花样年重组动态：境外债方案获债权人约99.67%压倒性支持，重生之路再加速

Core Viewpoint - The company, Fantasia Holdings Group Co., Ltd., has successfully gained approximately 99.67% support from plan creditors for its restructuring plans, which is a significant step towards debt optimization and operational recovery [1][2]. Group 1: Restructuring Approval - The plan meeting held on February 20, 2026, saw participation from 1,412 plan creditors, holding a total of approximately $6.097 billion in voting rights [1]. - Out of the participating creditors, 1,397 voted in favor of the plans, representing about $6.077 billion in voting rights, thus meeting the legal majority required for approval [1][2]. Group 2: Next Steps in the Process - Following the creditor meeting approval, the company will seek court approval for the Hong Kong and Cayman plans, with hearings scheduled for March 12, 2026, and March 12, 2026, respectively [2]. - The court hearings will serve as a judicial review of the fairness and feasibility of the restructuring plans, which will create a legally binding framework for all creditors, including those who did not participate or voted against the plans [3]. Group 3: Implications of Court Approval - Court approval of the restructuring plan is expected to provide a clear debt repayment timeline and amount, fostering a stable environment for the company's normal operations [3]. - This judicial confirmation is seen as a significant event in mitigating the company's debt risks, improving market credit, and restoring confidence among homebuyers, suppliers, and partners [3].