中嘉博创：已对相关案件申请再审

Core Viewpoint - Zhongjia Bochuang (SZ000889) has faced significant performance and stock price volatility since the arrival of Wu Ying, known as the "father of Little Smart," leading to ongoing operational struggles and legal issues [1][3]. Group 1: Company Performance and Management Changes - Zhongjia Bochuang continues to experience poor performance and is entangled in lawsuits, with the recent resignation of CEO Li Pengyu due to personal reasons [1]. - The company has been questioned by the stock exchange regarding bad debt issues, although it has attempted to justify its position [1]. Group 2: Legal Issues and Allegations - A court ruling revealed that a subsidiary of Zhongjia Bochuang engaged in "disguised" service agreements to avoid related party transactions, raising concerns about the company's practices [3][4]. - The court found that the agreements were invalid, and Zhongjia Bochuang has expressed disagreement with the ruling and has applied for a retrial [5][6]. Group 3: Financial Relationships and Bad Debts - Zhongjia Bochuang has a history of bad debts with Beijing Shikong Lifang Digital Technology Co., which remains on its bad debt list, with outstanding debts totaling 1,949.94 thousand yuan [7]. - The company has fully provisioned for these bad debts, indicating ongoing financial strain [7]. Group 4: Stock Options and Incentives - A business bet agreement was signed between a former executive of Zhongjia Bochuang and Shikong Lifang, involving stock options to incentivize business transfers, which raises questions about potential undisclosed related party transactions [8]. - The company has denied any wrongdoing regarding the existence of disguised service agreements or related party transaction avoidance [8].