Core Viewpoint - The company addresses recent online reports regarding a "200 million salary arrears" issue, clarifying that some information is inaccurate and has negatively impacted its brand reputation and caused distress to employees, partners, and consumers [1] Group 1: Company Situation - The company will terminate its ready-to-drink (RTD) beverage business by the end of 2024 due to strategic missteps, leading to cash flow pressures and delays in salary payments and supplier settlements [1] - The company has completed the payment of most salary arrears for current employees over the past year with government support, while addressing the salary issues of former employees in batches [1] - The core bagged tea business continues to operate normally, with full production capacity and unaffected sales and deliveries, which is essential for ensuring employee rights and repaying debts [1] Group 2: Industry Position and Actions - The company has been a leader in standardizing the tea industry and has contributed to the development of various industry standards over its 12 years of operation [2] - The company is committed to maintaining high-quality products and services despite current challenges, focusing on stabilizing core business operations and ensuring timely salary payments for current employees [2] - The company plans to collaborate with the government and shareholders to secure new investment resources to fundamentally resolve its financial difficulties [2] - Legal actions are being pursued against those spreading false information and malicious rumors to protect the company's legal rights and maintain market order [2]

Core Viewpoint - The company addresses recent reports regarding a "200 million" salary arrears issue, clarifying that some information is inaccurate and has negatively impacted its brand reputation and caused distress to employees, partners, and consumers [1] Group 1: Business Operations - The company has decided to terminate its ready-to-drink (RTD) beverage business by the end of 2024 due to strategic missteps, leading to cash flow pressures and delays in salary payments and supplier settlements [1] - Despite these challenges, the company's core bagged tea business continues to operate normally, with full production capacity and unaffected sales and deliveries, which is essential for ensuring employee rights and repaying debts [1] Group 2: Action Plan - The company has outlined two main action directions: ensuring stable operations of core business and prioritizing salary payments for current employees while negotiating debts with suppliers; and actively seeking new investment resources through government and shareholder collaboration to address the current financial difficulties [2] - To combat false information and malicious defamation, the company has engaged legal counsel to pursue accountability for those spreading rumors, while also emphasizing the importance of media integrity in reporting [2] Group 3: Communication Strategy - The company plans to establish a regular communication mechanism, including a dedicated communication channel for employee, partner, and public inquiries, and will provide regular updates on salary payment progress to relevant authorities [2]

Core Viewpoint - The company, Guangzhou Chali Group Co., Ltd., has addressed recent reports regarding a "200 million salary arrears" issue, clarifying that some information is inaccurate and has negatively impacted its brand reputation and stakeholders [1]. Group 1: Business Operations and Financial Situation - The company has decided to terminate its ready-to-drink (RTD) beverage business by 2024 due to strategic missteps, leading to cash flow pressures and delays in employee salary payments and supplier settlements [1]. - Despite these challenges, the core bagged tea business continues to operate normally, with full production capacity and unaffected sales and deliveries, which is essential for ensuring employee rights and repaying debts [1][2]. Group 2: Actions and Future Plans - The company has outlined two main action directions: ensuring stable operations of core business and prioritizing salary payments for current employees while negotiating debts with suppliers; and actively seeking new investment resources through government and shareholder collaboration to resolve financial difficulties [2]. - To combat misinformation and protect its legal rights, the company has engaged a law firm to pursue accountability for those spreading false information and has requested media to verify facts before publication [2][5]. Group 3: Communication and Transparency - The company plans to establish a regular communication mechanism, including a dedicated email for inquiries and feedback from employees, partners, and the public, and will provide regular updates on salary payment progress to relevant authorities [2][6].