Fantasia Holdings Group Co., Limited (FANTASIA) has confirmed the satisfaction of a key prerequisite for its offshore debt restructuring. On 16 July 2026, the company secured the National Development and Reform Commission’s (NDRC) regulatory approval—fulfilling paragraph (d)(i) of the restructuring conditions outlined in its Schemes of Arrangement.

With this milestone achieved, FANTASIA has designated 30 July 2026 as the “Restructuring Effective Date.” The implementation remains contingent on the completion or waiver of all remaining conditions stipulated in the Schemes.

The current notice follows an extensive series of announcements and circulars issued since January 2023, detailing the progress of negotiations with scheme creditors and other stakeholders on the restructuring of FANTASIA’s offshore financial indebtedness.

Management reiterated gratitude to creditors and stakeholders for their support and highlighted that the restructuring is still subject to final conditions. Investors are advised to remain vigilant and seek professional guidance when dealing in the company’s securities.