On July 30th, GeLongHui reported that Shenzhen Wongtee International Enterprise (000056.SZ) signed a debt settlement agreement with Shenzhen Ouchen Enterprise Management Co., Ltd. (hereinafter referred to as "Ouchen" or "creditor") for a settlement amount of RMB 278,759,798.41 to offset relevant debt principal and interest. This transaction does not constitute a related party transaction or a major asset restructuring.
The signing of the "Settlement Agreement" this time is beneficial for resolving the company's debt disputes, can effectively safeguard the legitimate rights and interests of the listed company, and is in the interests of the listed company and all shareholders.