*St Changdong: an advance loss of 235 million yuan to 350 million yuan in 2021
*St Changdong announced the annual performance forecast for 2021. The company expects to achieve a net loss attributable to shareholders of listed companies of RMB 235 million to RMB 350 million in 2021; It is estimated that the net loss after deducting non recurring profits and losses in 2021 will be 120 million yuan to 180 million yuan. During the reporting period, the business of the company and its main subsidiaries remained basically at a standstill due to multiple factors such as shortage of funds, impact of the epidemic, loss of personnel, litigation and entrusted operation disputes, and there were obvious signs of impairment of relevant assets; At the same time, the company's huge debts are still overdue, resulting in the company's loss during the reporting period.
This text is a result of machine translation.
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