Core Viewpoint - The company, Beifang Changlong, has experienced significant stock price volatility, with a cumulative deviation exceeding 100% over nine trading days, indicating severe abnormal trading conditions [1] Financial Performance - In 2024, the company reported operating revenue of 107.7391 million, a decrease of 20.13% compared to the previous year [1] - The net profit attributable to shareholders for 2024 was -10.89 million, reflecting a decline of 194.36% year-on-year [1] - For the first quarter of 2025, the company achieved operating revenue of 20.569 million, down 16.86% from the same period last year [1] - The net profit attributable to shareholders for Q1 2025 was -5.0704 million, a decrease of 244.16% year-on-year [1] Accounts Receivable and Provisions - As of March 31, 2025, the company had accounts receivable totaling 410.8951 million and a bad debt provision of 65.0003 million [1] - The company plans to gradually recognize credit impairment losses in accordance with accounting standards [1] Disclosure and Compliance - The company has confirmed that there are no undisclosed significant matters aside from those already disclosed [1] - There are no undisclosed significant matters involving the controlling shareholder or actual controller [1] - During the period of severe stock price volatility, the controlling shareholder and actual controller did not engage in buying or selling the company's stock [1] - The company has not violated fair information disclosure regulations [1]
北方长龙：公司近期经营情况正常，内外部经营环境未发生重大变化