C HEALTH GP (08225): Continuously promoting the recovery of funds and implementing different strategies based on the individual situations of debtors.

C HEALTH GP (08225) announced that, as disclosed in the company's "2024 Annual Report," as of December 31, 2024, the total accounts receivable balance of the company was RMB 128 million, and related impairment provisions have been fully provided in accordance with accounting standards. These receivables mainly come from the group's daily business operations and are considered industry norms. Progress of Debt Collection Since the annual report was released, the company has continued to actively recover receivables and has categorized strategies based on the different situations of debtors. The specific progress is as follows: For some related party receivables, the company has strengthened collection efforts through establishing special working mechanisms, continuous communication, and sending formal letters. The company has initiated arbitration proceedings and is actively following up through legal channels. Regarding receivables from non-related parties, for customers with good cooperation and willingness to repay, the company has optimized communication and negotiation, reached agreements with the customers, and received continuous repayments. From the date of the last announcement until the date of this announcement (approximately three months), these customers have repaid a total of RMB 11.21 million, and the repayment plan is being steadily implemented. For customers with longer aging receivables or facing operational difficulties, the company has entrusted third-party professional organizations for evaluation and disposition, and initiated relevant legal procedures to protect interests. For receivables with difficulties in recovery, the company has legally taken all necessary measures, including applying to list the debtors as dishonesty debtors and closely monitoring their asset status to take immediate action upon discovering actionable leads. Internal Management Optimization To fundamentally improve the quality of operating funds, the company has established an "Accounts Receivable Management Committee" led by the finance department and coordinated by multiple departments, specializing in debt collection. The company has also enhanced the full-process internal control from customer credit evaluation to account management to prevent additional risks. Future Plans The company will continue to take all necessary measures in a lawful and compliant manner, including but not limited to continued negotiations, pushing for arbitration enforcement, preparing for civil litigation, to maximize the recovery of receivables. The company will regularly report progress to the board of directors and fulfill information disclosure obligations in a timely manner in accordance with the rules of the Stock Exchange.