Xinjiang La Chapelle Fashion Co., Ltd. Class H (HK:6116) has released an update.
Xinjiang La Chapelle Fashion Co., Ltd. is undergoing a bankruptcy reorganisation process, with the court extending the deadline for the draft reorganisation scheme to 12 August 2024. The company has been actively cooperating with the newly appointed administrator, JunHe LLP, Shanghai Office, to ensure an orderly reorganisation. This follows a series of legal and financial challenges that led to the need for restructuring.
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