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ST Sunwin Intelligent Progresses with Creditor’s Rights and Debt Restructuring, Inks Acceptance, Settlement, and Payment Pact
2 day ago /
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Author：小编
On September 11, ST Sunwin Intelligent conducted a thorough review and subsequently approved the "Proposal on the Company's Creditor’s Rights and Debt Restructuring." The following day, the company issued an announcement detailing the "Acceptance, Settlement, and Payment Agreement" it had forged with Guizhou Nanzhi Yungu concerning the Guizhou Province (Anshun) Data Center Construction Project. This pact is strategically designed to streamline the project's acceptance and operational processes, establish precise payment timelines, and introduce incentives aimed at accelerating the collection of outstanding receivables, thereby easing the financial strain on the company.
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