Securities Code: 30009
Securities Abbreviation: Gaoxin Xing
Announcement Number: 2026-044
Gaoxin Xing Technology Group Co., Ltd.
Announcement on Carrying Out Accounts Receivable Debt Restructuring
The Company and the entire Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false records, misleading statements, or significant omissions.
Gaoxin Xing Technology Group Co., Ltd. (hereinafter referred to as the "Company") to effectively resolve issues with some of the Company's accounts receivable and long-term accounts receivable collection, held the Fifth Meeting of the Seventh Board of Directors on July 31, 2026, and deliberated and passed the "Proposal on Carrying Out Accounts Receivable Debt Restructuring." This proposal needs to be submitted to the shareholders' meeting for deliberation. The specific situation is hereby announced as follows:
I. Overview of Debt Restructuring
In recent years, with the continuous implementation of local government debt resolution policies, in order to accelerate the collection of the Company's accounts receivable, reduce operating risks, and improve financial conditions, the Company has actively engaged with relevant customers and plans to accelerate debt collection through debt restructuring.
II. Debt Restructuring Plan
The claims involved in this restructuring are accounts receivable formed by the Company and its consolidated subsidiaries having fulfilled their contractual obligations, but the customers have not yet paid the full amount.
The Company and its consolidated subsidiaries plan to sign relevant agr