金通灵或面临重整

Core Viewpoint - Jintongling (300091) is facing potential restructuring due to significant financial difficulties, with creditors seeking court intervention to improve the company's operational and financial conditions [1][2]. Financial Situation - As of September 30, 2024, Jintongling reported total assets of approximately 5.2 billion, total liabilities of 3.43 billion, and equity attributable to the parent company of 1.86 billion [2]. - The company has a cash flow deficit, with a net cash flow from operating activities of -30.46 million in the first three quarters of the previous year [2]. - Jintongling anticipates a net profit loss of between 950 million and 1.4 billion for the fiscal year 2024 [2]. Debt and Restructuring - Jintongling owes 1.5365 million to creditor Shanghai Chuangya Logistics, which has applied for pre-restructuring and restructuring due to the company's inability to repay debts [1]. - The company is expected to face significant loan repayments soon, which it may not be able to meet without additional funding [2]. - The restructuring process aims to attract new investment and resources to alleviate the company's debt crisis [2][3]. Uncertainty and Management Response - There is significant uncertainty regarding whether Jintongling will enter pre-restructuring or restructuring procedures, as this depends on court evaluations [3]. - The board of directors is committed to maintaining stable operations and improving management practices regardless of the restructuring outcome [3].