Shifeng Cultural(SZ:002862) Mei Ri Jing Ji Xin Wen·2026-01-05 15:41Core Viewpoint - Shifeng Culture has reported significant delays in receiving performance compensation from the guarantors related to its investment in Chaolong Optoelectronics, with only 2.846 million yuan paid out of the promised 115 million yuan as of now [1][3]. Group 1: Performance Compensation Issues - The guarantors are obligated to pay a total of 115 million yuan in performance compensation, but only 2.846 million yuan has been received to date, indicating a failure to meet the payment schedule [1][2]. - The guarantors have proposed a repayment plan divided into four installments, with the last payment due by December 30, 2025, but have cited difficulties in raising funds for the short-term payments [2][4]. - Despite multiple reminders and communications from Shifeng Culture, the guarantors have not made any payments in the last two months, maintaining the total at 2.846 million yuan since October 2025 [3][4]. Group 2: Financial Performance of Chaolong Optoelectronics - Chaolong Optoelectronics has reported losses for both 2023 and 2024, failing to meet the performance commitments of a minimum net profit of 15 million yuan in 2024 [2][4]. - The decline in performance is attributed to a combination of falling prices in the photovoltaic component market, increased operational costs, and the company's ongoing business expansion phase [4]. - Shifeng Culture's investment in Chaolong Optoelectronics, which began in late 2022, has been impacted by intense competition and overcapacity in the photovoltaic industry, leading to significant financial losses [4].