调整后的"15 金鸿债"（债券代码： 112276.SZ） 及"16 中油金鸿 MTN001"（代码：101662006） 债务清偿方案 金鸿控股集团股份有限公司（以下简称"公司"）就"15 金鸿债"（债券代 码：112276.SZ）和"16 中油金鸿 MTN001"（代码：101662006）[以下简称"两 债"]债务逾期后的清偿事宜于 2020 年 8 月制定了第二次清偿方案，并与债权人 签署了清偿协议或和解协议，约定了两种清偿方案，方案一为债务余额及利息在 2020 年 9 月 30 日前一次性清偿，方案二为总债务本金的 55%及相应利息的清偿 展期至 2024 年 6 月 30 日，分别于 2021 年 6 月 30 日、2022 年 6 月 30 日、2023 年 6 月 30 日和 2024 年 6 月 30 日按照 10%、20%、30%、40%的比例清偿。 或者，乙方有权申请恢复与甲方之间已生效的司法文书（包括但不 限于民事判决书或民事调解书等）的强制执行程序，并依照上述司 法文书所确定的债权本金（仅限截至本协议签署日尚未偿还的部分） 及其利息、罚息、违约金计算方法，向甲方主张其尚未支付的剩余 ...

证券代码：000669 证券简称：ST 金鸿 公告编号：2023-056 金鸿控股集团股份有限公司 关于诉讼事项进展的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、误 导性陈述或者重大遗漏。 一、相关诉讼事项的基本情况 因涉及相关诉讼，金鸿控股集团股份有限公司（以下简称"公司"、"本公司"或 "金鸿控股"）于 2023 年 7 月 5 日披露了《相关诉讼公告》（公告编号为 2023-048， 详见同日巨潮资讯网 http://www.cninfo.com.cn），现将有关诉讼进展情况公告如下： 二、相关诉讼事项的进展情况 2、诉讼进展相关情况 1、相关诉讼情况介绍 涉及国开发展基金有限公司与公司的诉讼案已在公司 2023 年 7 月 5 日披露的《相 关诉讼公告》（公告编号 2023-048，）中进行了详细披露，涉案金额为 78508688.57 元，该案件由河北省石家庄市桥西区人民法院。 近期，公司收到河北省石家庄市桥西区人民法院民事判决书，判决如下： 截至本公告披露日，公司不存在其他尚未披露的重大诉讼事项。 四、本次公告相关诉讼对公司本期利润或期后利润的可能影响 上述诉讼事项暂 ...

Financial Performance - The company's operating revenue for the first half of 2023 was ¥649,255,362.35, a decrease of 4.88% compared to ¥682,571,665.14 in the same period last year[20]. - Net profit attributable to shareholders was ¥3,814,807.64, a significant increase of 103.62% from a loss of ¥105,436,063.95 in the previous year[20]. - Basic and diluted earnings per share improved to ¥0.0056, compared to a loss of ¥0.2613 per share in the same period last year, marking a 102.14% increase[20]. - The total assets at the end of the reporting period were ¥2,846,635,159.53, a decrease of 3.13% from ¥2,938,692,289.46 at the end of the previous year[20]. - The net assets attributable to shareholders decreased by 4.85% to ¥470,794,215.87 from ¥494,784,631.48 at the end of the previous year[20]. - The company reported a total revenue of 537.06 million with a net profit of 15.92 million during the reporting period[50]. - The company reported a total revenue of 3,972.41 million CNY for the first half of 2023, reflecting a significant increase compared to the previous period[85]. - The company reported a total of 5,033,709 yuan in claims related to construction contracts and associated costs[90]. - The company reported a total of 42,773 million for the first half of 2023, showing a slight increase from 42,473 million in the previous period[112]. - The company reported a total revenue of 4,900 million for the year 2022, with a consistent performance in the natural gas sector[114]. - The company reported a total of 6.0 billion in revenue for the first half of 2023, showing a significant increase compared to the previous period[181]. - The company reported a total of 3,355 million yuan, representing a 46.49% increase compared to the previous year[185]. Cash Flow and Investments - The net cash flow from operating activities decreased by 38.36% to ¥137,480,294.80, down from ¥223,039,760.11 in the prior year[20]. - The net cash flow from operating activities for the first half of 2023 was ¥137,480,294.80, a decrease of 38.34% compared to ¥223,039,760.11 in the same period of 2022[171]. - The net cash flow from investing activities was -¥28,297,270.72, an improvement from -¥78,978,439.47 in the first half of 2022[172]. - Cash paid for the purchase of fixed assets and intangible assets was ¥39,700,005.27, down from ¥66,872,711.96 in the first half of 2022[172]. - The company has allocated 1,126 million yuan for capital reserves to support future investments[185]. Operational Highlights - The company has outlined various risks and countermeasures in its