MENDALE(SZ:002397) Shang Hai Zheng Quan Bao·2025-10-26 12:04Core Viewpoint - The company Mengjie Co., Ltd. has faced ongoing dissent from board member Chen Jie regarding the authenticity and accuracy of its financial reports, with Chen expressing objections for the ninth consecutive time in 2023 [2][3]. Financial Performance - For the first three quarters of the year, Mengjie Co., Ltd. reported revenue of approximately 1.099 billion yuan, representing a year-on-year decline of 7.97% [5]. - The company achieved a net profit attributable to shareholders of approximately 26.52 million yuan, showing a year-on-year increase of 28.69% [5]. Board Member Dissent - Chen Jie has consistently opposed the company's financial reports, citing concerns over the handling of bad debts related to loans made to subsidiary Fujian Dafang Sleep, amounting to 63.3763 million yuan [3][4]. - Chen's objections include claims of improper financial practices, such as cross-period recognition of revenue and costs, which he believes lead to distorted financial data and misleading statements [4]. Company Response - In response to Chen's dissent, the company stated that it has initiated recovery actions for the owed funds and has signed agreements with the debtor, Ye Yifeng, to confirm debts and repayment arrangements [4].