Sep 27, 2021 07:10 PM (GMT+8) · EqualOcean
Financial Associated Press, September 27, * ST HNA disclosed the restructuring plan (Draft). HNA holdings increased about 16.437 billion shares by 10 to 10, of which no less than 4.4 billion shares were introduced to strategic investors at a certain price. Part of the share transfer price was used to pay the restructuring expenses and pay off relevant debts of 11 companies, and the rest was used to supplement working capital to improve the company's operating capacity; About 12.037 billion shares were paid off to some creditors of the 11 companies at a certain price to pay off the corresponding debts, so as to resolve the debt risks of the 11 companies, preserve operating assets and reduce the asset liability ratio.