NEW JCM: Signed an "Execution and Settlement Agreement" with Huijin New Machine, reducing debt to 182 million yuan
NEW JCM announced that the company has signed an "Execution and Settlement Agreement" with Huijin New Machine, reducing the original debt amount of 259 million yuan to 182 million yuan, lowering the interest rate and extending the repayment period, with installment payments to ease repayment conditions. After the agreement takes effect, both parties agree to treat 182 million yuan as the principal debt, calculating interest at an annual rate of 10%, to be repaid by March 25, 2028. The company's actual controller, Li Liping, and her spouse provide free guarantees, holding 47.7327 million shares of NEW JCM as collateral. This transaction constitutes a related guarantee but does not involve a major asset restructuring. This debt restructuring helps reduce the company's debt costs and alleviate short-term repayment pressure. The company still has multiple overdue debts, and investors should be aware of the risks
