Reorganization plan for the only outstanding corporate bond of Zhongjun Group "H0 Zhongjun 02": repurchase in cash at 18% of face value, with no consent fee.

The reorganization plan for the only surviving company bond under Zhongjun Group's control "H0 Zhongjun 02" has been released. Unpublished documents obtained by reporters show that "H0 Zhongjun 02" will hold a bondholder's meeting from May 11th to May 13th to consider "Proposals on Interest and Principal Repayment Arrangement." "H0 Zhongjun 02" has an issuance scale of 1.46 billion yuan, a remaining scale of 506 million yuan, a coupon rate of 4.5%, and an interest start date of July 1, 2020. According to the results of the previous bondholder's meeting, the remaining principal repayment time for this bond has been adjusted to a period of 36 months starting from July 1, 2024.