report, emphasizing the importance of risk management in its operations[4]. - The company aims to enhance its position as a comprehensive clean energy service provider through mergers and acquisitions and investment in new energy technology development[28]. - The company has maintained a "zero fatal accident" record in safety production throughout the reporting period, reflecting its commitment to operational safety[33]. - The company is actively working to secure gas supply by strengthening relationships with upstream suppliers and diversifying supply channels[53]. - The company is focusing on enhancing its technological capabilities to improve operational efficiency and product offerings[185]. Legal and Compliance Issues - The company is involved in a lawsuit with Tianjin Xin'ao Gas Development Co., with a disputed amount of CNY 16,356.52 million, which has not yet been adjudicated or executed[78]. - The company has been involved in multiple legal proceedings, with significant amounts in dispute, indicating potential financial implications[78][79][80]. - The company has received a jurisdiction objection ruling on January 20, 2023, and has submitted an appeal regarding this jurisdiction issue[80]. - The company is actively managing its legal disputes, with hearings scheduled and appeals filed to address jurisdictional challenges[79][80]. - The company has faced challenges related to loan defaults, which have led to legal actions and potential financial liabilities[92]. Shareholder and Equity Information - The company has 19,090 ordinary shareholders as of the report date[131]. - The largest shareholder, New Energy International Investment Co., Ltd., holds 22.30% of the shares, totaling 151,728,084 shares, with some shares frozen[131]. - The total number of unrestricted ordinary shares held by the top 10 shareholders at the end of the reporting period is 151,728,084 shares, with New Energy International Investment Co., Ltd. being the largest shareholder[133]. - The company has maintained a consistent dividend policy, with plans to distribute profits to shareholders in alignment with its financial performance[188]. Future Outlook and Strategic Initiatives - The company plans to expand its market presence by launching new products in the second half of 2023[177]. - The company is exploring potential mergers and acquisitions to enhance its market position[177]. - Future guidance indicates a continued upward trend in revenue and profit margins, supported by strategic initiatives and market expansion[185]. - The management highlighted the importance of enhancing customer engagement through digital platforms to drive future growth[181].

| | 资金往来 | | 往来方与上 | 上市公司 | | 2023 | 年期 | 2023 年半年度 | | 2023 年半年 | | 2023 | 年半年 | 2023 半年度 | 年 | | 往来性 质（经 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 其他关联资金往来 | | | 市公司的关 | 核算的会 | | | 初占用资 | 占用累计发生金 | | 度占用资金 | | 度偿还累计 | | 期末占 | | 往来形 | 营性往 | | | | 方名称 | | 联关系 | 计科目 | | | 金余额 | | 额（不含利息） | 的利息(如 | | 发生金额 | | 用资金 | | 成原因 | 来、非 | | | | | | | | | | | | | 有) | | | | 余额 | | | 经营性 | | | | | | | | | | | | | | | | | | | | 往来） | | | 小计 | ...

金鸿控股集团股份有限公司 独立董事对 2023 年半年度控股股东及其他关联方资金占用 和公司对外担保情况的独立意见 根据《关于在上市公司建立独立董事制度的指导意见》、《上市公司治理 准则》、《公司章程》及《独立董事工作制度》等文件的有关规定，作为金鸿 控股集团股份有限公司（以下简称"公司"）独立董事，对公司 2023 年半年度 控股股东及其他关联方资金占用和公司对外担保情况的独立意见发表如下专项 说明及独立意见如下： 1、报告期内，公司不存在与控股股东及其他关联方非经营性占用上市公司 资金的情况。 2、报告期内，公司无新增对外担保情况。我们认为报告期内公司存在的对 外担保情况的是由于公司出售子公司导致，且已经履行了相应的审批程序，决策 合规，并签署了相应反担保函，且对方承诺将会继续履行相关反担保义务，因此 风险相对可控。目前相关关联方在配合解除我方担保责任上已采取了一定措施， 但我们也注意到上述对外担保事项增加了公司潜在的债务及法律风险，若不加速 解决相关隐患，有可能会对公司正常经营、投融资等方面造成负面影响。因此我 们还将持续对上述对外担保事项保持密切关注，要求公司管理层在继续推进上述 关联交易后续事项时， ...

