新大洲控股股份有限公司 关于参与黑龙江恒阳牛业有限责任公司破产重整 完成债转股的公告

Core Viewpoint - The company has completed the equity change registration for the debt-to-equity swap involving Heilongjiang Hengyang Cattle Industry Co., Ltd. as part of its bankruptcy restructuring process [1][2]. Group 1: Company Actions - The company's wholly-owned subsidiary, Qiqihar Hengyang Food Processing Co., Ltd., along with Foresun (Latin-America) Investment and Holding, S.L., signed an agreement in 2017 to acquire 100% equity of Lirtix S.A. and Rondatel S.A. from Pacific Ocean Cattle Holdings Limited [1]. - Due to the failure to meet performance commitments from 2017 to 2019, the counterparties, Pacific Ocean Cattle and Hengyang Cattle, are required to compensate with cash amounting to $12.671 million [2]. - The company filed a claim for its debts after Hengyang Cattle entered bankruptcy restructuring, with the Qiqihar Intermediate People's Court confirming 15 claims on December 10, 2021 [2]. Group 2: Progress Updates - On February 26, 2026, the company received a notice regarding the completion of the equity change registration for Hengyang Cattle's debt-to-equity swap [3]. - The actual capital of Hengyang Cattle is 225.6012 million yuan, with the company's subsidiary holding a corresponding equity investment [3]. - The court issued an execution assistance notice to the market supervision bureau on January 8, 2026, due to the need for certain shareholders to wait for auction completion to finalize their shareholding [3]. Group 3: Impact on the Company - The company is currently unable to accurately measure the impact of the debt-to-equity swap on its profits, as Hengyang Cattle has not yet resumed operations and the fair value of the involved equity is not reasonably obtainable [4].