The reorganization plan of 12 companies including Brilliance Group was not approved by the creditors’ meeting

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 According to the news on the Titanium Media App on July 21, according to the National Enterprise Bankruptcy and Reorganization Case Information Network, the voting results of the third creditors' meeting for the substantive merger and reorganization of 12 companies including Brilliance Auto Group Holdings were announced. According to statistics, the common creditors who voted in favor of the "Reorganization Plan (Draft)" had a total of 4,052 votes, accounting for 91.61% of the votes of ordinary creditors present at the meeting, which had exceeded the votes of ordinary creditors with voting rights present at the meeting. The amount of creditor's rights represented by it is 16,517,797,627.62 yuan, accounting for 33.29% of the total ordinary creditor's rights, but not more than two-thirds of the total ordinary creditor's rights. The "Reorganization Plan (Draft)" was not approved by the creditors' meeting.

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