Zhitong Financial APP News, * ST Newtextile (002087.SZ) notice, on July 17, 2023, the company received the "decision letter" ((2023) Yu 13 Breaking Shen 39) and the "notice" ((2023) Yu 13 Breaking Shen 39) served by the Nanyang Intermediate people's Court, and the Nanyang Intermediate people's Court decided to pre-restructure the company.
The Nanyang Intermediate people's Court decided to pre-restructure the company, which is conducive to starting the declaration and examination of creditor's rights, asset investigation, audit evaluation and other work in advance. It is beneficial for the company to communicate and consult in advance with the broad masses of creditors and investors who intend to restructure, comprehensively grasp the feedback and approval of all parties on the reorganization matters, and formulate the reorganization plan as soon as possible according to the actual situation of the company. Improve the success rate of follow-up restructuring and the efficiency of related restructuring.