Hezong Science & Technology(SZ:300477)2025-09-22 09:34Financial Status and Debt Management - The company has a high debt ratio of 90.29%, which significantly impacts its normal operations [3][21] - The company is actively seeking solutions to improve its financial situation, including optimizing cash flow and reducing unnecessary expenses [3][5] - There are over 100 million in commercial bills due that have not been settled, which may affect business operations and future financing [2][3] Market Position and Business Strategy - The company is focusing on enhancing its core competitiveness and profitability through business structure optimization and cost control measures [2][3] - The price of phosphoric iron has seen a slight recovery, indicating a potential market rebound, which the company is optimistic about [6][21] - The company is committed to improving internal controls and governance to facilitate high-quality development [3][5] Shareholder and Investor Relations - The company is under scrutiny regarding its market value management and has plans to enhance shareholder communication [2][3] - There are ongoing discussions about potential strategic partnerships and restructuring plans, although specific details are not disclosed [4][5][21] - The company emphasizes compliance with disclosure obligations as per the Shenzhen Stock Exchange regulations [4][10] Future Outlook and Measures - The company is taking steps to address internal control deficiencies identified in the 2024 audit report and is working towards rectifying these issues [6][9] - Efforts are being made to improve cash flow and manage short-term debt pressures, with a focus on timely collection of receivables [6][21] - The company is exploring new financing channels to support its operations and growth [3][5]