CCS(SH:600180) Shen Zhen Shang Bao·2025-12-24 01:01Core Viewpoint - 瑞茂通 is facing significant financial distress due to overdue debts, which may impact its operational capabilities and financial stability [1][3][4] Debt Situation - As of the announcement date, 瑞茂通 and its subsidiaries have overdue financial institution loans totaling approximately 46,411.6876 million RMB [2] - The total overdue amount, including commercial acceptance bills, is about 92,234.3894 million RMB, representing 11.69% of the company's latest audited net assets [2] - Cumulatively, overdue financial institution loans and commercial acceptance bills amount to approximately 200,148.8649 million RMB, which is 25.37% of the company's latest audited net assets [2] Financial Impact - The overdue debts may lead to increased financial costs due to overdue interest payments and could reduce the financing capabilities of the company and its subsidiaries [3] - The company is actively communicating with stakeholders to resolve the debt issues and is closely monitoring the situation for potential future risks [3] Stock and Market Performance - As of December 23, 瑞茂通's stock price decreased by 3.06%, closing at 3.8 RMB per share, with a total market capitalization of 41.29 billion RMB [4] - The company reported a significant decline in revenue and profit for the third quarter of 2025, with a 29% year-on-year decrease in revenue and a 40.34% drop in net profit [4] Shareholder and Regulatory Actions - The controlling shareholder, 郑州瑞茂通, had 737 million shares frozen, representing 132.85% of its holdings and 67.79% of the company's total share capital [4] - The company received a regulatory notice from the Shanghai Stock Exchange regarding information disclosure requirements [4]