Xinjiang La Chapelle Fashion Co., Ltd. Class H (HK:6116) has released an update.
Xinjiang La Chapelle Fashion Co., Ltd. is actively undergoing bankruptcy reorganization after being unable to meet its debt obligations, with the relevant court extending the deadline for the draft reorganization scheme to 12 August 2024. The company, in collaboration with appointed administrators, is working towards streamlining the reorganization process. A new administrator has been assigned by lottery to ensure the reorganization proceeds in an orderly fashion.
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