根据公告，截至9月12日，旭辉集团全部公司债券均已经持有人会议表决通过了债券重组方案的相关议 案。 观点网讯：9月15日，旭辉集团股份有限公司发布关于公司债券停牌的公告。 根据约定，旭辉将于2025年9月12日（全部未偿债券为审议重组议案所召开的债券持有人会议召开完毕 之日）起30个交易日内分别向同意账户兑付并注销其持有的全部未偿债券同意张数的0.2%，为保证相 关工作顺利开展，保证公平信息披露，保护广大债券投资者的利益，根据《上海证券交易所公司债券上 市规则（2023年修订）》等相关规定，经公司申请，公司如下公司债券（以下简称"停牌债券"）自2025 年9月16日开市起停牌。 此次停牌涉及的债券包括"HPR旭辉1"、"H20旭辉2"、"H20旭辉3"、"H21旭辉1"、"H21旭辉2"和"H21旭 辉3"，债券代码分别为163539.SH、163540.SH、175259.SH、175762.SH、188454.SH和188745.SH。 免责声明：本文内容与数据由观点根据公开信息整理，不构成投资建议，使用前请核实。 ...

Core Viewpoint - CIFI Holdings has officially launched a comprehensive domestic bond restructuring plan involving seven domestic corporate bonds with a total principal balance of 10.06 billion RMB, following the progress of its offshore debt restructuring [1][2]. Group 1: Restructuring Options - The restructuring plan offers four options for bondholders: 1. **Bond Buyback Option**: CIFI plans to repurchase bonds at 18% of face value, with a cash limit of 200 million RMB, covering a maximum principal of approximately 1.1 billion RMB [1]. 2. **Stock Economic Benefit Rights Option**: This option allows bondholders to convert 100 RMB of bond principal into approximately 68 shares of stock, with a total expected issuance of 680 million shares [2]. 3. **Asset-for-Debt Option**: Bondholders can exchange bonds for trust shares valued at up to 35 RMB per 100 RMB of bond principal, with an estimated acceptance of 6 billion RMB in bonds [2]. 4. **General Debt Option**: This option has no upper limit on the principal and allows bondholders to convert bonds into general debt, with a maturity extension to January 18, 2034, and a reduced interest rate of 1% [2][3]. Group 2: Implications and Market Context - The restructuring reflects CIFI's commitment to resolving debt risks and improving its corporate image, which is seen as a positive step amid a recovering real estate market [3][5]. - The pace of debt restructuring among real estate companies has accelerated in 2024, with other firms like Sunac and Longfor also announcing their restructuring plans [3][5]. - Analysts note that while CIFI's restructuring options are similar to those of other companies, its cash buyback offer demonstrates significant sincerity, positioning it favorably compared to peers [4].