Super Day First Creditors Meeting To Adopt Property Management Plan

A few days ago, the first creditor meeting of Shanghai super solar Polytron Technologies Inc bankruptcy reorganization was held at super day company. The meeting was convened by the Shanghai intermediate people's court.

　　 Meeting On this occasion, the manager of the super day company informed the "stage work report", "financial analysis report" and "statement of creditor's rights declaration and examination", informing creditors of the verification of the debt statement and notified the ultra day company's property management plan. A total of 708 creditors of the property management scheme agreed by the creditors' meeting, and the creditor's rights amounted to 3 billion 390 million yuan. The property management plan was approved in accordance with the law. At the meeting, the Shanghai intermediate hospital also designated the Agricultural Bank of China, Limited by Share Ltd Shanghai Fengxian branch as the chairman of the creditors' meeting.

Previously, Shanghai In June 26, 2014, the first court decided to accept the case of ultra Japanese company bankruptcy reorganization. On the same day, it appointed the Shanghai branch of Beijing Jin Du law firm and the Shanghai branch of KPMG Hua Zhen accounting firm as the manager of the ultra Japanese company. After accepting the designation, the manager takes over the company's property and business affairs immediately, carries out relevant property investigation and reorganization and promotes the work.

According to the "phased work report" provided by super day company manager, as of this meeting, managers and ultra day companies have raised part of the liquidity needed to restore production needs, and implemented some orders. Ultra day company has gradually resumed some production since the end of July.

At the meeting, the super day company The manager also indicated that the next manager would continue to take the principle of the most conducive to the success of restructuring and protect the interests of creditors, and actively promote the super day company reorganization process, and form a draft of the reorganization plan which is lawful, compliant, feasible, effective and acceptable to all parties, and select a solid reorganization party. He will propose a second meeting of creditors in a timely manner, and submit a draft of the reorganization plan to the creditors' meeting and the sponsor group meeting.