ST Zhang shares: Every 10 shares in the restructuring plan will be converted into 10 shares.
ST Zhang Stock Announcement: The company's restructuring plan involves increasing the capital reserve by issuing 10 new shares for every 10 existing shares. The current total shares are 405 million, and after the increase, the total shares will be 810 million. Of the newly issued shares, 366 million will be used to bring in reorganization investors, who will provide funds totaling 1.586 billion yuan; 38.8177 million shares will be used to repay debts at a price of 20 yuan per share.
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