On May 20, the Shenzhen Stock Exchange issued an annual report inquiry letter to Xinyan Holdings (Rights Protection), requesting to combine the company's cash flow situation, daily operating needs, future capital expenditure plans, due repayment arrangements for interest-bearing liabilities, the company's financing channels and capabilities, etc., analyze whether the company has liquidity risks, the specific circumstances of overdue debt resolution plans, the recovery measures taken by creditors, and whether it faces greater debt repayment pressure.

Combined with current operating conditions, interest expenses, accepting donations, debt forgiveness, andbookofrafixedbonusOther income, non-operating income, recognition of major order income in the fourth quarter and basis, order gross profit margin, etc., explain the reasons for the company's low net assets attributable to the parent in the current period, interest expenses, other income, non-operating income, fourth quarter income, etc. Whether the confirmation of items is prudent and reasonable, and whether it may touch on the Shenzhen Stock Exchange's implementation of delisting risk warnings.

(Article source: Interface News)