YKS(SZ:300209) Zhong Guo Neng Yuan Wang·2025-10-30 17:57Core Points - The company announced that it is unable to disclose its Q3 2025 report by the legal deadline due to ongoing issues with the transition of assets, business, finance, personnel, and locations, as well as the lack of cooperation from some board members and management [1] - The former chairman provided the Q3 2025 financial statements, but the company cannot ensure their authenticity, accuracy, or completeness [1] Group 1 - The seventh board of directors has been appointed, with Liu Hailong as chairman and Zhang Wen as general manager, while the core management team, including founder Xiao Siqing, has completely resigned [2] - The company has sent transfer letters to former controlling shareholders, directors, and executives, indicating that legal action will be initiated if they refuse to hand over responsibilities within five days [2] - The company has highlighted risks of asset loss, business interruption, financial chaos, and core data leakage during the control transition period, emphasizing the need for strengthened unified management [2] Group 2 - From 2020 to 2024, the company reported non-recurring net losses of 910 million, 2.682 billion, 364 million, 451 million, and 113 million, totaling cumulative losses of 4.519 billion [2] - In the first half of 2025, the company's revenue was 42.5734 million, a decrease of 185.5068 million year-on-year, representing a decline of 81.33% [2]