Core Viewpoint - The company, Fanli Network Digital Technology Co., Ltd., is facing potential delisting risks due to negative net profit projections for 2024 and ongoing issues with a significant equity acquisition [6][10][22]. Financial Data - The third-quarter financial report for 2025 has not been audited, and the company has reported that its net profit for 2024 is expected to be negative [3][7]. - The company has not made substantial progress on the acquisition of Guangzhou Fengteng Network Technology Co., Ltd., and the related equity has not been delivered [6][10]. Board Meeting and Decisions - The company's board of directors held a meeting on October 20, 2025, where they approved the third-quarter report with unanimous support [9][10]. - The board has proposed the nomination of Song Xueguang as a non-independent director candidate, pending shareholder approval [12][22]. Upcoming Events - A performance briefing for the third quarter of 2025 is scheduled for October 29, 2025, to discuss the company's operational results and financial status [15][17]. - Investors can submit questions for the briefing from October 22 to October 28, 2025 [19]. Shareholder Information - The company is required to notify investors about the potential delisting risks and the ongoing acquisition process, which remains uncertain [6][10][22].
返利网数字科技股份有限公司2025年第三季度报告