Gelonghui November 22|Hanhua Financial Holdings (03903.HK) announced that the company's board of directors was informed by Longxin Holdings Co., Ltd. that due to the impact of the COVID-19 pandemic in the early stages of implementation of the restructuring plan, the restructuring plan could not be completed as scheduled. Thirteen enterprise managers, including Longxin Group Co., Ltd., applied to the Fifth Intermediate People's Court of Chongqing to extend the implementation period of the restructuring plan. On November 20, 2023, the Fifth Intermediate Court of Chongqing issued a civil ruling on Chongqing 05 (2022) breaking No. 76, approving an extension of the implementation period of the restructuring plan for six months (until May 21, 2024). The extension of the implementation period of the restructuring plan will not affect the company's daily operations.
瀚华金控(03903.HK)：股东重整计划执行期限延长
Hanhua Financial Holdings (03903.HK): Extension of execution period of shareholder restructuring plan
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