Group 1 - The core viewpoint of the article is that the company, Triangle Defense, asserts the authenticity and accuracy of its financial reports, denying any allegations of financial fraud [2] - The company emphasizes that it and its board members, supervisors, and senior management strictly adhere to the Company Law, Securities Law, and various regulations set by the China Securities Regulatory Commission and stock exchanges, upholding principles of honesty and integrity [2]

Core Viewpoint - Mengjie Co., Ltd. reported its Q3 2025 financial results, showing a revenue increase of 9.76% year-on-year, while the first three quarters saw a revenue decline of 7.97% compared to the previous year [2][3]. Financial Performance - Q3 2025 revenue reached 366 million yuan, up 9.76% year-on-year [2][3]. - Q3 2025 net profit was 1.10 million yuan, reflecting a significant increase of 131.11% year-on-year [2][3]. - For the first three quarters of 2025, total revenue was 1.10 billion yuan, down 7.97% year-on-year, while net profit was 26.52 million yuan, up 28.69% year-on-year [2][3]. Board Meeting and Disputes - On October 23, 2025, Mengjie Co., Ltd. held a board meeting where board member Chen Jie voted against the Q3 report, citing concerns over the accuracy and completeness of the financial data [2][5]. - Chen Jie has consistently opposed multiple financial reports since joining the board in February 2023, totaling nine objections to date [5]. - The company responded to Chen Jie's concerns, stating that it is addressing the issues raised in the administrative regulatory measures and has initiated debt recovery actions against Ye Yifeng [5][6]. Debt Recovery Actions - Mengjie Co., Ltd. has taken steps to recover debts owed by Ye Yifeng, including signing a debt confirmation and repayment arrangement agreement [5][6]. - Legal proceedings have been initiated against Ye Yifeng for non-compliance with the repayment agreement, with the Quanzhou Arbitration Commission accepting the case [6][7]. Company Overview - Mengjie Co., Ltd. focuses on home textile products, including bedding, pillows, and related home goods, integrating research, production, promotion, and sales [5].