Shandong Molong announced that on December 29, 2025, the company's board of directors passed a debt restructuring bill and agreed to sign a “tripartite agreement” with vegetable wholesale companies and Huarong Agriculture. Previously, after the company transferred Shouguang Maolong's shares, Huarong Agriculture owed 452 million yuan. This time, the vegetable wholesale company used assets worth 362 million yuan to repay 361 million yuan on its behalf. After completion, the balance of Huarong Agricultural's arrears was about 901 million yuan. The transaction does not constitute a related or major asset restructuring. It requires shareholders' meeting review and state-owned approval. If completed, it will help the company to collect payments, stabilize production, reduce costs and increase efficiency, but there is uncertainty about asset transfers and approval.

Shandong Molong announced that on December 29, 2025, the company's board of directors passed a debt restructuring bill and agreed to sign a “tripartite agreement” with vegetable wholesale companies and Huarong Agriculture. Previously, after the company transferred Shouguang Maolong's shares, Huarong Agriculture owed 452 million yuan. This time, the vegetable wholesale company used assets worth 362 million yuan to repay 361 million yuan on its behalf. After completion, the balance of Huarong Agricultural's arrears was about 901 million yuan. The transaction does not constitute a related or major asset restructuring. It requires shareholders' meeting review and state-owned approval. If completed, it will help the company to collect payments, stabilize production, reduce costs and increase efficiency, but there is uncertainty about asset transfers and approval.