理历史問题有具体的時間安排和進度要求吗？謝謝 尊敬的股东您好：公司目前生产经营正常，公司高管对公司 未来发展充满信心，公司管理层将积极推进子公司失控问题，争 取尽快消除公司其他风险警示因素，以提升中小股东持股信心， 感谢您的理解与支持！ 5、可不可以买入天然气期货做套保赚大利润？ 尊敬的投资者您好！公司目前未开展天然气期货业务，感谢 关注！ 6、您好，今年的 st 能否摘掉，股价何时能走向正规 证券代码： 000669 证券简称：ST 金鸿 金鸿控股集团股份有限公司投资者关系活动记录表 编号：2023-001 | □特定对象调研 | 分析师会议 □ | 投资者关系活动 | | --- | --- | --- | | □ | 业绩说明会 媒体采访 √ | 类别 | | □ | 新闻发布会 □ 路演活动 | | | □ | 现场参观 | | | □ 其他 | （请文字说明其他活动内容） | | | 投资者网上提问 | | 参与单位名称及 | | | | 人员姓名 | | 2023 年 5 | 月 22 日 (周一) 下午 14:00~16:00 | 时间 | | | 公司通过全景网"投资者关系互动平台"（http ...

证券代码：000669 证券简称：ST 金鸿 公告编号：2023-031 金鸿控股集团股份有限公司 （问题征集专题页面二维码，扫码自动匹配移动端） 关于参加网上集体业绩说明会的公告 金鸿控股集团股份有限公司 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏。 为进一步加强与投资者的互动交流，金鸿控股集团股份有限公司（以下简称 "公司"）将参加由吉林证监局、吉林省证券业协会、深圳市全景网络有限公司 共同举办的"2023 年吉林辖区上市公司网上集体业绩说明会"，现将有关事项公 告如下： 本次集体业绩说明会将通过深圳市全景网络有限公司提供的互联网平台举 行，投资者可以登陆"全景网"投资者关系互动平台"（http://ir.p5w.net）参 与公司业绩说明会,时间为 2023 年 5 月 22 日（星期一）14:00 至 16:00。 届时公司董事长张达威先生、财务总监许宏亮先生、董事会秘书焦玉文先生 将通过网络在线问答互动的形式，与投资者就 2022 年经营业绩等投资者关注的问 题进行交流。期间，公司高管将全程在线，实时回答投资者的提问。投资者可于 2023 年 5 月 ...

Financial Performance - The company's revenue for Q1 2023 was ¥343,764,160.37, a decrease of 17.40% compared to ¥416,174,260.79 in the same period last year[5] - The net loss attributable to shareholders was ¥9,762,168.02, representing a 61.38% increase in losses from ¥6,049,341.74 year-on-year[5] - The company's basic and diluted earnings per share were both -¥0.0143, a decline of 60.67% from -¥0.0089 in the previous year[5] - The net profit for Q1 2023 was -21,947,149.05 CNY, compared to -3,572,002.44 CNY in the same period last year, indicating a significant decline in profitability[27] - Operating profit for Q1 2023 was -21,597,096.64 CNY, a decrease from 19,663,138.44 CNY in Q1 2022[27] - The total comprehensive income for Q1 2023 was -21,947,149.05 CNY, down from -3,572,002.44 CNY in Q1 2022[27] Cash Flow and Assets - The net cash flow from operating activities increased by 5.99% to ¥117,987,363.08, up from ¥111,314,304.71 in the previous year[5] - Current assets totaled CNY 540,933,125.45, a marginal increase from CNY 537,314,365.89 at the beginning of the year[22] - The company’s cash and cash equivalents rose to CNY 80,342,723.04 from CNY 59,412,448.72, marking an increase of 35.2%[22] - The cash and cash equivalents at the end of the period stood at 76,322,535.31 CNY, an increase from 41,390,763.28 CNY at the end of the previous year[29] Liabilities and Equity - The company's total assets at the end of the reporting period were ¥2,882,510,076.32, a slight decrease of 0.46% from ¥2,895,870,744.79 at the end of the previous year[5] - The total equity attributable to shareholders decreased by 1.84% to ¥457,843,334.03 from ¥466,419,828.52 at the end of the previous year[5] - Total liabilities increased slightly to CNY 2,298,354,491.94 from CNY 2,293,788,995.16, reflecting a growth of 0.2%[24] Research and Development - Research and development expenses rose by 53.72% to ¥4,518,512.30, compared to ¥2,939,518.71 in the same period last year, indicating increased investment in innovation[8] - Research and development expenses increased to CNY 4,518,512.30, up from CNY 2,939,518.71, representing a growth of 53.7%[25] Debt and Repayment - As of March 31, 2023, the company has repaid a total of RMB 39,175,418.32 in convertible bond debts, including RMB 22,537,608.00 in principal and RMB 16,637,810.32 in interest[12] - The company has completed the repayment of 100% of the principal for holders who chose the one-time payment option (60% of the bond value) and has paid the first and second installments of principal and interest for all holders who opted for the extension repayment plan[15] - The company has signed debt repayment agreements with all holders of the "15 Jinhong Bonds," with 37.596% choosing the one-time payment option and 58.029% opting for the extension repayment plan[15] - The company has actively communicated with creditors to resolve debt issues and has been disposing of assets and introducing strategic investors to raise funds[12] - The company has faced substantial defaults on its "16 Zhongyou Jinhong Energy Investment Co., Ltd. 2016 First Phase Medium-Term