Kirin Xin'an: Still cooperating with the debtor, over 200 million yuan in receivables has been overdue for more than 2 years.

date
05/08/2025
On the evening of August 4th, Kunpeng Trust Security, known as the "first stock of domestic operating systems," responded to the inquiry letter issued by the Shanghai Stock Exchange earlier. The reporter noticed that before 2024, Kunpeng Trust Security had used a combined provision method for the bad debt provision for accounts receivable from the A1 unit; however, in the 2024 annual report, Kunpeng Trust Security changed to a single provision method, which attracted the attention of the exchange and led to an inquiry letter being sent. In the inquiry response, Kunpeng Trust Security stated that as of the end of 2024, the company's accounts receivable balance from the A1 unit was 2.23 billion yuan, and this accounts receivable originated from the sale of goods to the A1 unit in 2021 and 2022, which formed after the goods were shipped and confirmed by the A1 unit. As of now, the above-mentioned accounts receivable have not been collected.