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*ST交投:重整草案亮点多 经营质效改善可期
Zhong Zheng Wang· 2025-08-08 14:31
一是出资人权益调整方案兼顾各方利益。根据《重整草案》,按照每10股转增14.50股的比例实施资本 公积转增股本,转增股份将用于引入重整投资资金、抵偿债务及补充流动性。同时,《重整草案》提 出,重整完成后,上市公司的基本面预期将发生根本性改善,财务和经营状况预期将得到改善,广大中 小投资者的合法权益将得到有效保护。 《重整草案》充分考虑到股东与债权人利益的平衡。一方面,转增股本虽稀释原有股权,但重整可以有 效化解公司风险、优化财务结构、提升经营质量,既避免"退市"损害股东持股利益,又增强了股东未来 的持股价值。另一方面,*ST交投重整引入新的投资者将有效改善公司治理结构。产业投资人36个月锁 定期的设置,凸显产业投资人对上市公司长期发展的信心。财务投资人涵盖央企、国企、民企,股东结 构多元化;锁定期差异化设置12个月、15个月、18个月及24个月,缓解市场集中减持压力。 二是债务清偿方案兼顾不同类型债权人诉求。从《重整草案》来看,*ST交投仅有财产担保债权和普通 债权两类债权。债权清偿方案中,对有财产担保债权未进行调整,仍按照原相关协议正常履行;对普通 债权采取"50万元以下部分全额现金清偿+50万元以上部分赋 ...
ST东时: 关于公开招募重整投资人的公告
Zheng Quan Zhi Xing· 2025-07-11 16:25
Group 1 - The company is undergoing a pre-restructuring process to address debt risks and non-operational fund occupation issues, aiming to avoid delisting risks and maximize the interests of creditors and minority shareholders [1][2][3] - The company has a non-operational fund occupation balance of approximately 387 million yuan, primarily through equipment procurement and accounts receivable factoring [1][5][21] - The pre-restructuring management will publicly recruit and select restructuring investors based on legal and market principles [3][6] Group 2 - The company was established on August 12, 2005, and is listed on the Shanghai Stock Exchange, with business operations including driver training, sales of daily necessities, and electric vehicle charging infrastructure [3] - The recruitment of restructuring investors aims to introduce strong investors to provide additional funds and resources, assisting the company in resolving its debt crisis and restoring its value [3][4] - Interested investors must meet specific criteria, including being legally established entities with good credit status and sufficient financial capability [7][8] Group 3 - The recruitment process includes several stages: registration, preliminary review, due diligence, submission of investment proposals, and selection of investors [14][15][16] - Investors must pay a registration deposit of 30 million yuan and a selection deposit of 70 million yuan, which will be used to address non-operational fund occupation issues if selected [16][18] - The company is currently under investigation by the China Securities Regulatory Commission for suspected violations of information disclosure laws [21]
东方集团涉嫌重大财务造假!证监会刚刚发声
21世纪经济报道· 2025-02-28 15:36
Core Viewpoint - The China Securities Regulatory Commission (CSRC) has announced the ongoing investigation into Oriental Group for serious financial fraud, which may lead to mandatory delisting due to significant violations of regulations [1][2]. Group 1: Investigation and Financial Misconduct - The CSRC initiated an investigation into Oriental Group on June 20, 2024, revealing that the financial information disclosed from 2020 to 2023 is severely inaccurate, indicating major financial fraud [1]. - The CSRC emphasizes that financial fraud by listed companies severely harms investor interests and will enforce strict penalties for such misconduct [1][2]. - Oriental Group has acknowledged the risk of mandatory delisting due to significant violations of the Shanghai Stock Exchange listing rules [1][2]. Group 2: Restructuring and Financial Condition - Oriental Group is at risk of not meeting the conditions for restructuring, as it has been under investigation and faces potential mandatory delisting, which disqualifies it from being considered for restructuring value [2]. - The company previously used 629 million RMB of idle raised funds to temporarily supplement its liquidity, but due to tight cash flow, it is expected to be unable to return these funds to the designated account on time [2].