Shenzhen Huangdi International Holdings Limited (hereinafter referred to as the "Company") issued this announcement on April 22, 2026, at the first session of the board of directors' meeting. The board approved the proposal regarding uncovered losses reaching one-third of the paid-in capital, with specific circumstances as follows:
Summary
According to the report from the Company's auditing firm (specializing in auditing), the Company’s paid-in capital as of December 31, 2025, is CNY 1,182,528,220, with uncovered losses amounting to CNY 4,998,416.73.
Main Reasons for Losses
The Company’s uncovered losses exceeding one-third of the paid-in capital are primarily due to:
- The core business's operating conditions deteriorating.
- The impact of the 2024 economic downturn on business operations, leading to a direct decrease in revenue and profit.
- Increased financing costs.
- The market environment for real estate in 2025 is expected to decline.
Response Measures
To improve the Company's financial situation and maintain overall profitability, the Company plans to take the following measures:
- Actively promote business transformation and reduce overall financing risks.
- Focus on core businesses, enhancing profitability and stability.
- Strengthen internal management and improve operational efficiency.
- Optimize resource allocation and enhance overall operational efficiency.