Logan Group Co. Ltd. announced that its onshore debt restructuring plan has been approved by the relevant creditors. This plan involves the restructuring of 21 onshore corporate bonds and asset-backed securities issued by its subsidiary, Shenzhen Logan Holdings Co., Limited. The approved restructuring proposal includes options such as full conversion into designated assets, asset-for-debt swap, cash repurchase, and equity economic rights. The company will now proceed to facilitate bondholders in selecting and receiving allocations of these restructuring options. This development marks a significant step in Logan Group's efforts to address its financial challenges and optimize its debt structure.