Addsino: Uncovered losses reach one-third of paid-in capital

Addsino, also known as Aerospace Industry Development Co., Ltd., announced that its unrecovered losses have exceeded one-third of its total paid-in capital. According to an audit by Reanda Certified Public Accountants (Special General Partnership), as of December 31, 2024, the unappropriated profit in the company's consolidated financial statements was CNY -536,765,609.10, while the paid-in capital of the registered capital was CNY 1,598,468,269.00.