Values Cultural Investment Ltd. Publishes Audited Financial Results for Year Ended 31 December 2024

Reuters
08/27
<a href="https://laohu8.com/S/01740">Values Cultural</a> Investment Ltd. Publishes Audited Financial Results for Year Ended 31 December 2024

Values Cultural Investment Ltd., incorporated in the Cayman Islands, has released a supplemental announcement concerning its audited financial results for the year ended 31 December 2024. The announcement, which references the annual report dated 28 March 2025, provides additional details without altering the financial data initially disclosed. As of 31 July 2025, the company successfully recovered approximately RMB2,428,800 from previously overdue trade receivables for the fiscal year 2024. The breakdown of trade receivables highlighted credit-impaired and individually-assessed balances, with a significant portion linked to Companies A, B, C, and D. Notably, Company C, a subsidiary of a TV station, has been undergoing management changes, leading to increased credit risk and a continued 100% impairment provision. The supplemental information serves to inform shareholders and potential investors without impacting the financial statements and other data from the original 2024 Annual Report.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Values Cultural Investment Ltd. published the original content used to generate this news brief on August 27, 2025, and is solely responsible for the information contained therein.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

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