ST medium-term plan: The draft reorganization plan includes a 9.9 billion increase in shares.
In the reorganization plan outlined in the ST announcement, with a total share capital of 960 million shares as of September 19, 2025 as the base, a capital reserve will be utilized to increase the share capital by approximately 10.31 shares for every 10 shares, resulting in a total increase of 990 million shares. After the increase, the total share capital of the company will rise to 1.95 billion shares. Of these, 740 million shares will be used to introduce restructuring investors, while 250 million shares will be used to repay company debts. The cash consideration paid by the restructuring investors will be used to settle various debts, bankruptcy expenses, and all cash outflows, as well as supplement the company's working capital post-restructuring.
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