Recently, China's leading private higher education institution, Hope Education (stock ticker symbol "Hope Education International Holdings"), has attracted attention due to a convertible bond redemption crisis. Regarding the resulting debt crisis caused by the convertible bond redemption, the reporter contacted relevant personnel from Hope Education, who told the reporter that the hearing for liquidation application has been deferred twice, both times due to lawyers of the creditors. False reports from short-selling institutions and some media have caused a "misunderstanding" between the company and the creditors. The source emphasized that the company did not intentionally default, but was passively caught in the current situation of financial stress. The company is also actively seeking ways to resolve the issue including but not limited to debt restructuring. (Daily Economic News)
民办高教龙头希望教育深陷债务风波 公司再回应：非恶意违约，被动处于资金紧张局面
Private high school leader Hope Edu is deeply involved in debt crisis. The company issued another response: it is not a deliberate breach of contract, but is passively in a tight financial situation.
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