*ST声迅(003004) - 2025年5月14日投资者关系活动记录表

Group 1: Company Overview and Financial Performance - The company reported a slight increase in overall revenue for 2024, but faced a significant decline in gross profit margin due to intensified competition, resulting in a year-on-year decrease in gross profit [2][3] - In 2024, the company recognized various impairment losses totaling approximately 37.6 million yuan [3] - The company adopted a cautious approach in 2024, overestimating bad debt provisions by 7 million yuan, although actual bad debts were minimal [4] Group 2: Cash Flow and Collection Measures - In Q1 2025, the company achieved cash collections of approximately 90 million yuan, comprising 70 million yuan in cash and 20 million yuan in notes [5] - The company holds weekly and monthly meetings to monitor cash collection status, with performance metrics increasingly tied to collection outcomes [5] Group 3: Strategies to Address Losses and Delisting Risks - The company’s board and management are committed to implementing effective measures to improve operational and financial conditions, aiming to eliminate delisting risk warnings [6] - Key strategies include focusing on core security operations, controlling costs, enhancing sales incentives, and increasing efforts to collect receivables [6] - The company plans to explore mergers and acquisitions that align with its strategic development goals [7] Group 4: Debt and Asset Management - The company has over 100 million yuan in unutilized fundraising, which is expected to generate revenue once investment projects are completed [8] - The company’s net assets exceed 700 million yuan, with an asset-liability ratio below 40%, providing a solid foundation for debt repayment capabilities [8] Group 5: Conditions for Lifting Delisting Risk Warning - The company can apply to lift the delisting risk warning if it meets specific financial criteria in its 2025 audited report, including a positive net profit or a minimum operating revenue of 300 million yuan [8]