Capital Online: Revenue in 2025 was 1.237 billion yuan, a year-on-year decrease of 11.47%.

The Capital Online announcement stated that Citi Securities, as the company's continuous supervision sponsor, highlighted several issues for the company to pay attention to during the 2025 on-site inspection. The company's revenue in 2025 was 1.237 billion RMB, a year-on-year decrease of 11.47%; the non-recurring net profit was a loss of 186 million RMB, a decrease of 37.09% compared to the same period last year. In 2022, 6.2247 million RMB from the stock issuance fund account for specific objects was frozen, but as of the end of 2025, there were no other restrictions on the use of the raised funds. The sponsor recommended that the company improve its governance structure, prevent operational risks, deal with fund freezes, improve performance, and disclose information in a timely manner.