Transaction Overview - Hengyin Technology's subsidiary, Zhizhu Space, plans to acquire loan claims from the "Guomin Trust · Huijin No. 87 Collective Fund Trust Plan" for RMB 199.99 million [1][2] - The claims include all rights from specific civil judgments and execution cases, after deducting amounts owed to the borrower [1][2][8] - The funding for this acquisition will come from financial support provided by Hengyin Technology and Mr. Jiang Haoran based on their equity stakes [2][15] Transaction Details - The transaction does not constitute a related party transaction or a major asset restructuring as per regulations [2][3] - The board of directors and supervisory board have approved the transaction, which does not require shareholder meeting approval [2][3] - The payment for the claims will be made in a lump sum upon signing the debt transfer agreement [4][13] Counterparty Information - The seller of the claims is Guomin Trust Co., Ltd., which has a good credit status and is not listed as a dishonest executor [7][8] - Guomin Trust has a registered capital of RMB 1 billion and engages in various trust-related businesses [7][8] Impact on the Company - The transaction is expected to have no significant adverse effects on Hengyin Technology's financial status or operations [14][15] - The acquisition aligns with the company's operational development needs and is structured to avoid conflicts of interest or harm to shareholder interests [14][15] - Zhizhu Space, being a newly established company with a registered capital of RMB 1 million, will manage the acquired claims and related assets [15]

Core Viewpoint - Hengyin Technology (603106.SH) announced that its subsidiary, Zhizhu Space, plans to acquire loan receivables from Guomin Trust for RMB 199.99 million, involving the "Guomin Trust · Huijin No. 87 Collective Fund Trust Plan" [1][2] Group 1 - Zhizhu Space intends to acquire all receivables related to specific civil judgments and execution cases held by Guomin Trust, after deducting amounts owed to the borrower from the trust's guarantee fund [1][2] - The funding for the acquisition will come from financial support provided by Hengyin Technology and Mr. Jiang Haoran, based on their respective equity contributions [1] - Following the agreement, Guomin Trust will apply to change the executor to Zhizhu Space, allowing for centralized asset management and improved decision-making processes [2] Group 2 - Upon signing the debt transfer agreement, Zhizhu Space will pay the transfer amount to Guomin Trust, which will then distribute the principal of the trust investment to Hengyin Technology and Mr. Jiang Haoran within five working days [2]

Core Viewpoint - Hengyin Technology (603106.SH) announced that its subsidiary, Zhizhu Space, plans to acquire loan receivables from Guomin Trust for RMB 199.99 million, involving the "Guomin Trust · Huijin No. 87 Collective Fund Trust Plan" [1][2] Group 1 - The acquisition involves the transfer of all receivables related to specific civil judgments and execution cases held by Guomin Trust, after deducting amounts owed to the borrower from the trust's guarantee fund [1][2] - The funding for the acquisition will be provided by Hengyin Technology and Mr. Jiang Haoran based on their equity contribution ratios [1] - Guomin Trust and Zhizhu Space have reached an agreement for the transfer, with plans for Zhizhu Space to become the executor of the loan receivables to enhance asset management and decision-making processes [2] Group 2 - Following the signing of the debt transfer agreement, Zhizhu Space will pay the transfer amount to Guomin Trust, which will then distribute the principal of the trust investment to Hengyin Technology and Mr. Jiang Haoran within five working days [2]

Core Viewpoint - The announcement details the completion of a debt transfer agreement between Beijing Baideli Group and Mongolian Merchants Bank, along with a debt settlement agreement involving the debtor and Ms. Yu Yao, which was finalized on August 4, 2025 [1] Group 1 - Following the completion of the agreements, Beijing Baideli Group has acquired the debt rights [1] - Aurora Real Estate has become an indirect wholly-owned subsidiary of the company, and its financial performance will be consolidated into the company's financial statements [1] - The properties involved in the agreements are legally owned by the group, and all target businesses are also legally owned by the group [1]

Core Viewpoint - The announcement details the completion of a debt transfer agreement between Beijing Baideli Group and Mongolian Merchants Bank, along with a debt settlement agreement involving the debtor and Ms. Yu Yao, finalized on August 4, 2025 [1] Group 1 - Following the completion of the agreements, Beijing Baideli Group has acquired the debt rights [1] - Aurora Real Estate has become an indirect wholly-owned subsidiary of the company, and its financial performance will be consolidated into the company's financial statements [1] - The properties involved in the agreements are legally owned by the group, and all target businesses are also legally owned by the group [1]

Group 1 - The core point of the article is the public transfer of debts and collateral assets from China Great Wall Asset Management Co., Ltd. Shanxi Branch to Zhixiang Asset Management (Zhuhai) Co., Ltd. through the JD Asset Trading Platform [1][2] - The transferred debts include three companies: Shanxi Jinhui Energy Group Co., Ltd., Taiyuan Qiaoyou Chemical Co., Ltd., and Shanxi Tengxiang Sports Goods Sales Co., Ltd. [1][3] - The total principal balance of the debts is 238.52 million yuan, with total interest amounting to 143.99 million yuan [3] Group 2 - Shanxi Jinhui Energy Group Co., Ltd. has a principal balance of 210.03 million yuan and interest of 123.88 million yuan, secured by pledges and guarantees [3] - Taiyuan Qiaoyou Chemical Co., Ltd. has a principal balance of 6.99 million yuan and interest of 550.43 thousand yuan, guaranteed without collateral [3] - Shanxi Tengxiang Sports Goods Sales Co., Ltd. has a principal balance of 21.50 million yuan and interest of 14.61 million yuan, with collateral already adjudicated for debt repayment [3]

