billion shares [1] - Approximately 76.3 million shares will be allocated to certain shareholders, while the remaining 948 million shares will be used to attract restructuring investors and settle debts [1] - The restructuring investment group, including Jiuzhou Chuantou, Xinmeitong, and six financial investors, will subscribe to 862 million shares for 1.536 billion yuan, with 149 million shares specifically for resolving related guarantee issues [1] Group 2: Debt Settlement - Employee and tax claims will be fully settled in cash within three months after the restructuring plan is approved [1] - Secured claims will be prioritized for cash settlement within the value range of the secured assets [1] - Ordinary claims will be handled in tiers, with amounts below 3 million yuan settled through a combination of cash and stock, while amounts above 3 million yuan will be compensated with stock and trust beneficiary rights [1] Group 3: Business Focus - The company plans to establish a service trust to divest inefficient assets and focus on its core businesses in medical beauty and bio-based fibers [2] - After the restructuring, the industrial investor Jiuzhou Tong will leverage its resources in the health sector to assist *ST Meigu in optimizing governance and expanding its industrial chain [2] - The company aims to enhance profitability through refined management and asset acquisitions [2]