Announcement on Progress of Matters Related to the Company's Stock Being Subject to Other Risk Warnings
This announcement details the progress of Zhejiang Nandu Power's efforts to lift the "other risk warning" on its stock. The company has implemented corrective measures for internal controls, debt management, and litigation. While 163 accounts are frozen, impacting operations, the company is actively negotiating with creditors and courts to resolve the debt crisis and protect investor interests.