Redemption of 80% of the principal, CITIC Trust Guizhou Zhengxin's overdue product plan was approved by the beneficiaries' meeting through voting
2024-04-10 04:00:43
On April 10th, the voting results of the beneficiaries meeting of two overdue products from Guizhou Zhengxin of CITIC Trust were announced, both of which were approved. Overall, it can be summarized as paying 80% of the principal and exempting all interest. According to the trust contract, the beneficiary meeting can only be held when more than half of the beneficiaries representing the trust unit participate; More than two-thirds of the voting rights held by the beneficiaries attending this beneficiaries meeting are passed, and each trust unit held by the beneficiaries corresponds to one vote. Therefore, the voting results of CITIC Zunyi State owned Assets Trust and CITIC Minfeng 53 were both passed. The scale of the aforementioned trust products exceeds 600 million. CITIC Zunyi State owned Assets Trust and CITIC Minfeng 53 are both political and credit products that have been overdue for many years, and the borrowers are all from Zunyi Urban Investment Company.
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