Vanfund(SZ:000638) Shang Hai Zheng Quan Bao·2026-01-13 19:09Group 1 - The company, WanFang Urban Investment Development Co., Ltd., anticipates a significant loss for the fiscal year 2025, with projected revenue below 300 million yuan and both net profit and net profit after deducting non-recurring gains and losses expected to be negative, which may trigger delisting risks [3][4] - The company received a qualified audit opinion from Zhongxing Caiguanghua Accounting Firm regarding the recoverability of investments in Jilin WanFang Bai'ao Biotechnology Co., Ltd., indicating significant uncertainty that could lead to a qualified audit report for 2025 [4] - The company is under investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws, which could result in administrative penalties and potential forced delisting if deemed a major violation [5][6] Group 2 - The company has decided to terminate the disposal of the remaining 13.67% equity in Beijing Tianyuan Real Estate Development Co., Ltd., after previously agreeing to sell 100% of the equity for 90 million yuan, with payments structured over time [8][10] - As of January 13, 2026, the company has received a total of 77.7 million yuan from Beijing Baiyu Investment Co., Ltd., with 12.3 million yuan remaining unpaid, which will no longer be required following the termination of the agreement [11][12] - The company has made adjustments to its audit committee, replacing a member to enhance governance and ensure compliance with relevant regulations [19]