On October 18, Guolunhui announced that avcon information technology (300074.SZ) plans to implement a debt restructuring transaction with Ping An Construction Center in Tongren High-tech Industrial Development Zone, a subsidiary of the Management Committee of Tongren High-tech Industrial Development Zone in Guizhou. The Management Committee of Tongren High-tech Industrial Development Zone in Guizhou has authorized Ping An Construction Center in Tongren High-tech Industrial Development Zone to handle all matters related to this debt restructuring. The above-mentioned transaction party does not have any relationship with the listed company or the top ten shareholders of the listed company in terms of property rights, business, assets, debts, personnel, etc., nor are there any other possible or existing relationships that may cause the listed company to favor its interests.
After friendly negotiations, Tongren Huaping plans to sign a "Debt Release Agreement" with Ping An Construction Center in Tongren High-tech Industrial Development Zone. The main contents are as follows: Tongren Huaping agrees to reduce 50.3% of the unpaid project payment of 10,076,000 yuan, which is 5,076,000 yuan, and finally determines that the remaining project payment to be paid is 5,000,000 yuan. Tongren High-tech Industrial Development Zone Ping An Construction Center has committed to fully pay the company by October 31, 2024.
There is still uncertainty as to whether the debt restructuring can be successfully completed, investors are advised to pay attention to investment risks. If the debt restructuring proceeds smoothly, it is expected to have an impact on the company's 2024 net income of 2,947,300 yuan (the specific accounting treatment and the amount of impact are subject to the results confirmed by the annual audit of the accountant), representing the reversal of accumulated bad debt provisions and related expenses.
