Lu Jin Overseas Debt Restructuring Progress: Holders have differing opinions, with holders opposing the company's new proposal forming a new AHG.

date
03/04/2026
According to informed sources, during the restructuring process of Lu Jin's overseas debt, there has been a split in opinions among AHG. Two holders of existing unpaid principal amounting to approximately 15% have agreed to the latest restructuring plan, while the remaining four holders, holding about 10% of the shares, are not satisfied with the current plan. The latter group intends to continue pushing for the liquidation of the company. It is reported that the dissenting group members have appointed new advisors and hope that more holders will join the temporary group.