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Two domestic bonds of Sunac have passed the restructuring vote, and two bonds of Sunac, H6 Rongdi 01 and H0 Sunac 03, have taken the lead in the restructuring vote. The other eight bonds still have two weeks to vote, and the voting results of the overall restructuring of ten bonds will finally be ushered in on December 23rd. Previously, on November 27th, Sunac announced a debt restructuring plan for domestic debt with a total amount of about 15.4 billion, which was divided into four ways: cash tender offer, debt-for-equity swap, debt-for-equity swap and debt retention extension. Compared with other schemes such as bankruptcy reorganization, the arrangement of compulsory debt reduction is more friendly to creditors. An unnamed creditor said that Sunac can truly protect the long-term interests of all creditors and investors only if it resumes healthy operation as soon as possible. (Seeing Real Estate)Textile City: It is planned to sign the Entrusted Operation and Management Agreement with related parties. Textile City announced that the company plans to sign the Entrusted Operation and Management Agreement with Shaoxing Keqiao District Development and Management Group Co., Ltd. In 2023, the amount of daily related transactions between the company and the development and operation group was 4,449,600 yuan, and the estimated amount of daily related transactions in 2024 was 4,750,000 yuan. The renovation cost of the exhibition center is about 50 million yuan. After the renovation, it is estimated that about 200 business rooms can be renovated, and the total income during the 20-year operation period is about 994 million yuan.Textile City: It is planned to sign the Entrusted Operation and Management Agreement with related parties. Textile City announced that the company plans to sign the Entrusted Operation and Management Agreement with Shaoxing Keqiao District Development and Management Group Co., Ltd. In 2023, the amount of daily related transactions between the company and the development and operation group was 4,449,600 yuan, and the estimated amount of daily related transactions in 2024 was 4,750,000 yuan. The renovation cost of the exhibition center is about 50 million yuan. After the renovation, it is estimated that about 200 business rooms can be renovated, and the total income during the 20-year operation period is about 994 million yuan.

Two domestic bonds of Sunac have passed the restructuring vote, and two bonds of Sunac, H6 Rongdi 01 and H0 Sunac 03, have taken the lead in the restructuring vote. The other eight bonds still have two weeks to vote, and the voting results of the overall restructuring of ten bonds will finally be ushered in on December 23rd. Previously, on November 27th, Sunac announced a debt restructuring plan for domestic debt with a total amount of about 15.4 billion, which was divided into four ways: cash tender offer, debt-for-equity swap, debt-for-equity swap and debt retention extension. Compared with other schemes such as bankruptcy reorganization, the arrangement of compulsory debt reduction is more friendly to creditors. An unnamed creditor said that Sunac can truly protect the long-term interests of all creditors and investors only if it resumes healthy operation as soon as possible. (Seeing Real Estate)On December 17th, the M&A Committee of Shanghai Stock Exchange deliberated the issue of purchasing assets by issuing shares of Guolian Securities, and the M&A Committee of Shanghai Stock Exchange is scheduled to hold the 6th review meeting of the M&A Committee in 2024 on December 17th, 2024 to consider the issue of Guolian Securities Co., Ltd. (issuing shares to purchase assets).President Lukashenko of Belarus: There are about 30 locations in Belarus where Oreshnik missiles can be deployed.

Haineng Industry: The controlling shareholder intends to reduce the company's shares by no more than 3%. Haineng Industry announced that Mr. Zhou Hongliang, the controlling shareholder, actual controller and chairman of the company, plans to reduce the company's shares by no more than 7,835,800 shares through centralized bidding and block trading from January 1, 2025 to March 31, 2025, accounting for 3% of the share capital after excluding the company's repurchase special account. Among them, it is planned to reduce the holding of no more than 2,611,900 shares through centralized bidding, accounting for 1% of the share capital after excluding the company's repurchase special account; It is planned to reduce its holdings by no more than 5,223,900 shares through block trading, accounting for 2% of the share capital after excluding the company's repurchase special account. Mr. Zhou Hongliang currently holds 136 million shares of the company, accounting for 52.10% of the share capital after excluding the company's repurchase special account. Due to the shareholders' own capital demand, this reduction will not lead to the change of the company's control rights, nor will it affect the company's governance structure and going concern.In the first 11 months of this year, the national railway construction made a new breakthrough. Since this year, the construction of railway projects in many places in China has made a new breakthrough. The reporter learned from China National Railway Group Co., Ltd. that from January to November this year, the national railway completed fixed assets investment of 711.7 billion yuan, up 11.1% year-on-year, and the construction of modern railway infrastructure system was promoted with high quality, which gave full play to the effective driving role of railway investment in the whole society. Recently, a number of railway projects have been opened or will be opened soon: the Milan-Ruoqiang section of Lop Nur-Ruoqiang Railway has been opened for operation; Shanghai started trial operation via Suzhou-Huzhou high-speed railway, Jining via Datong-Yuanping high-speed railway, and Huairou-Daxing intercity railway from Langfang North to Daxing Airport. At the same time, the railway department promoted railway construction with high quality and efficiency, strengthened safety, quality, environmental protection and investment control, and made positive progress in a number of key projects. (Xinhua News Agency)International Air Transport Association: The passenger flow of the global aviation industry is expected to reach a record in 2025. The largest lobbying group in the industry said in its annual forecast that the net profit of the global aviation industry will reach 36.6 billion US dollars in 2025, driven by the record number of 5.2 billion passengers. According to the International Air Transport Association, this expectation means an increase of 16% compared with the data in 2024. The profit margin of this industry will be 3.6%, higher than 3.3% in 2024. The industry organization said that falling oil prices and increasing demand will boost profitability, while the potential tariffs and trade wars of the incoming Trump administration may damage the prospects of the industry.