Guandian Defense(SH:688287) Zhong Guo Zheng Quan Bao·2025-12-15 10:52Core Viewpoint - The repayment of non-operational fund occupation by the controlling shareholder of Guandian Defense marks a significant step in addressing the company's financial issues, although the risk of delisting remains due to poor performance in 2024 [1][2]. Group 1: Financial Repayment - Guandian Defense announced that it received a total of approximately 99.46 million yuan, which includes the principal of 96.94 million yuan and interest of 2.51 million yuan, fully repaid by the controlling shareholder [1]. - The funds were originally occupied due to factoring matters without commercial substance, and the controlling shareholder confirmed this situation constituted non-operational fund occupation [1]. Group 2: Company Performance and Risks - For the fiscal year 2024, Guandian Defense reported a total profit of -144 million yuan, a net profit attributable to the parent company of -136 million yuan, and a net profit after deducting non-recurring items of -111 million yuan, with operating revenue of 89.98 million yuan [1]. - The company’s stock has been subject to delisting risk warnings since April 30, 2025, due to negative audited profit figures and operating revenue below 100 million yuan after excluding unrelated business and non-commercial income [1]. - The selection of the auditing agency and the performance in the fiscal year 2025 will be critical factors affecting the company's listing status moving forward [2].