步步高：股东等七家公司实质合并重整案表决结果出炉

Core Viewpoint - The company announced that it received a notification from its shareholder, Bubu Gao Investment Group, regarding the upcoming creditor meetings related to the restructuring plan [1] Group 1: Restructuring Details - A second creditor meeting and investor group meeting for the substantive merger restructuring case will be held on November 24, 2025 [1] - The investor group voted to approve the equity adjustment plan, while the tax creditor group approved the draft restructuring plan [1] - The property secured creditor group and ordinary creditor group did not approve the draft restructuring plan, resulting in it not being passed [1] Group 2: Shareholder Information - Bubu Gao Investment Group holds 193 million shares, accounting for 7.19% of the total share capital [1] - The company maintains independence from this shareholder, and the restructuring matters do not affect its daily operations [1] Group 3: Future Actions - The management will organize further negotiations for voting on the restructuring plan [1] - The company will continue to disclose updates regarding the restructuring process [1]