Group 1 - The company has entered into a settlement agreement with Stone Wealth and Dai Yongge, which includes provisions for potential claims in case of breach of the agreement [1][2] - The settlement is expected to reduce Guangzhou Rongzhi's liabilities by approximately RMB 570 million, contingent upon the fulfillment of contractual obligations by all parties involved [1] - The company believes that the payment will not have a significant adverse impact on its operations and liquidity, as multiple business segments are self-sustaining or inactive, and it maintains a positive cash balance as of December 31, 2024 [1] Group 2 - Under the settlement agreement, Stone Wealth and Mr. Dai have committed to reducing Guangzhou Rongzhi's external debts by at least RMB 281 million within 12 months from the date of the agreement [2] - The agreement involves actions to be taken by Stone Wealth and Mr. Dai to ensure the reduction of debts owed by Guangzhou Rongzhi [2] - The company has also indicated that funds have been deposited in a court-controlled account as part of the settlement process [2]
太和控股(00718)与Stone Wealth及戴永革订立和解协议