$Dongyue Group (00189.HK) $It was announced that the Beijing Municipal No. 1 Intermediate people's Court has accepted the application for bankruptcy reorganization submitted by Hunan Fortune Holdings to the company's main stock holding company, involving a total of 30 million yuan of interest added by the people because the holding company is unable to repay its due payments. however, the new holding company has the possibility of reorganization and the value of restructuring.

At present, the new holding company has about 23.1% of the total shares in the company, and the most beneficial person is Fu Jun, the executive director of the company.

Luoyue set strong, set business health, business conditions to maintain a solid. Sinopec Holdings is not a customer or supplier of the market, and the application for restructuring is not submitted to the group or its assets. The reorganization process is now in a preliminary stage, and its results are uncertain and may lead to a change in the company's shareholding rights. The company will continue to evaluate and restructure the ongoing impact of the fair.