Opinion Real Estate Network News:On November 25, Aoyuan Group Co., Ltd. issued an announcement on recent major issues.
Point of view real estate new media learned that on November 19, 2021, Zhongshan Securities acted as the special program manager of Zhongshan Securities-Ultron II asset support program, and the total amount of redemption of the bond was 816 million yuan. It convened a meeting of securities holders to vote and adopted the motion on agreeing to exempt the convener of this meeting of holders from notifying all holders of asset-backed securities by mail, mail or fax 15 working days in advance. "the motion on agreeing that the exemption manager or other convener shall issue a notice for convening the holders' meeting at least five trading days prior to the holding of the holders' meeting" and "agreeing to change the priority asset-backed securities open exit procedure and payment plan" three motions. Accordingly, holders of Ultron II asset-backed securities have approved an extension of the redemption date.
In addition, on November 23, 2021, Yunnan International Trust Co., Ltd. was the manager of targeted asset-backed notes for the supply chain accounts payable of Shenzhen Qianhai Rongtong Commercial factoring Co., Ltd. the first meeting of asset-backed bill holders was held in 2021. The meeting voted and adopted the motion on agreeing to simplify the convening procedure of the holders' meeting and exempting the selection of two representatives of voting holders of asset-backed bills as supervisors, and on agreeing to request Orchard Group Co., Ltd. to accept some of the asset-backed bills, the bill on agreeing to the time limit of the product, the adjustment of the payment plan, and increasing the credit enhancement mechanism and the optimal repayment commitment, etc., There are four motions on agreeing to inquire about the change of distribution order and other matters.
It is also learned that on November 22nd, the controlling shareholder of the company, China Aoyuan Group Co., Ltd. (HK.03883), announced that it had engaged Zhong Gang Capital Co., Ltd. as financial adviser and Linklaters as legal adviser to assess the capital structure, financial position, debt and liquidity of China Olympic Park, and to conduct a transparent dialogue with creditors on matters of common interest. The China Olympic Park will closely monitor the situation and provide updates on any major developments as appropriate.
According to the contents of the announcement, Aoyuan Group Co., Ltd. is a public offering of corporate bonds to qualified investors (Phase I) in 2019, to qualified investors in 2020 (Phase I), to professional investors in 2020 (Phase II), and to professional investors in 2021 (Phase I).