Yangzijiang Financial Holding exits Ningbo Shanshan restructuring after creditor rejection

SGX Filings11-06

Yangzijiang Financial Holding announced that its planned participation in the restructuring of Ningbo Shanshan Co. Ltd. has been terminated.

The company said creditors voted against the draft restructuring plan at a recent meeting, leading to the cancellation of its subsidiary Jiangsu New Yangzi Commerce & Trading Co., Ltd.’s proposed investment in Ningbo Shanshan.

Yangzijiang Financial Holding added that the decision is not expected to have any material adverse impact on the group. The update was released on Nov, 6 2025.

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