Zhejiang Weihai Holding Group Co., Ltd. (hereinafter referred to as "the controlling shareholder" or "Weihai Holding"), the controlling shareholder of Zhejiang Weihai Construction Group Co., Ltd. (hereinafter referred to as "the company"), claimed in August 2020 that it was unable to pay off its debts due, its assets were insufficient to pay off all its debts, and it obviously lacked the solvency, so it had the value of reorganization and rescue, and the reorganization was highly feasible. On June 26, 2020, Ningbo Intermediate People's Court ruled to accept the application for bankruptcy reorganization of Weihai Holdings, and appointed Beijing Zhonglun (Shanghai) Law Firm, Zhejiang Boning Law Firm and Zhonghui Certified Public Accountants (special general partnership) as bankruptcy administrators (hereinafter referred to as "administrators"); In March, 20021,the People's Court of Ningbo High-tech Industrial Development Zone ruled that Zhejiang Weihai Clean Energy Investment Co., Ltd., Ningbo Ge Rui Trading Co., Ltd., Zhejiang Weihai Trading Co., Ltd., Zhejiang Guan Jun New Materials Co., Ltd., Ningbo Gaoan Trading Co., Ltd., Ningbo Langzuo Trading Co., Ltd. and Zhejiang Weihai Holding Group Co., Ltd. (hereinafter referred to as "eight companies") were merged and reorganized. Later, the court ruled that the deadline for eight companies including Weihai Holdings to submit the draft reorganization plan was extended to 202165438+February 3. Please refer to the company's disclosures on August 26th, 2020, 3 1, 12, February 26th, 2026, 202 1, March 22nd, May 9th and September 4th.
On February 1, the manager of Weihai Holdings finally decided to submit only Ningbo Shunnong Group Co., Ltd., China Orient Asset Management Co., Ltd. Shenzhen Branch and Ningbo Yuan Zhen Investment Management Co., Ltd. as joint restructuring investors. Subsequently, the manager of Weihai Holding Company informed all creditors to attend the second creditors' meeting on February 24, 2002165438+the bankruptcy case of substantive merger of eight companies including Zhejiang Weihai Holding Group Co., Ltd. For details, please refer to the Announcement on the Progress of Bankruptcy and Reorganization of Controlling Shareholders disclosed by the company on February 4th and 4th, 20021year on Juchao Information Network.