XPH: Guangzhou Intermediate People's Court agrees to the company's pre-restructuring and appoints a temporary administrator
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XPH announced that the Guangzhou Intermediate People's Court has agreed to a 3-month pre-restructuring and has appointed King & Wood Mallesons (Guangzhou) and Guangdong Dongfang Kunlun Law Firm as temporary administrators. This decision does not represent the formal acceptance of Jinglong Construction's restructuring application by the Guangzhou Intermediate People's Court, and there remains uncertainty regarding the initiation of the restructuring process
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