LOGAN GROUP (03380) announced that, as of the announcement date, cumulative bond face value totaling RMB13.66 billion has been allocated under debt restructuring offers through options including cash repurchase, asset-for-debt swaps under the in-kind settlement model, and specific asset trust arrangements. The allocated bond amount exceeds 62% of the remaining principal of 21 onshore public bonds as of July 10, 2025, marking significant progress in domestic debt restructuring efforts.

The company will continue advancing subsequent restructuring options, with the majority of onshore public bonds expected to be allocated and canceled through follow-up measures such as single-asset trust settlements under the asset-for-debt option, secondary cash repurchases (if applicable), equity conversion options, and pooled asset trust settlements.

This milestone in domestic debt restructuring will fundamentally address the company's debt issues and support the gradual restoration of normal business operations.