Core Viewpoint - Shenzhen Zhaochi Co., Ltd. is progressing with the sale and disposal of assets, including a debt settlement agreement with Nanchang Zhaochi Investment Partnership and Mr. Gu Wei, aimed at mitigating financial risks and ensuring stable operations for the company [1][8]. Summary by Sections 1. Overview of Related Transactions - The company has agreed to a debt settlement agreement concerning the transfer of receivables with Nanchang Zhaochi Investment Partnership and Mr. Gu Wei [1]. 2. Progress of Related Transactions - The company has signed a debt settlement agreement, confirming that as of June 16, 2025, Nanchang Zhaochi has repaid a total of 1.26552 billion yuan, with remaining receivables still owed [4][5]. 3. Basic Information of Related Parties - Nanchang Zhaochi Investment Partnership has total assets of 6.765021 billion yuan and total liabilities of 6.4476918 billion yuan as of December 31, 2024, with a net asset of 317.3292 million yuan [2]. 4. Main Content of the Debt Settlement Agreement - The agreement allows for the repayment of receivables to be extended until December 31, 2027, with no interest charged on repayments made during this period [4][5][6]. 5. Purpose of the Transaction and Impact on the Company - The transaction aims to alleviate risks associated with Evergrande's receivables and maintain stable operations, with the company actively pursuing the recovery of funds to protect shareholder interests [7][8]. 6. Stock Pledge for Security - Nanchang Zhaochi has pledged approximately 4 billion yuan worth of company stock as collateral for the repayment, providing a safeguard for the company's financial security [9].