Shenghang Co., Ltd.: The Company's Current Financial Position is Sound

NightAirdropper · 2026-03-20T15:53:34+00:00

Sheng Hang Co., Ltd. Secretary to the Board stated that the company's operations are normal, its financial condition is solid, there is no risk of freezing of the controlling shareholder's shares, and the company has sufficient cash flow to pay interest. Secondary market stock prices are affected by multiple factors, and investors need to pay attention to risks.

NightAirdropper

2026-03-20 15:53:34

Abstract generation in progress

Securities Star News, Shenghang Co., Ltd. (001205) responded to investor questions on the investor relations platform on March 17.

Investor: Dear Ms. Secretary, if the company is operating at a loss and cannot pay the interest on borrowed funds used to buy ships, there is a risk of the company’s equity being frozen. Has the company considered selling ships to ease financial pressure? After all, the company’s ships are quite old and are heavy assets.

Shenghang Co., Ltd. Secretary: Dear investor, hello! Thank you for your concern about the company. The company’s current operations are normal. We have confirmed with our controlling shareholder, Wanda Holding Group Co., Ltd., that there is no risk of the company’s shares being frozen. The company’s current financial situation is good. Thank you!

Investor: Dear Shenghang Co., Ltd., the company’s stock price has hit a new low since April 10, 2025. How do you view Shenghang Co., Ltd. in the secondary market? Does the company have enough cash flow to pay bank interest?

Shenghang Co., Ltd. Secretary: Dear investor, hello! Thank you for your concern about the company. The trading price in the secondary market is influenced by multiple factors such as macroeconomic conditions, policy environment, industry cycle changes, and market sentiment, which makes it uncertain. Please be aware of investment risks. The company’s current operations are normal, and cash flow is stable. According to the disclosed periodic reports, the company’s net operating cash flow for the first three quarters of 2025 was 344 million yuan. The company has sufficient cash flow to pay bank interest; additionally, the company is optimizing its debt structure and financial costs to promote a reasonable decline in financial expenses. Thank you!

The above content is compiled from publicly available information by Securities Star and generated by AI algorithms (Wangxin Calculation Backup No. 310104345710301240019). It does not constitute investment advice.

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