Gosuncn Technology Group Co Ltd Class AClarifies debt restructuring is negotiated principal, not write-down, protecting shareholder interests; strong revenue and cash flow growth.

Gosuncn has clarified the market's focus on its 2.5 billion yuan accounts receivable debt restructuring. The announcement states that the figure of no more than 2.5 billion yuan refers to the principal amount of claims included in the restructuring negotiations, not the amount of any write-down. The company emphasized that this debt restructuring negotiation will hold the bottom line and earnestly safeguard the legitimate interests of the listed company and all shareholders. The restructuring mainly targets overdue debts that are historical in nature and difficult to collect through conventional means, leveraging the current opportunity of local debt resolution. Receivables with good collection prospects will continue to be pursued normally and will not participate in the restructuring. All claims to be restructured will be handled on a case-by-case basis, with prudent negotiations taking into account the age of the debt and the debtor's financial situation, guided by the core principle of preserving the company's claims to the greatest extent possible. The company's overall revenue for 2025 was 1.989 billion yuan, up 40.39% year-on-year, with net operating cash flow up 164.78% year-on-year, marking five consecutive years of positive cash flow. In the first quarter of 2026, revenue reached 510 million yuan, up 35.61% year-on-year, with net profit attributable to the parent company of 23.1565 million yuan, up 1,277.66% year-on-year, and net cash flow from operating activities of 35.3709 million yuan, turning positive year-on-year with an increase of 201.93%, achieving positive net operating cash flow in the first quarter for the first time since listing.
Gosuncn Technology Group Co Ltd Class AClarifies debt restructuring is negotiated principal, not write-down, protecting shareholder interests; strong revenue and cash flow growth.