Core Viewpoint - Chengdu Road and Bridge Engineering Co., Ltd. has made progress in the overdue settlement distribution of its financial products, with the company set to receive a distribution of approximately 112.72 million yuan from a trust plan, which will positively impact its financial results and liquidity [1][4]. Group 1: Financial Product Overview - The company subscribed to the China Railway Trust Pan County Hongteng Investment Loan Project Trust Plan, acquiring a total of 15.6 million units, equivalent to 156 million yuan, from 2021 to 2023 [2]. - Due to the debtor's failure to fulfill contractual obligations, the trust's beneficiary rights have been extended indefinitely, resulting in a cumulative fair value loss of approximately 57.46 million yuan by the end of 2024 [2]. Group 2: Trust Plan Debt Restructuring - Following the overdue status of the trust plan, the company has actively engaged with relevant parties to minimize potential losses and protect shareholder interests, leading to a lawsuit filed by China Railway Trust in January 2025 [3]. - The company’s board approved a resolution to participate in the beneficiary meeting and support the debt restructuring plan, confirming a distributable trust fund of 112.72 million yuan, with a principal loss of approximately 43.28 million yuan, representing 47.33% of the company's audited net profit for 2024 [3]. Group 3: Impact on the Company - The anticipated receipt of the trust distribution is expected to reverse a previously recognized fair value loss of approximately 14.17 million yuan, potentially increasing the company's pre-tax profit by the same amount [4]. - The proceeds from the trust plan will be utilized to enhance the company's liquidity, providing financial support for future development [4].