Notes" due to cash flow difficulties[16] Other Financial Metrics - Total operating revenue for the first quarter was CNY 343,764,160.37, a decrease of 17.4% compared to CNY 416,174,260.79 in the previous period[25] - Total operating costs amounted to CNY 369,531,355.03, down from CNY 403,600,101.10, reflecting a reduction of 8.4%[25] - The company reported a significant decrease in investment income, down 62.91% to ¥806,360.60 from ¥2,173,898.47 in the previous year[8] - Cash flow from investing activities resulted in a net outflow of -13,760,440.75 CNY, an improvement from -84,190,459.28 CNY in the same quarter last year[29] - Cash flow from financing activities showed a net outflow of -82,153,704.73 CNY, slightly better than -84,163,181.63 CNY in Q1 2022[29] Governance - The company has undergone a board restructuring, electing new directors and independent directors to ensure governance continuity[19]

Financial Performance - The company's operating revenue for 2022 was ¥1,258,805,456.95, a decrease of 36.17% compared to ¥1,972,157,130.00 in 2021[28]. - The net profit attributable to shareholders was -¥132,733,090.86, showing an improvement of 79.91% from -¥660,668,238.07 in the previous year[28]. - The cash flow from operating activities was ¥227,791,530.96, an increase of 2.56% compared to ¥222,108,906.99 in 2021[28]. - The total assets at the end of 2022 were ¥2,895,870,744.79, a decrease of 10.99% from ¥3,253,578,944.91 at the end of 2021[28]. - The company's basic earnings per share for 2022 was -¥0.20, improving by 79.38% from -¥0.97 in 2021[28]. - The company reported a significant reduction in non-recurring losses, with a total of -¥12,446,882.31 in 2022 compared to a gain of ¥33,671,338.96 in 2021[36]. - The total operating revenue for 2022 was CNY 1,258,805,456.9, a decrease of 36.17% compared to CNY 1,972,157,130.0 in 2021[69]. - The gas business accounted for 98.25% of total revenue, generating CNY 1,236,782,549.6, down 36.50% from CNY 1,947,656,004.8 in 2021[69]. - Natural gas revenue was CNY 1,132,907,138.5, representing 90.00% of total revenue, a decline of 35.70% from CNY 1,762,010,434.6 in 2021[69]. Debt and Liabilities - As of December 31, 2022, Jinhong Holding's debt to Huabei Company amounted to CNY 479.6963 million, with a bad debt provision of CNY 161.7060 million recognized[5]. - The company has a guarantee balance of CNY 1.6044535 billion related to Huabei Company, with CNY 1.3184789 billion backed by collateral[10]. - The company plans to repay CNY 136.34 million of debt due in June 2023, with full repayment expected by June 2024[7]. - The company has recognized a provision for expected liabilities of CNY 210.2749 million related to external guarantees[10]. - The company has signed settlement agreements with most creditors regarding its bond issues, with most principal repayments already completed[106]. - The company has actively engaged in social responsibility, ensuring shareholder rights and maintaining cash dividends as a primary principle since its restructuring[160]. - The company has been actively managing its financial obligations and has made significant repayments towards its debts[183]. Operational Challenges - The company reported a significant risk in its future operations, which is detailed in the management discussion section of the report[8]. - The company has faced uncertainty regarding its ability to continue as a going concern, as indicated by the negative net profit figures over the past three years[29]. - The company is currently facing a total of 9,000,000 CNY in claims related to urban pipeline engineering projects[187]. - The company has been involved in multiple legal disputes, indicating ongoing financial and operational challenges[179]. - The company has faced challenges in fulfilling contractual obligations, leading to multiple lawsuits and enforcement actions[195]. Corporate Governance - The company's financial report has been confirmed as true, accurate, and complete by its board and management[4]. - The company maintained compliance with corporate governance regulations as per the annual report[112]. - The company confirmed independence from its