
On the evening of 28 april, the chinese friends released their 2025 annual report. During the reporting period, the company achieved a total operating income of $309. 6713 million, with a net profit of $33. 374 million attributable to the shareholders of the listed company。
According to analysts, the damage reported in 2025 is a central manifestation of the historical burden of the quakers and, for the current quakers, is more noteworthy than the performance of the quakers and an effective advance in their pre-reorganization process。
Earlier, on the evening of 23 april, the quakers issued a communiqué stating that the company had received decision no. 2 (2026) zheul zheul zheul and decision no. 2 (2026) to initiate pre-reorganization of the company. In accordance with the relevant provisions of the shenzhen stock exchange entrepreneurship rules, the shenzhen stock exchange will impose a risk warning for the re-marketing of the company's shares if the court finds that the application for reorganization is admissible。
On 28 april, at the same time, the quakers issued an indicative announcement that company stock exchanges would be subject to other risk alerts and stock stoppages, stating that company shares would be subject to other risk alerts from the opening of the market on 30 april 2026, and that the short name of the stock would be changed from `quakers' to `st'; the stock code would remain unchanged at `300027'; and the daily stock exchange restrictions would remain unchanged at 20 per cent。
It is noteworthy that the court's formal approval of the commencement of the pre-reorganization meant that the initial recognition of the value and feasibility of the re-organization of the quakers had been made, and that its risk-solving procedures had formally begun to move forward, laying an important foundation for the subsequent introduction of strategic investors, the preparation of reorganization plans and the resolution of historical burdens. It was understood that the reorganization proceedings differed from the liquidation proceedings, which were designed to save the restructured business, preserve the legal personality of the restructured enterprise and restore the continued profitability of the restructured enterprise, and to relieve the restructured business from financial and operational difficulties by restructuring its assets and managing its operations. To date, a number of listed companies have successfully completed the restructuring process, with good economic and social results. Yin yun




