Core Viewpoint - *ST Zhanggu has signed a restructuring investment agreement with eight investors, including three A-share companies: Electric Broadcaster Media, Mango Super Media, and Caesar Travel, to facilitate its restructuring process amid debt issues [1][4]. Group 1: Restructuring Agreement - The restructuring investment agreement was signed on November 13, involving multiple investors, including Electric Broadcaster Media, Mango Super Media, and Caesar Travel [4]. - The agreement aims to leverage *ST Zhanggu's local advantages, particularly focusing on revitalizing the Dayong Ancient City project through collaboration in brand upgrading and operational management [4][5]. Group 2: Financial Performance - *ST Zhanggu has faced significant financial losses, with net profits for 2022, 2023, and the first three quarters of 2025 reported as -260 million, -239 million, and -22.4 million yuan respectively [8]. - The company's revenue for 2024 was approximately 431.6 million yuan, showing a 2.77% increase from 2023, but the net profit attributable to shareholders was -582 million yuan, reflecting a 143.22% decline compared to the previous year [10]. Group 3: Future Plans - The company plans to enhance its competitive edge by acquiring and investing in quality cultural tourism resources within Zhangjiajie City, supported by local government resources [5][6]. - If the restructuring is successful, it is expected to improve the company's financial structure and operational status, paving the way for sustainable development [7].