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Group 1 - The company Shenzhen Sanda Industrial Co., Ltd. announced that its subsidiary has paid a total of 112.47 million CNY in tax and late fees due to a tax risk reminder from the local tax authority [1] - The tax payment includes 89.52 million CNY in corporate income tax and late fees, which will be recorded in the company's 2025 financial results, potentially reducing net profit attributable to shareholders by approximately 57.36 million CNY [1] - The company is planning to sell stakes in multiple subsidiaries, with the equity to be listed for pre-registration at the Beijing Property Exchange [2] Group 2 - The company has faced significant challenges in recent years, with a revenue increase of 19.73% in 2024, but only a marginal net profit increase of 0.03% [4] - In the first three quarters of 2025, the company reported a revenue decline of 31.81%, with total revenue of 33.02 billion CNY and a net loss of 298.8 million CNY [4] - The company's debt-to-asset ratio has remained high, hovering around 80%, and was reported at 82.38% as of the end of the third quarter of 2025 [5] Group 3 - The company's stock price closed at 20.26 CNY per share on November 7, 2023, with a total market capitalization of 23.055 billion CNY [6] - The stock has experienced fluctuations, with a 52-week high of 33.43 CNY and a low of 14.88 CNY [7]