002285SZSE

Announcement on Company's Uncovered Losses Reaching One-Third of Paid-in Capital

✨ AI Summary

Shenzhen Shilianhang Group Co., Ltd. announced that its uncovered losses have exceeded one-third of its paid-in capital, amounting to approximately CNY 1.09 billion. The board has proposed measures to address the losses, including focusing on core business and optimizing cost structures. The company aims to improve financial conditions and protect shareholder interests through various strategic initiatives.

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Full Translation

AI Translation· azure_openai

Shenzhen Shilianhang Group Co., Ltd. (hereinafter referred to as "the Company") and all members of the board guarantee that the content of this announcement is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

On April 2, 2026, the Company held the 28th meeting of the 6th Board of Directors, where it reviewed and approved the proposal regarding the Company's uncovered losses reaching one-third of the total paid-in capital. According to the Company Law of the People's Republic of China and the Articles of Association of Shenzhen Shilianhang Group Co., Ltd., this matter needs to be submitted to the shareholders' meeting for deliberation. The relevant situation is announced as follows:

I. Overview of the Situation

According to the annual audit report for 2025 issued by Lixin Certified Public Accountants (Special General Partnership), as of December 31, 2025, the Company's consolidated financial statements showed an undistributed profit of -1,089,142,733.44 CNY, with uncovered losses amounting to 1,089,142,733.44 CNY and paid-in capital of 1,992,829,038.00 CNY. The uncovered losses exceed one-third of the total paid-in capital.

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