PANDA FINANCIAL(SH:600599) Shang Hai Zheng Quan Bao·2025-06-16 19:17Core Viewpoint - Panda Financial Holdings Co., Ltd. is facing significant trading volatility and financial losses, leading to risk warnings for investors [2][3][4]. Trading Volatility - The company's stock price experienced a cumulative increase of over 12% during three consecutive trading days from June 9 to June 11, 2025, indicating abnormal trading fluctuations as per Shanghai Stock Exchange regulations [2][4]. - On June 16, 2025, the stock hit the daily limit again, raising concerns about potential irrational speculation in the market [2][4]. Financial Performance - For the fiscal year 2024, the company reported a revenue of 323.86 million yuan, representing a year-on-year growth of 41.82% [2][4]. - The net profit attributable to shareholders was a loss of 474.46 million yuan, which is an increase in losses by 123.42% compared to the previous year [2][4]. - The net profit after deducting non-operating gains and losses was a loss of 481.24 million yuan, reflecting a 139.94% increase in losses year-on-year [2][4]. Audit and Compliance Issues - The company's 2024 financial statements received an audit report with a disclaimer of opinion, resulting in a delisting risk warning as per the Shanghai Stock Exchange rules [3][5]. - Additionally, the internal control audit for 2024 received a negative opinion, leading to further risk warnings for the company's stock [3][5]. Operational Status - The company has conducted a self-assessment and confirmed that its business activities are normal, with no undisclosed sensitive information that could significantly impact stock prices [6]. Investor Communication - The company emphasizes that it has no undisclosed matters that should be reported according to the Shanghai Stock Exchange regulations, and it urges investors to refer to the Shanghai Securities Journal and the Shanghai Stock Exchange website for official information [7].