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.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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