Core Viewpoint - *ST Jinglan has received an inquiry letter from the Shenzhen Stock Exchange regarding its 2023 annual report, addressing various issues including business operations, revenue deductions, and delisting risks [1] Financial Performance - The operating revenues for *ST Jinglan from 2021 to 2023 were 738 million, 195 million, and 149 million respectively, while net profits were -1.528 billion, -1.292 billion, and 105.6 million respectively [1] - The net profit after deducting non-recurring items for the same period were -1.519 billion, -1.292 billion, and -1.398 billion respectively [1] - In 2023, the company confirmed a restructuring gain of 2.778 billion, which included debt-to-equity swaps and asset disposals, with accounting treatment compliant with relevant regulations [2] Business Operations - The company has completed its restructuring, eliminating significant uncertainties related to ongoing operations, and does not meet the criteria for delisting risk warnings [2] - The top five customers of *ST Jinglan had a total contract amount of 259 million in 2023, with recognized revenue of 118 million, all priced through bidding and not involving related parties [1] Legal and Compliance - As of the end of 2023, the company had litigation/arbitration matters involving an amount of 858 million, with an expected liability balance of 0, indicating no need for provisions [3] - The company has rectified previous issues regarding timely and sufficient impairment provisions for equity investments, with the 2023 year-end accounts receivable balance at 665 million, of which 478 million was overdue by more than two years [2] Future Outlook - Management believes that with improvements in governance, credit repair, financing, and personnel optimization, the company has growth potential and does not foresee a risk of revenue falling below 300 million in 2024 [1][4]
*ST京蓝回复年报问询函：多项举措改善经营，有望撤销风险警示
Xin Lang Cai Jing·2025-09-04 15:54