重整计划获批，康恒环境上市只差“临门一脚”

Group 1 - Shenzhen Zhongzhuang Construction Group Co., Ltd. has received approval for its restructuring plan, officially entering the execution phase [2][7] - The restructuring was initiated due to a debt crisis in May 2024, leading to creditor applications for restructuring [4][17] - The restructuring plan includes measures such as capital reserve conversion to equity, introduction of restructuring investors, and various methods to settle debts [6][19] Group 2 - Shanghai Hengcen Enterprise Management Consulting Co., Ltd. will become the controlling shareholder of Zhongzhuang Construction after the restructuring, with its actual controller, Long Jisheng, also being the actual controller of Kangheng Environment [8][21] - Kangheng Environment aims to achieve a "backdoor listing" through its involvement in Zhongzhuang Construction's restructuring, positioning itself as the largest investment-scale waste incineration enterprise listed in A-shares [11][26] - Kangheng Environment has established itself as a leader in the waste incineration power generation sector, with a market share exceeding 40% domestically and a significant presence in over 300 waste incineration plants [11][24]