Group 1 - The core viewpoint of the report is to provide an overview of the bond management and the financial status of Haining China Leather City Co., Ltd. for the year 2024 [1][2][4] - The company issued a bond named "24皮城01" with a total issuance scale of 4 billion RMB and a coupon rate of 2.30% [2][4] - The company reported total revenue of 1.096 billion RMB in 2024, a decrease of 15.10% compared to the previous year, with net profit attributable to shareholders dropping by 54.84% to 56 million RMB [4][9] Group 2 - The total assets of the company as of the end of 2024 were 13.281 billion RMB, an increase of 2.45% from the previous year, while total liabilities rose by 4.98% to 4.575 billion RMB [4][9] - The company has maintained a healthy financial status with a current ratio of 1.11 and a quick ratio of 0.73, indicating adequate liquidity [4][9] - The company has established a special account for the management of bond proceeds, ensuring compliance with the intended use of funds, although there were some initial irregularities that have since been rectified [6][7]