controlling shareholders in terms of operations and finances[113]. - The company has established a relatively complete corporate governance structure by the end of the reporting period[112]. - The company has emphasized the importance of risk management, appointing a new Risk Control Director to strengthen its governance framework[119]. Strategic Initiatives - The company is transitioning to an investment holding company, with its actual business operations now conducted by its wholly-owned subsidiary, focusing on natural gas pipeline construction and operation[27]. - The company aims to align with national strategies for carbon neutrality and energy efficiency improvements by 2030 and 2060[39]. - The company is focused on expanding its natural gas business, including gas source development, transportation, and urban gas operations[47]. - The company is actively pursuing mergers and acquisitions of quality energy projects to bolster its growth[47]. - The company aims to enhance its market position by expanding its gas supply channels and reducing reliance on upstream gas sources[46]. Legal Matters - The company is involved in a lawsuit with Tianjin Xin'ao Gas Development Co., Ltd. regarding a claim amounting to CNY 16,356.52 thousand, which has not yet been adjudicated or executed[179]. - The company has faced a financial dispute resulting in a court ruling that froze CNY 140 million in bank deposits or equivalent assets[181]. - The company has been involved in multiple legal proceedings, indicating ongoing financial and operational challenges[179]. - The company has received a notice for execution regarding a judgment made on August 9, 2021, with enforcement actions initiated[188]. - The company is currently appealing a jurisdictional objection related to its lawsuits, with hearings held on January 11, 2023[180]. Employee and Management Changes - The total number of employees at the end of the reporting period is 827, with 495 in production, 20 in sales, 51 in technology, 49 in finance, and 212 in administration[142]. - The company reported a significant leadership change with the election of Zhang Dawei as Chairman and Liu Yuxiang as Vice Chairman and General Manager on December 28, 2022[118]. - The company has undergone a restructuring of its management team, with several key positions filled by newly elected members as part of the board's re-election process[119]. - The total remuneration for directors, supervisors, and senior management amounted to 5.69 million yuan in the reporting period[129]. Research and Development - The R&D budget for new products and technologies has been increased by 15% compared to the previous year[125]. - Research and development expenses decreased by 20.32% to ¥12,711,884.25 compared to the previous year[80]. - The company is exploring potential mergers and acquisitions to enhance its service offerings and market share[125]. Market Expansion - The company plans to expand its market presence by entering three new provinces in the next fiscal year[125]. - The company is expanding its market presence in Southeast Asia, targeting a 10% market share within the next two years[198]. - A strategic acquisition of a local competitor is anticipated to enhance operational capabilities and increase market penetration by 15%[198]. Risk Management - The company is committed to enhancing risk management and control, ensuring compliance with management systems to prevent major operational risks[100]. - The company actively takes measures to address internal control deficiencies and improve overall risk management[147]. - The company is currently facing potential stock warnings due to its current development challenges[104]. Social Responsibility - The company has actively participated in social welfare activities, including donations and support for low-income families, contributing to local community building[164]. - The company has made significant investments in customer service, pipeline monitoring, and safety inspections, achieving recognition in the gas industry[162]. - The company has implemented measures to reduce carbon emissions, promoting natural gas as a clean energy source[158].

