Values Cultural Investment Ltd. Publishes Audited Financial Results for Year Ended 31 December 2024
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Values Cultural Investment Ltd. has published its audited financial results for the year ended 31 December 2024. The supplemental announcement, dated 28 March 2025, provides additional details without changing the previously disclosed financial data. As of 31 July 2025, the company recovered approximately RMB2,428,800 from overdue trade receivables, with significant credit risk linked to Companies A, B, C, and D. Company C, a subsidiary of a TV station, faces management changes and a 100% impairment provision. This information is intended for shareholders and potential investors.
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