Summary by Moomoo AI
LONGQUANG GROUP LIMITED (THE “COMPANY”) ANNOUNCED ON 26 MARCH 2024 THAT THE CREDITOR SUPPORT AGREEMENT REACHED WITH THE CREDITOR SUPPORT GROUP REACHED WITH THE CREDITOR GROUP HAD BEEN SIGNED BY BONDHOLDERS HOLDING MORE THAN 77.8% OF OUTSTANDING PRINCIPAL ON EXISTING NOTES, PURSUANT TO THE ANNOUNCEMENT ON 12 JANUARY. The Company is grateful for the support of the note holders and will issue further announcements on other overseas debt arrangements in due course. The announcement was made by the Chairman of the Company, Mr. Ji Haipeng.