Rongsheng Development (002146.SZ) plans debt restructuring to resolve approximately RMB 3 billion equivalent of USD bond principal and corresponding interest

Zhitong Finance APP News, Rongsheng Development (002146.SZ) issued an announcement that its wholly-owned subsidiary Rongchangda Development (BVI) Co., Ltd. (hereinafter referred to as the "Issuer") issued two USD bonds overseas in 2022 (hereinafter collectively referred to as the "Underlying Bonds"), which were listed on the Singapore Exchange (SGX-ST). As of September 29, 2026, the outstanding principal balance of the Underlying Bonds was approximately USD 845 million, and the accrued but unpaid interest was approximately USD 89 million.