sino-ocean gp announced on August 22, 2024, that its overseas debt restructuring is progressing smoothly, with holders of 72.5% of Class A debt joining the restructuring support agreement. The company stated that the majority of other creditors also support this restructuring plan and are undergoing internal procedures to join. In order to provide convenience to creditors who need additional time to complete the joining process, the company has extended the deadline for the basic consent fee from August 22, 2024, to September 10, 2024. In addition, creditors who joined the agreement before August 8 will receive an early consent fee, while creditors who join within the extended deadline will be eligible for the basic consent fee. The company encourages creditors who have not signed the agreement to review and join the restructuring support agreement as soon as possible, and reminds investors to pay attention to official news releases.

sino-ocean gp announced on August 22, 2024, that its overseas debt restructuring is progressing smoothly, with holders of 72.5% of Class A debt joining the restructuring support agreement. The company stated that the majority of other creditors also support this restructuring plan and are undergoing internal procedures to join. In order to provide convenience to creditors who need additional time to complete the joining process, the company has extended the deadline for the basic consent fee from August 22, 2024, to September 10, 2024. In addition, creditors who joined the agreement before August 8 will receive an early consent fee, while creditors who join within the extended deadline will be eligible for the basic consent fee. The company encourages creditors who have not signed the agreement to review and join the restructuring support agreement as soon as possible, and reminds investors to pay attention to official news releases.