The number of SUNAC's domestic creditors is large and their structure is complex. Within 7 working days, 2 domestic debt restructurings were approved, reflecting the creditors' recognition of the plan," said a person close to SUNAC. "The biggest feature of SUNAC's restructuring plan is that there are various restructuring methods available for creditors to choose from, allowing them to select the most suitable approach based on their financial characteristics," said Liu Shui, Chief Research Director of the Enterprise Research Institute. He stated that the program can reduce the scale of debt and significantly extend the debt repayment period, which is beneficial for repairing the company's balance sheet and creating conditions for an improvement in the company's operating fundamentals. It is understood that SUNAC is one of the first real estate companies in the industry to propose a comprehensive solution for domestic debt. Prior to this, the industry had experienced a series of debt reduction explorations, including debt extension, debt restructuring, reverse mixed reform, and bankruptcy reorganization, among which debt extension was the first choice for most real estate companies in reducing debt production. (Securities Daily)