輝山乳業準備臨時清盤

China Huishan Dairy, the troubled company whose shares dove 85 per cent in March, is preparing for provisional liquidation after it found net liabilities in China may have totalled Rmb10.5bn ($1.6bn) at that time.

中國的輝山乳業(Huishan Dairy)正準備進行臨時清盤。此前，該公司發現今年3月其在中國大陸的淨負債有可能達105億元人民幣（合16億美元）。

Huishan said in a filing to the Hong Kong stock exchange that it had told its Cayman legal advisors to prepare documentation to place the company into provisional liquidation.

輝山乳業在提交給香港交易所(HKEx)的文件中稱，其已指示公司的開曼羣島法律顧問擬備相關文件，以使公司進入臨時清盤。

The Hong Kong-listed dairy supplier said its board had learned at a November 15 meeting that the net liabilities of the company’s subsidiaries in mainland China “could have been” Rmb10.5bn as of March 31.

這家在香港上市的乳製品供應商表示，其董事會在2017年11月15日召開的會議上了解到，公司在中國大陸的附屬公司截至2017年3月31日的綜合淨負債“有可能達”105億元人民幣。

The company had sought in July to begin restructuring the total $3.9bn in debt it owed by creating a holding company that would include its dairy businesses and assets and divide shares among creditor banks and existing shareholders, “pending the eventual identification of a white knight to recapitalise the newly established group”.

今年7月，輝山乳業曾尋求開始重組其所欠下的總共39億美元債務——擬成立一家控股公司裝入其乳製品業務與資產，該控股公司由債權人銀行和現有股東共同持有，“直至最終尋求到白武士對新成立的集團的資本進行重新調整”。