FilingReader Intelligence
Xiamen C&D addresses concerns on receivables and debt
July 4, 2025 at 11:59 AM UTC•By FilingReader AI
Xiamen C&D Corp (SSE:600153) has responded to the Shanghai Stock Exchange's inquiry regarding its 2024 annual report, addressing concerns about its increasing other receivables despite declining revenue. The company attributed this to its real estate development business model, which involves cooperative projects and pre-sales.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
SSE:600153•Shanghai Stock Exchange
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