ST西发预重整再延期，受历史问题拖累预重整延期已多达20余次

Core Viewpoint - ST Xifa has announced a one-month extension for its pre-restructuring process, now set to end on September 25, 2025, due to the complexity of historical debt issues [1][2] Financial Performance - ST Xifa's revenue from 2021 to 2024 was reported as follows: 393 million, 277 million, 337 million, and 421 million respectively [2] - The net profit attributable to shareholders for the same period was: -16 million, -79 million, -26 million, and 26 million respectively [2] - For the first half of 2025, the company anticipates a net profit between 19 million and 28.5 million [2] Restructuring Process - The court has issued over 20 decisions regarding the postponement of ST Xifa's restructuring since July 2023, indicating ongoing challenges [1] - The company remains in the pre-restructuring phase, with uncertainty about entering the formal restructuring process [1] - There is a risk of bankruptcy and delisting if the restructuring fails [1]