Financial Performance - The company's operating revenue for Q3 2022 was ¥268,121,635.35, a decrease of 51.00% compared to the same period last year[5] - The net profit attributable to shareholders was -¥4,207,035.21, representing a decline of 23.67% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥4,123,259.46, down 1.26% from the previous year[5] - The basic earnings per share were -¥0.0062, a decrease of 23.67% compared to the same period last year[5] - The company's total revenue for the current period was CNY 950.69 million, a decrease of approximately 30% compared to CNY 1.37 billion in the previous period[29] - Total operating costs for the current period were CNY 957.93 million, down from CNY 1.37 billion in the previous period, reflecting a decrease of about 30%[29] - The net profit for Q3 2022 was -115,397,346.41 CNY, compared to -21,846,532.19 CNY in Q3 2021, indicating a significant decline in profitability[30] - Operating profit for the quarter was -104,641,312.88 CNY, a decrease from -19,185,848.08 CNY year-over-year[30] - The company reported a total comprehensive loss of -115,397,346.41 CNY for the quarter, compared to -21,846,532.19 CNY in the previous year[31] - Basic and diluted earnings per share were both -0.1611, compared to -0.0295 in Q3 2021[31] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,891,369,540.90, a decrease of 11.13% from the end of the previous year[5] - The company's total liabilities increased, with long-term borrowings rising by 131.91% to ¥157,700,000.00[10] - The company's inventory decreased by 48.61% to ¥14,789,953.81, primarily due to changes in the scope of consolidation[10] - The company has a total of 48 bondholders who have signed the latest debt settlement agreements, with 37.596% opting for a one-time payment and 58.029% choosing an extension repayment plan[19] - Total liabilities as of September 30, 2022, were CNY 2.24 billion, down from CNY 2.43 billion at the beginning of the year, a reduction of about 8%[27] - The company's total equity as of September 30, 2022, was CNY 650.67 million, down from CNY 819.37 million at the beginning of the year, a decline of approximately 20.5%[27] Cash Flow and Investments - The cash flow from operating activities for the year-to-date was ¥260,680,140.39, an increase of 34.45%[5] - Cash flow from operating activities was 260,680,140.39 CNY, an increase from 193,891,728.16 CNY in the previous year[33] - Investment activities resulted in a net cash outflow of -100,349,164.85 CNY, compared to -38,807,479.84 CNY in the previous year[33] - Financing activities generated a net cash outflow of -240,431,428.21 CNY, slightly worse than -225,355,106.12 CNY in Q3 2021[33] - The investment income for the year-to-date was ¥6,860,454.35, down 84.52% compared to the previous year[10] Shareholder Information - The total number of common shareholders at the end of the reporting period is 23,048[14] - The largest shareholder, New Energy International Investment Co., Ltd., holds 23.41% of shares, totaling 159,302,851 shares, which are frozen[14] - The second largest shareholder, Lianzhong Industrial Co., Ltd., holds 8.99% of shares, totaling 61,183,714 shares, with 48,300,000 shares pledged[14] Debt Repayment - The company has repaid a total of RMB 39,174,802.18 in convertible bond debts, including RMB 22,537,608.00 in principal and RMB 16,637,194.18 in interest[16] - As of September 30, 2022, the company has completed payments for all bondholders under the latest debt settlement agreements, covering 100% of the principal of the "15 Jinhong Bonds"[19] - The company has paid RMB 1.2 billion, which is 15% of the total principal, to all holders of the "16 Zhongyou Jinhong MTN001" bonds[21] - The company has also paid RMB 1.6 billion, which is 20% of the total principal, along with interest payments totaling RMB 1.8071 billion for the "16 Zhongyou Jinhong MTN001" bonds[21] - The company has established a special fund to repay the debts formed by the convertible bonds, with RMB 70,866,828.52 recovered from the sale of 5.896 million shares[16] - The company has completed the payment of all principal and interest for the first and second phases of the debt settlement for all bondholders under the latest agreements[20] Operational Highlights - The company did not report any new product launches or significant market expansion strategies during the quarter[34]