Core Viewpoint - The company is undergoing a substantial merger and restructuring process involving its controlling shareholder, Singshan Group, and its wholly-owned subsidiary, Pengze Trading, with the aim of changing control if the restructuring is successful [1] Group 1: Restructuring Process - The restructuring process is progressing in an orderly manner, with a restructuring investment agreement signed on February 6, 2026, between Singshan Group, Pengze Trading, and the restructuring investors, Anhui Weaving Group and Ningbo Jinzi [1] - The restructuring plan draft will need to be submitted for approval by the creditors' meeting and the investors' group, followed by a ruling from the Yinzhou Court, indicating that the outcome remains uncertain [1] - The company will maintain ongoing communication with the restructuring manager and will fulfill its information disclosure obligations regarding any substantial progress [1]
杉杉股份:控股股东杉杉集团及其全资子公司朋泽贸易的实质合并重整正有序推进中