Gauss Bell: The impact of the matters involved in the non-standard opinion of the 2024 audit has been eliminated.
The Gauss Bell announcement stated that the 2024 financial audit report contains a section on significant uncertainties regarding ongoing operations, due to continuous decline in revenue from 2022 to 2024 and revenue in 2024 being below 300 million RMB, as well as sustained losses in the past three years. On April 17, 2026, the audit report for the year 2025 received a standard unqualified opinion, with revenue of 364,522.23 million RMB exceeding the 300 million RMB threshold, no longer triggering the delisting warning situation. In addition, the company plans to issue A shares to specific investors to raise funds not exceeding 429.24 million RMB, which will supplement operating capital after the private placement is completed, restoring substantial operational capabilities. The board of directors believes that the impact of non-standard events in 2024 has been eliminated.
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