because the relevant tradable shareholders have to pay the relevant price for the company reorganization, the price is 6% of the original shareholding, which leads to the present situation. The relevant situation is as follows:

S*ST Xintai (6728) reorganization plan was approved by the court

S*ST Xintai announced today that the court has approved the company reorganization plan and ruled to terminate the company reorganization procedure. As a result, the company's restructuring plan has also resurfaced.

according to the previously announced investor's equity adjustment plan, the total number of shares involved this time is about 28.18 million, including 81.12 million tradable shares and 127.6 million non-tradable shares. Non-tradable shareholders and tradable shareholders transferred their 9% and 6% shares respectively, totaling 16.326 million shares.

according to the creditor's rights declaration, the company's ordinary creditor's rights amount is about 321.86 million yuan, and the temporary ordinary creditor's rights amount is 5 million yuan, totaling about 326.86 million yuan. According to the settlement plan, part of the creditor's rights below 1, yuan in the ordinary creditor's rights group will be paid off in full. For the 12 creditors whose creditor's rights exceed 1, yuan, * * * is about 325.51 million yuan, and the proportion is not less than 21.77%.

the business plan announced by the company at the same time says that with the settlement of the debt problem, the company will step up the development of new business growth points and enhance profitability on the premise of maintaining the market share of the original telecom voice value-added services, enterprise call center services and video surveillance security services.

It is announced that the company's shares will continue to be suspended, and the resumption of trading will be arranged as soon as possible after the transferred shares are transferred to the manager's account, with an estimated time of no more than one month.