Special Treat Kop (000851.SZ) announced that the company intends to apply for restructuring and pre-restructuring from the competent people's court on the grounds that it cannot pay off its due debts and is obviously lacking in the ability to do so, but has restructuring value. The company hopes to avoid further deterioration of its debt and operating risks, optimize its asset-liability structure, and better protect the legitimate rights and interests of employees, creditors, and investors.
As per the announcement released by Special Treat Kop (000851.SZ), the company intends to apply for restructuring and pre-restructuring from the competent people's court on the grounds that it cannot pay off its due debts and is obviously lacking in the ability to do so, but has restructuring value. The company hopes to avoid further deterioration of its debt and operating risks, optimize its asset-liability structure, and better protect the legitimate rights and interests of employees, creditors, and investors.