002721SZSE

Announcement on Company's Uncompensated Loss Exceeding One-Third of Paid-in Capital

✨ AI Summary

Beijing Kingee Culture Development Co., Ltd. announces that its uncompensated losses reached 2,659,378,615 yuan as of December 31, 2025, exceeding one-third of its paid-in capital. This situation, primarily due to accumulated losses from previous years, requires approval at the 2025 annual general meeting. The company plans to address this by strengthening its development strategy, enhancing operational efficiency through AI and structural optimization, and improving internal management and risk control to achieve sustainable growth and financial stability.

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Full Translation

AI Translation· azure_openai

I. Situation Overview

According to the report issued by Beijing Xinghua Certified Public Accountants (Special General Partnership), the total assets of Beijing Kingee Culture Development Co., Ltd. as of December 31, 2025, are approximately 6,723,406,989 yuan, and the company's uncompensated losses amount to 2,659,378,615 yuan. The company's uncompensated losses exceed one-third of the paid-in capital. Based on the Company Law and relevant regulations, this matter requires submission to the 2025 annual general meeting for approval.

II. Main Reasons for Uncompensated Losses

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