Mengjie Co., Ltd. (002397.SZ): Director Chen Jie voted against the company's report for the third quarter of 2025

Zhitong Finance App News, Mengjie Co., Ltd. (002397.SZ) announced that the 14th (temporary) meeting of the 7th board of directors of the company was held on October 23, 2025. Director Chen Jie voted against the company's 2025 third quarter report. Director Chen Jie cannot guarantee that the company's “2025 Third Quarter Report” is true, accurate, complete, and that there are no false records, misleading statements or major omissions.

Director Chen Jie said, “The company's previous financial treatment of bad debts due to Ye Yifeng (subsidiary) Fujian Dafang slept 63.3763 million yuan in loan funds mentioned in the administrative supervision measures decision, is a direct reflection of “negligence in recovering loan funds from Ye Yifeng.” Furthermore, without review by the board of directors, the full amount of bad debts was charged against the loan funds mentioned above, and there was no active investigation, and it did not comply with the formal financial processing process. On this issue, before and at the meeting of the company's board of directors held on October 23, I proposed an additional temporary bill 1: to return the amount of debt of more than 60 million yuan that had already been calculated as bad debts back to other accounts receivable accounts. However, Li Jun, the company's director, did not agree to add this temporary bill.

At the same time, the administrative supervision measures decision also states that from 2022 to 2024, the direct sales revenue and costs of the company's direct sales counter and subsidiary Fujian Dafang Sleep Technology Co., Ltd. (“Dafang Sleep”) were confirmed over time, the company's sales rebates reduced operating income over time, and employee remuneration and social security were calculated across periods.

In response to the above matters, the company did not adjust or process them in the “Report for the Third Quarter of 2025”, resulting in distorted financial data, lack of credibility, false records and misleading statements, so I voted “against”.”