Changrong Co., Ltd. announced that the company held a board meeting on December 10, 2025 to review and pass the bill on using the Provident Fund to cover losses, which still needs to be reviewed by the shareholders' meeting. As of December 31, 2024, the parent company's undistributed profit was -494 million yuan. It is intended to use surplus of 115 million yuan and capital of 379 million yuan to cover losses for a total of 494 million yuan. The main reason for the loss was the provision for impairment of long-term equity investments accrued in previous years. After implementation of the plan, the parent company's cumulative loss will be reduced to 0 yuan, surplus reserve to 0 yuan, and capital reserve to 2.49 billion yuan.

Changrong Co., Ltd. announced that the company held a board meeting on December 10, 2025 to review and pass the bill on using the Provident Fund to cover losses, which still needs to be reviewed by the shareholders' meeting. As of December 31, 2024, the parent company's undistributed profit was -494 million yuan. It is intended to use surplus of 115 million yuan and capital of 379 million yuan to cover losses for a total of 494 million yuan. The main reason for the loss was the provision for impairment of long-term equity investments accrued in previous years. After implementation of the plan, the parent company's cumulative loss will be reduced to 0 yuan, surplus reserve to 0 yuan, and capital reserve to 2.49 billion yuan.