The Shenzhou High Speed Rail announcement stated that the company plans to restructure debts with Shenzhou Tengxin. In 2019, the company transferred shares to Shenzhou Tengxin. The other party still hasn't paid 36.149,000 yuan. After litigation and enforcement, the settlement has not yet been completed. After this restructuring, the debt was converted into two parts: cash settlement of 26 million yuan and debt transfer. The cash was paid in stages, and the debt was transferred to claims related to Shenzhen Berlihao Industrial. The agreement establishes collateral and guarantee guarantees, and if the conditions are met, the company will be exempted from debt. The company has fully charged the bad debts. The restructuring is expected to have a positive impact. The transaction is uncertain, and the company will supervise the execution of the contract and disclose information.

The Shenzhou High Speed Rail announcement stated that the company plans to restructure debts with Shenzhou Tengxin. In 2019, the company transferred shares to Shenzhou Tengxin. The other party still hasn't paid 36.149,000 yuan. After litigation and enforcement, the settlement has not yet been completed. After this restructuring, the debt was converted into two parts: cash settlement of 26 million yuan and debt transfer. The cash was paid in stages, and the debt was transferred to claims related to Shenzhen Berlihao Industrial. The agreement establishes collateral and guarantee guarantees, and if the conditions are met, the company will be exempted from debt. The company has fully charged the bad debts. The restructuring is expected to have a positive impact. The transaction is uncertain, and the company will supervise the execution of the contract and disclose information.