Huaxia Happiness Foundation Co., Ltd. announced on May 20crashofthetitansds, the company announced a debt restructuring plan, which aims to implement debt restructuring by optimizing and increasing the equity shares of subsidiary companies. Huaxia Happiness Plan has established a new subsidiary, receiving 30% of each of the "Happiness Select Platform" and the "Happiness Preferred Platform"crashofthetitansdsIn addition, no more than 25% of the equity of "Happiness Select Platform" will be added to pay off the company's financial debts. Relevant financial creditors will exchange claims of no more than 12.5 billion yuan in exchange for the above-mentioned additional equity.
