Zhengping Group: Received the regulatory letter on the 2025 annual performance forecast from the Shanghai Stock Exchange.
Zhengping Corporation announced that it has received a regulatory work letter from the Shanghai Stock Exchange regarding the 2025 performance forecast of Zhengping Road and Bridge Construction Co., Ltd. On January 31, 2026, the company disclosed that it is expected to incur a loss in its 2025 performance forecast, with revenue exceeding 300 million RMB, net profit negative, and net assets positive, but the auditor has doubts. The letter requires the company to verify and supplement items such as asset impairment, impairment of external investments, debt claims, and non-standard opinions related to income recognition costs. The company must clarify the situation of accounts receivable, supplement the main financial data of invested enterprises, and provide a written response within 10 trading days and disclose information as requested.
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