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Is there any progress in the reorganization of Chenyang Group?

Progress has been made in the restructuring of Chenyang Group. According to Sohu. Com, on June 9, 2023, Chenyang Group held the second creditors' meeting, at which the "Restructuring Plan of Hebei Chenyang Industry and Trade Group Co., Ltd. (Draft)" was announced, which marked substantial progress in the judicial reorganization of Chenyang Group.