Summary · why it matters
ST Huicheng announced that the operating plan for the pre-restructuring reorganization agreement and restructuring plan draft has been finalized. The company will retain its pharmaceutical segment assets and focus on the development of the pharmaceutical industry. The restructuring investor is Zhien Biotechnology, with designated financial investors including Shanyuan Runhe, Chongqing Lizhu, and CICC Pucheng. The total consideration for the restructuring investors' subscription of converted shares is 790 million yuan, to be used for bankruptcy expenses, debt repayment, and subsequent operations. Non-retained assets will be disposed of through the establishment of an enterprise bankruptcy service trust, with the underlying assets having a market value of 616 million yuan and a liquidation value of 258 million yuan. Regarding employee placement, salaries will remain unchanged after the restructuring, and re-employment training will be provided.