DYRS(SZ:002713) Zheng Quan Shi Bao·2025-10-27 18:31Core Viewpoint - The company is facing significant financial challenges, including a negative net asset value and potential delisting risks due to ongoing bankruptcy restructuring efforts and stock trading warnings [3][6][11]. Group 1: Stock Trading and Financial Status - The company's stock has been under trading risk warnings due to a cumulative price deviation exceeding 12% over three consecutive trading days [4]. - As of the end of 2024, the company's audited net assets attributable to shareholders were negative, leading to the implementation of a delisting risk warning [6]. - The company has received a court decision to initiate pre-restructuring, but has not yet received formal acceptance of its restructuring application [6][11]. Group 2: Restructuring and Investment Risks - The success of the company's restructuring and potential asset injections into the computing power industry are uncertain and depend on regulatory approvals and market conditions [10]. - There are risks associated with the construction and operational readiness of the He Lin Ge Er Intelligent Computing Center, which has not yet been completed [10]. - The company has signed investment-related agreements for restructuring, but there are risks of non-fulfillment due to potential funding issues from investors [10][11]. Group 3: Information Disclosure and Compliance - The company has conducted self-examinations and confirmed that there are no undisclosed significant matters that could impact stock trading prices [5][9]. - The company emphasizes compliance with information disclosure regulations and has designated specific media for official announcements [11][12].