000583SZSE

Performance Correction Announcement

S*ST Top Co., Ltd.··4 pages

✨ AI Summary

Sichuan Top Software Investment Co., Ltd. announced a significant loss of approximately 230 million RMB for the year 2006, revising earlier forecasts of a loss between 100 to 120 million RMB. The company’s financial situation has deteriorated, with most subsidiaries ceasing operations and facing severe financial distress. The announcement also highlights potential delisting risks due to consecutive losses over three years.

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Full Translation

AI Translation· azure_openai

Securities Code: 000583
Securities Abbreviation: S*ST Top
Announcement Number: 20070415

Sichuan Top Software Investment Co., Ltd. and all members of its board of directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.

I. Expected Performance for the Current Period

  1. Performance Forecast Period: January 1, 2006, to December 31, 2006
  2. Performance Forecast Revision:
    • √ Loss
    • Turnaround
    • Significant Increase
    • Significant Decrease

According to the preliminary audit by the company's auditing firm, the company is expected to incur a significant loss in 2006, with an estimated loss of approximately 230 million RMB for the period from January to December 2006. Specific data can be found in the company's 2006 annual report.

  1. Has the performance forecast revision been reviewed by a registered accountant?
    • √ Yes
    • No

The auditing firm for the company's 2006 annual review is Tianjian Huazheng Zhongzhou (Beijing) Accounting Firm Co., Ltd. After communication, there are no discrepancies between the company and the registered accountant regarding the performance forecast.

II. Performance for the Same Period Last Year (2005)

  1. Net Profit: -68,124.07 million RMB
  2. Earnings Per Share: -2.94 RMB

III. Differences Between the Current Performance Forecast and Previously Disclosed Performance Forecasts

  1. The previously disclosed performance forecast for the current period was published on October 31, 2006, in "China Securities Journal," "Shanghai Securities Journal," and "Securities Times."
  2. The previously disclosed performance forecast indicated:
    • √ Loss: It was expected that the company would incur a loss for the entire year of 2006, with an estimated loss of approximately 100 to 120 million RMB. The specific loss amount for the entire year of 2006 will be disclosed in the 2006 annual report. Currently, based on the preliminary review, the company expects a loss of approximately 230 million RMB.

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