CHINA HUAJUN GP(00377): Arrange a plan to obtain the approval of the majority of the creditors required for the plan.

CHINA HUAJUN GP (00377) has issued an announcement stating that a meeting is planned to be held on February 25, 2025, with the aim of considering and approving (whether or not approved by the High Court and subject to modifications or conditions) the arrangements proposed between the company and the company's scheme creditors. A total of 33 scheme creditors holding scheme claims totaling HK$739 million are set to vote at the scheme meeting (voting scheme claims), either in person or by electronic appointment of authorized representatives or agents. 23 scheme creditors (accounting for 69.70% of the total number of scheme creditors present at the scheme meeting and voting), holding a total of HK$714 million in voting scheme claims (accounting for 96.72% of the total value of the voting scheme claims), have voted in favor of the arrangement plan. Therefore, the arrangement plan has obtained the necessary majority vote approval from the scheme creditors.