Shang Hai Zheng Quan Bao·2025-04-26 09:26Core Viewpoint - The company is undergoing a restructuring process to address financial difficulties, with significant developments in debt financing and creditor meetings scheduled for 2025 [5][6][7]. Financial Data - The first quarter financial report for 2025 has not been audited, and the company has reported non-recurring gains and losses [3][4]. - The company has experienced a net loss of 538.91 million yuan for the fiscal year 2024, with a net loss of 404.67 million yuan after deducting non-recurring gains and losses [12]. Shareholder Information - The company has a significant number of creditors and is in the process of restructuring, with a temporary management team overseeing the proceedings [6][7]. - The company has signed a debt financing agreement with a total amount not exceeding 100 million yuan to support its restructuring efforts [5]. Corporate Governance - The board of directors has approved several resolutions, including the cancellation of the supervisory board and amendments to the company's articles of association [42]. - The board meeting was held in compliance with relevant laws and regulations, with all seven directors present [18][20]. Risk Warnings - The company’s stock has been subject to delisting risk warnings due to the issuance of an audit report with no opinion by the accounting firm [9][10]. - The company is currently in a pre-restructuring phase, and the success of this phase remains uncertain, which could lead to bankruptcy if unsuccessful [11].