ST Berry announced that the company signed a “cash donation agreement” with 7 restructuring investors and received a total of 130 million yuan in cash. The gifts were unconditional and irrevocable. The company did not need to pay any consideration. The relevant profits were to be included in the capital reserve, and the final accounting process was based on the audit results. This grant is used to guarantee the progress of the restructuring process and improve the company's cash flow. Up to now, the company has not entered the restructuring process, and there is uncertainty about whether it will proceed later. If the restructuring fails, there is a risk that the company will be declared bankrupt or its stock listing terminated.

Zhitongcaijing · 1d ago
ST Berry announced that the company signed a “cash donation agreement” with 7 restructuring investors and received a total of 130 million yuan in cash. The gifts were unconditional and irrevocable. The company did not need to pay any consideration. The relevant profits were to be included in the capital reserve, and the final accounting process was based on the audit results. This grant is used to guarantee the progress of the restructuring process and improve the company's cash flow. Up to now, the company has not entered the restructuring process, and there is uncertainty about whether it will proceed later. If the restructuring fails, there is a risk that the company will be declared bankrupt or its stock listing terminated.