Sunac respond to "liquidation": the radicals of a single creditor do not affect the promotion of the company's operation and debt reorganization

According to market news, the creditors Chen Huajun submitted a clearing of Sunac's liquidation on September 7, and the hearing time was set at 9:30 am on November 16.

"As of now, the company has not received the relevant liquidation." Sunac's response said that the liquidation behavior was the radicals of a single creditors, which accounted for a small proportion of the holdings of the creditors.It is also yet to be demonstrated and court hearing for the legal validity of the law that failed to directly initiate the liquidation of the liquidation. The company will take all measures to defend.This liquidation does not have a substantial impact on the company's production operation and promotion of debt restructuring.

It is understood that the development of Sunac has begun to actively communicate the preliminary reorganization plan with the creditors group consultant. At present, a large part of the creditors expressed support for the company's debt restructuring. The company plans to announce the reorganization plan for external and external in 2022.The company will continue to strive to maintain stability of operations to achieve creditors recover claims as soon as possible.

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