On December 17, Jin10 Data learned that the overseas creditor group of Oceanwide Holdings held a conference call recently and announced that the group has developed an alternative plan. The group called on creditors to support the alternative plan in writing. Nian Lidah, the group's legal adviser, stated that the alternative plan aims to achieve a more fair price distribution between shareholders and creditors. This will show the UK court that even if the hypothetical and main principles in the FTI report submitted by the company are adopted, there is an alternative and more practical and fair restructuring plan that can be implemented or used as the basis for constructive dialogue with the company. The group also emphasized that the alternative plan is practical and fair, which shows that the company cannot pass the "no worse off" test, so the court cannot use the power of cross-group approval to approve the restructuring plan.