sailing(SZ:300588) Shang Hai Zheng Quan Bao·2025-11-06 19:10Core Viewpoint - The company has successfully passed a resolution for debt restructuring of certain receivables, which is expected to positively impact its profit for the fiscal year 2025 [5][14][17]. Group 1: Board Meeting - The fifth board meeting of the company was held on November 6, 2025, with all seven directors present, and no votes against or abstentions were recorded [3][4][5]. - The meeting was conducted in accordance with relevant laws and regulations [4]. Group 2: Debt Restructuring Proposal - The board approved a proposal for debt restructuring concerning receivables amounting to 7.369079 million yuan, which is expected to enhance cash flow and reduce receivables risk [5][14][17]. - The restructuring is part of a broader initiative to address local government debt issues, aligning with national policies aimed at financial stability [14][16]. Group 3: Supervisory Board Meeting - The supervisory board meeting was also held on November 6, 2025, with all three supervisors present, and similarly, no votes against or abstentions were recorded [9][10][11]. - The supervisory board supports the debt restructuring, emphasizing its benefits for cash flow and long-term client relationships [10][18]. Group 4: Financial Impact - The debt restructuring is projected to have a positive effect on the company's total profit for 2025, with the final accounting treatment to be confirmed by annual audit results [14][17]. - The agreement stipulates that the debtor must pay 80% of the remaining debt within 30 days, amounting to 7.369079 million yuan, to settle the obligation [16].