Core Viewpoint - The company, Tsinghua Tongfang Co., Ltd., is undergoing a pre-restructuring process as mandated by the Yichang Intermediate People's Court, which has appointed a temporary management team to oversee the proceedings [1] Group 1: Company Announcement - On September 24, 2025, the Yichang Intermediate People's Court issued a decision to initiate pre-restructuring for Tsinghua Tongfang Co., Ltd. [1] - The company has issued a notice to all creditors, including bondholders, regarding the declaration of claims during the pre-restructuring period [1] - The company is actively cooperating with the temporary management team to advance the pre-restructuring procedures [1] Group 2: Bond Issuance Details - The company issued the 2016 Third Phase Medium-Term Notes on November 10, 2016, with a total issuance amount of 500 million yuan [2] - The bond has a fixed interest rate of 7.53% and a maturity period of 5+N years, with the next interest payment scheduled for November 14, 2025 [2][3] - The bond allows for the deferral of interest payments, which can be postponed to the next payment date without any limit on the number of deferrals [3] Group 3: Interest Payment Deferral - The company plans to defer the interest payment for the bond until November 14, 2025, due to its current financial situation [2] - The deferral does not constitute a failure to pay interest as per the bond's terms, and interest during the deferral period will accrue at the bond's stated rate [3] - The company will adhere to relevant regulations and ensure proper information disclosure regarding the bond's repayment [3]