Recently, yuanda Residential Workers announced that Changsha yuanda Residential Industry Group Co., Ltd. decided to apply for bankruptcy reorganization on its own. Recently, the company is facing a serious debt and business crisis, although it has taken a number of self-help measures, but the effect is not obvious. According to the relevant laws and regulations, the company meets the conditions of bankruptcy reorganization, and has the advantages of reorganization value and platform resources.
The Board proposes that the Company apply to Changsha Intermediate People's Court for bankruptcy reorganization and propose to the general meeting to authorize the executive director to deal with relevant matters. An extraordinary general meeting will be held on 29 October 2025 to consider and pass the relevant resolutions. Founded in 2006
, yuanda Residential Industry is the first new manufacturing enterprise approved by the category of "residential industry" in China. yuanda Residence has obtained more than 1300 patents, established eight generations of product systems and technical standards, and laid out nearly 100 production bases nationwide. Its market share in the field of PC prefabricated buildings has been in the forefront of the world for many years, and it has been praised as "the first IPO share of prefabricated buildings in Hong Kong".
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