Minkave faces continued scrutiny despite revenue, equity gains

** Shenzhen Minkave Technology (SZSE:300506) faces ongoing financial challenges, as highlighted in its 2024 annual report and related announcements. While the company reported a 44% year-over-year increase in revenue, reaching 116.89 million yuan, and its board of directors expressed confidence in strategies to enhance market competitiveness, its auditor, Zhongxinghua Certified Public Accountants, issued a qualified opinion citing significant uncertainties about Minkave's ability to continue as a going concern. This marks the second consecutive year Minkave has received such a designation, with prior year's auditor citing doubts.