Core Viewpoint - The company received a regulatory letter from the Shanghai Stock Exchange regarding its 2024 annual report, prompting a detailed response concerning its small loan business and related financial disclosures [1][2]. Group 1: Small Loan Business and Debt Transfer - The company’s subsidiary, Shanghai Angli Jiuding Pawn Co., transferred a debt of 57 million yuan to its joint venture, Shanghai Xuhui Angli Small Loan Co., which has paid 40 million yuan, leaving a balance of 17 million yuan [1][2]. - The company reversed a loan impairment loss of 39.25 million yuan, significantly impacting its net profit attributable to shareholders [1][2]. - The debt transfer agreement was signed to fulfill obligations under a previous cooperation agreement, which aimed to mitigate risks associated with uncollectible loans [6][14]. Group 2: Financial Data and Impairment Losses - The company reported a total loan issuance and advance balance of 425,000 yuan at the end of 2024, with a loan loss provision of 2.0599 million yuan [16][18]. - The impairment loss for the loans to Shanghai Xuhui Angli Small Loan Co. was calculated at 1.275 million yuan, reflecting a 75% provision rate due to the company's financial difficulties [12][16]. - The company’s financial statements indicated a net profit loss of 23.14 million yuan for the year, with significant asset impairment losses recorded [16][18]. Group 3: Legal and Regulatory Compliance - The company’s audit firm confirmed that the accounting treatment for the impairment reversals and provisions complied with accounting standards [19]. - The company faced legal challenges regarding the collection of loans, which were complicated by ongoing litigation involving the borrowers [9][14]. - The Shanghai First Intermediate People's Court ruled in favor of the company in a related lawsuit, clarifying the debt relationship with the small loan company [15][16].

Core Viewpoint - Yunnan Jinggu Forestry Co., Ltd. faces significant operational challenges due to declining demand in the artificial board industry, exacerbated by increased competition and a downturn in the real estate market, leading to substantial financial losses in 2024 [1][3][16]. Financial Performance - In 2024, the company reported a revenue of 447 million yuan, a year-on-year decrease of 24.20%, and a net profit of -73 million yuan, marking a shift from profit to loss [3][12]. - The company's gross profit margin fell to 1.74%, indicating severe profitability issues [3][12]. - The company’s net assets were reported at 80 million yuan, with cash reserves dwindling to 14 million yuan, and a debt-to-asset ratio of 75.44% [3][12]. Market Conditions - The artificial board market is experiencing a significant supply-demand imbalance, with a notable increase in production capacity leading to intensified competition [6][10][17]. - The real estate sector's downturn has directly impacted the demand for artificial boards, as these products are closely tied to the housing market [5][6][16]. - The company’s primary products, particleboard and fiberboard, are heavily influenced by the performance of the downstream furniture and home decoration industries, which are currently facing challenges [5][6][16]. Industry Dynamics - In 2024, the artificial board industry saw the largest annual increase in production capacity in history, with 48 new production lines adding 15.41 million cubic meters per year [10][11]. - The competitive landscape has shifted, with larger companies leveraging their financial strength to engage in price wars, further squeezing smaller players like Yunnan Jinggu [14][17]. - The company’s main customer, PIANO, has ceased orders due to its own operational challenges, reflecting broader market difficulties [9][15]. Strategic Responses - The company plans to optimize its cost structure, adjust market positioning, and enhance internal management to navigate the current downturn [18][19]. - A strategic shift towards customized products and improved production technology is being considered to regain market competitiveness [19][20]. - The company has decided not to renew its lease for production lines in the chemical forestry business, reallocating resources to more profitable segments [20][22].

Group 1 - The company has approved the transfer of receivables from its wholly-owned subsidiary to enhance asset efficiency and optimize financial structure [2] - The total amount for the receivables transfer is set at 6.3 million yuan, with the buyer being Changsha Liande Network Technology Co., Ltd [2] - As of the announcement date, the buyer has made an initial payment of 3 million yuan, with the remaining 3.3 million yuan to be paid by October 1, 2025 [3] Group 2 - The board of directors has ensured that the information disclosed is true, accurate, and complete [1] - The company will continue to fulfill its information disclosure obligations based on the progress of the transaction [4] - Relevant documents, including the receivables transfer contract, are available for review [5]

根据贵部下发的关于对吉药控股集团股份有限公司（以下简称"吉药控股" 或"公司"）的关注函（创业板关注函〔2023〕第 4 号）的要求，中准会计师 事务所（特殊普通合伙）（以下简称"本所"）组织相关人员，对贵部关注函中 提及的问题，严格按照要求进行认真、详细的核查，就相关事项回复如下： 深圳证券交易所创业板公司管理部： 中准会计师事务所（特殊普通合伙） Zhongzhun Certified Public Accountants 关于对吉药控股集团股份有限公司的关注函的回复 问题 1：公告显示，2022 年 12 月 13 日，朱余勇通过京东网络司法拍卖平 台，以 2,401 万元竞得公司子公司吉林金宝药业股份有限公司（以下简称金宝药 业）48%股权；2022 年 12 月 25 日，吉林股权交易所股份有限公司通化分公司出 具了《股东名册》，朱余勇已完成金宝药业股东的股权变更。前期公司公告显示， 朱余勇系吉林省梅河建设发展有限公司（以下简称梅河建设）的法定代表人，梅 河建设控股股东为梅河口市财政局。 （3）请你公司说明金宝药业股权拍卖事项预计对你公司 2022 年期末净资 产、净利润的影响，相关会计处理的具体依 ...