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Zhengrong Real Estate plans to restructure its domestic bonds. According to reports, from August 13 to August 27, nine corporate bonds and asset-backed securities, including “H20 Zhengrong 2,” with a holding amount of 6.614 billion yuan, will hold a bondholders' meeting to review the restructuring plan and two proposals to exempt from multiple conference procedures. Regarding the adjustment of the principal and interest payment arrangement, the bill shows that with July 31, 2026 as the reference date, the payment period for all outstanding principal amounts of the bond will be adjusted to 8.5 years from the base date, and the new maturity date is January 31, 2035. At the same time, from the base date, capitalized interest is no longer included in the principal amount. The remaining principal amount is accrued at a simple interest rate of 1% per annum, and the profit is paid off with the principal amount. The principal amount is paid in 8 installments. The latest payment date is from April 30, 2033 to January 31, 2035. The principal payment ratios for each instalment are 5%, 5%, 10%, 15%, 20%, and 20%, respectively. When the principal amount is paid in each instalment, the interest as of the reference date and the new interest after the base date corresponding to the principal amount are settled at the same time.

Zhitongcaijing·08/12/2026 13:41:28
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Zhengrong Real Estate plans to restructure its domestic bonds. According to reports, from August 13 to August 27, nine corporate bonds and asset-backed securities, including “H20 Zhengrong 2,” with a holding amount of 6.614 billion yuan, will hold a bondholders' meeting to review the restructuring plan and two proposals to exempt from multiple conference procedures. Regarding the adjustment of the principal and interest payment arrangement, the bill shows that with July 31, 2026 as the reference date, the payment period for all outstanding principal amounts of the bond will be adjusted to 8.5 years from the base date, and the new maturity date is January 31, 2035. At the same time, from the base date, capitalized interest is no longer included in the principal amount. The remaining principal amount is accrued at a simple interest rate of 1% per annum, and the profit is paid off with the principal amount. The principal amount is paid in 8 installments. The latest payment date is from April 30, 2033 to January 31, 2035. The principal payment ratios for each instalment are 5%, 5%, 10%, 15%, 20%, and 20%, respectively. When the principal amount is paid in each instalment, the interest as of the reference date and the new interest after the base date corresponding to the principal amount are settled at the same time.