Yuzhou Group’s Debt Restructuring Milestone Achieved

Yuzhou Group Holdings Co., Ltd. (HK:1628) has released an update.

Yuzhou Group Holdings Co., Ltd. has reached a major milestone in its offshore debt restructuring, with both the Hong Kong (HK) and Cayman courts sanctioning the proposed schemes as of October 4, 2024. This step is crucial to the implementation of the company’s restructuring plans, and the company has expressed gratitude for the support from stakeholders and advisors. Shareholders are cautioned to seek professional advice and not to rely solely on the information in the announcement.

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