DFSS(SH:603377) Shang Hai Zheng Quan Bao·2025-12-29 20:56Core Viewpoint - The company, Oriental Fashion Driving School Co., Ltd., is currently in a pre-restructuring phase, facing significant uncertainties regarding its potential entry into formal restructuring procedures, which may lead to delisting risk warnings for its stock [2][6][7]. Group 1: Risk Warnings and Financial Status - The company has been placed under other risk warnings due to a negative internal control audit report issued by Beijing Dehao International Accounting Firm for the fiscal years 2023 and 2024 [2][3]. - The company's net profits for the last three fiscal years, after deducting non-recurring gains and losses, were negative: -69.57 million yuan for 2022, -373.02 million yuan for 2023, and -902.56 million yuan for 2024, indicating ongoing financial distress [3]. - The company has received a notice from the Beijing First Intermediate People's Court regarding the initiation of pre-restructuring, with the court appointing a temporary management team, but it has not yet received formal documents for entering restructuring [6][11]. Group 2: Measures Taken and Progress - The company has addressed significant internal control deficiencies related to non-operating fund occupation by its controlling shareholder and related parties, which has led to the removal of certain risk warnings [4]. - The company is committed to improving its internal control systems and audit supervision mechanisms to enhance operational standards and protect shareholder rights [5]. Group 3: Shareholder Actions and Auction Results - The controlling shareholder, Oriental Fashion Investment Co., Ltd., has had 2,000,000 shares (approximately 0.28% of total shares) auctioned, with the auction successfully completed by a company shareholder, Dengtou Holdings Group Co., Ltd. [10][12]. - Following the auction, if the share transfer is completed, the controlling shareholder's stake will decrease to 44,650,000 shares, representing 6.25% of the total shares [13].