YATAI(SZ:000691) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2026-01-05 16:49Core Viewpoint - Gansu Asia-Pacific Industrial Development Co., Ltd. has completed its restructuring plan, and the court has ruled to terminate the company's restructuring process, indicating a significant step towards financial recovery and improved operational stability [2][7]. Group 1: Restructuring Overview - On July 10, 2025, Guangzhou Wanshun Technology Co., Ltd. applied for bankruptcy restructuring due to the company's inability to repay debts and lack of repayment capacity [3]. - The Lanzhou Intermediate People's Court initiated the pre-restructuring process on July 11, 2025, and appointed a liquidation team to manage the company during this period [3][4]. - The restructuring plan was approved by the court on December 26, 2025, after all restructuring investors paid a total of RMB 403,763,890.00 [5][6]. Group 2: Court Rulings and Execution - The court issued a civil ruling on December 31, 2025, confirming the completion of the restructuring plan and terminating the restructuring process [2][7]. - The restructuring plan included the injection of funds by investors and the adjustment of equity rights for stakeholders, which effectively alleviated the company's debt crisis [9]. Group 3: Impact on Company - The completion of the restructuring plan is expected to significantly improve the company's financial structure and enhance its operational capabilities, thereby protecting the rights of all stakeholders [9]. - The total share capital of the company increased from 323,270,000 shares to 484,905,000 shares due to the capital reserve transfer [6][15]. Group 4: Stock Resumption - The company's stock is set to resume trading on January 5, 2026, following the completion of the restructuring and capital increase [14][17]. - The opening reference price for the stock on the resumption date will be adjusted to RMB 7.05 per share, based on the capital increase [16].