Feb 12, 2021 02:07 PM (GMT+8) · EqualOcean
On the last working day of the year of the rat, HNA Group and more than 60 of its first batch of enterprises applied for bankruptcy and reorganization finally received the civil ruling of accepting reorganization issued by Hainan Provincial Higher People's court at the last moment of work, which means that the one-year risk resolution plan will be implemented after the Spring Festival. The reporter learned that the court has appointed the liquidation group of HNA Group as the company's manager, and the first creditors' meeting will be held on the morning of April 12, 2021 through the Internet. According to people close to the working group, after the court accepts the reorganization application, the manager can start the recruitment and negotiation of strategic investors, bring new financial support for the development of the company through the introduction of new strategic investors, and the old shareholders' rights and interests will be adjusted to zero, which means that the former shareholders of HNA Group will lose their equity in HNA Group.