TCL Technology: NBSS's restructuring plan was not approved by the creditors' meeting

TCL Technology announced that the draft restructuring plan of NBSS Group Co., Ltd. was not approved by the creditors' meeting, and the subsequent administrator will continue to promote the restructuring work. There is uncertainty regarding whether the plan can ultimately be approved and sanctioned by the court, and the restructuring investment may be terminated due to failure to meet the conditions of the agreement, making the possibility of successful restructuring unclear