platformnft| Shengyuan Holdings (00851): Jianhe Management entered into a settlement agreement with Flourishing, involving US$2.8125 million

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Shengyuan Holdings (00851) announcedPlatformnft, Construction and Management will charge 244% of the Flourishing payment.PlatformnftUSD 220000 and payment to Shengyuan Capital Investment, which transfers all its rights, interests and interests to Flourishing. The announcement pointed out that this repayment arrangement will not have a significant adverse impact on the company's finance and business.

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[Shengyuan Holdings announced the implementation of a repayment agreement, with a total payment of 281PlatformnftHong Kong-based Shengyuan Holdings (00851) recently announced that its subsidiaries Construction and Management, Flourishing and Shengyuan Capital Investment have entered into a repayment agreement. The agreement stipulates that Flourishing will pay US $2.4422 million to CCM by April 26, and will then instruct CCM to pay the same amount to Shengyuan Capital Investment, together with US $370300, as consideration for the transfer of all its rights, interests and interests under the preferential payment arrangement to Flourishing. The announcement also revealed that upon completion of the settlement, CCM will be deemed to have redeemed all the CCB notes subscribed by Flourishing by transferring its subscribed Flourishing Fund and Shengyuan proprietary investment to Flourishing.PlatformnftThe liability for payment of outstanding principal and interest due and payable under the priority payment arrangement. Shengyuan Holdings stressed that the repayment arrangement will not have a significant adverse impact on its group's financial position and business operations. Market watchers believe the deal could send a positive signal to the company's investors in the secondary market and is expected to boost market confidence in its financial soundness.