
GDC: Guangdong Global Digital Bankruptcy

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GDC announced that its indirectly non-wholly-owned subsidiary, Guangdong GDC Digital Creative Industry Co., Ltd., has been accepted for bankruptcy liquidation by the Guangzhou Intermediate People's Court, and a bankruptcy administrator was appointed on June 11, 2025. As a result, GDC no longer controls Guangdong GDC Digital Creative, and its financial performance will no longer be consolidated into the group's financial results
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