Core Viewpoint - New Research Co., Ltd. is facing a delisting risk due to a negative net asset value for the fiscal year 2024, with a significant revenue decline of 44.16% and an expanded loss of 319 million yuan [1][2]. Group 1: Debt Crisis Resolution - The company has a total debt of 2.804 billion yuan and a debt-to-asset ratio of 112.07%, indicating severe short-term repayment pressure [2]. - It is crucial for the company to engage in deep communication with creditors to negotiate debt extensions and lower interest rates, potentially converting debt into equity to alleviate financial burdens [2]. Group 2: Business Optimization - The company needs to enhance its agricultural machinery segment by aligning with national agricultural modernization and rural revitalization strategies, increasing R&D investment, and developing innovative, efficient products [3]. - In the aerospace sector, leveraging its manufacturing expertise, the company should seek closer collaborations with major domestic aerospace firms and explore international market opportunities [3]. Group 3: Asset Restructuring - The company should consider divesting non-core or underperforming assets to optimize its asset allocation and raise funds [3]. - Mergers and acquisitions of promising assets and the introduction of strategic investors could enhance competitiveness and facilitate business transformation [3].
公司快评|将被实施退市风险警示 新研股份自救要挥好“三板斧”