Core Viewpoint - The company, Jieqiang Equipment, is facing significant operational challenges due to the criminal detention of its actual controller, Pan Feng, which has led to the inability to undertake a previously won project worth 158 million yuan [2][14]. Group 1: Legal and Management Issues - Pan Feng has been detained for suspected unit bribery, and the case has been transferred to the prosecution stage [4][10]. - As of the end of Q1 2025, Pan Feng held a 25.41% stake in Jieqiang Equipment, and he served as the chairman and general manager until July 31, 2024, when he stepped down due to board elections [7][8]. - The company has received various legal documents from the prosecution, indicating ongoing legal scrutiny [9][10]. Group 2: Financial Impact - The company reported a revenue of 138.38 million yuan in 2024, a decline of 52.81% compared to the previous year [16]. - The net profit attributable to shareholders was -278.26 million yuan, representing a 309.78% decrease year-on-year [16]. - Due to the legal issues, Jieqiang Equipment has recognized an asset impairment loss of 43.82 million yuan related to the aforementioned project [14]. Group 3: Business Operations - The company has indicated that the ongoing legal issues may adversely affect its brand reputation and business expansion [12][13]. - Despite previously preparing for the project, the company has not signed a formal agreement and now expects to be unable to execute the project [14].
实控人被刑拘!300875,重大进展!