LSHEC(SH:603169) Zheng Quan Shi Bao Wang·2025-09-15 13:13Group 1 - The company is addressing debt clearance following the transfer of state-owned shares from its controlling shareholder, with a plan to sign a debt offset agreement and a payment agreement to settle a debt of 26.34 million yuan by December 31, 2025 [1][2] - A court ruling has determined that two companies owe the company approximately 520 million yuan in total, including principal and interest, with a partial payment of 6 million yuan already made [1][2] - The debt offset agreement aims to resolve the debt issues between the company and its creditors, ensuring that the company can recover owed amounts without negatively impacting its financial status [2] Group 2 - As of June 30, 2025, the controlling shareholder, Lanzhou Lanshi Group, reported total assets of 35.166 billion yuan and a net asset value of 9.069 billion yuan, with a net loss of 137 million yuan for the first half of 2025 [3] - The state-owned share transfer involved the Gansu Provincial Government transferring 90% of its shares in Lanzhou Lanshi Group to Gansu State-owned Assets Investment Group, maintaining the provincial government as the actual controller [3] - The company has appointed a new deputy general manager, Wang Bingzheng, who has been involved with the company since 1983 [3]