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JIYUE Auto’s Merger and Restructuring Application Gets the Green Light
8 hour ago /
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Author：小编
On April 30th, sources with inside knowledge revealed that certain affiliated companies of JIYUE Auto have recently obtained a decision regarding their restructuring application. This decision authorizes substantive consolidation and restructuring. Prior to this, JIYUE Auto had embarked on pre-restructuring initiatives, with objectives including attracting new investors, protecting the rights and interests of after-sales service, and rejuvenating assets. The approval of this application signifies JIYUE Auto's shift into judicial restructuring, a move designed to facilitate resource integration through legal channels.
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