RECLAIM CONSTRUCTION(SZ:002586) Shang Hai Zheng Quan Bao·2025-07-29 17:34Group 1 - The company held its 27th meeting of the 7th Board of Directors on July 29, 2025, where it approved the use of idle self-owned funds for entrusted financial management, with a unanimous vote of 9 in favor [1][21][26] - The company plans to invest up to RMB 400 million in low-risk, principal-protected financial products, ensuring that this does not affect its daily operations [22][23][25] - The investment aims to improve the efficiency of fund utilization and maximize returns for the company and its shareholders [23][28] Group 2 - The company has faced multiple risk warnings since May 29, 2019, due to issues such as illegal guarantees and fund occupation, leading to its stock being labeled as "ST" [3][6][17] - The company received a total of RMB 856.39 million from restructuring investors for the acquisition of rights to illegal fund income and RMB 92.80 million in interest from these funds [4][16][18] - The company’s main bank accounts have been unfrozen, and it has received a standard unqualified opinion in its 2024 internal control audit report [4][18] Group 3 - The company has been involved in various legal cases related to illegal guarantees, with significant amounts involved, including RMB 1.354 billion in guarantees and RMB 346.35 million in fund occupation [8][9][11] - The company has taken measures to resolve these issues, including reaching settlements in several cases to minimize losses [11][12][14] - The company is currently cooperating with regulatory bodies to address accounting errors and has extended the deadline for disclosing corrected financial information to September 30, 2025 [31][32]