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According to Tongde Chemical's announcement, Beijing Dehao International Accounting Firm issued a qualified audit report on the company's financial statements from January to September 2026. From January to September 2026, the company had revenue of 249 million yuan and a net loss of 164 million yuan. As of September 30, 2026, the company's monetary balance was 122 million yuan, current liabilities exceeded current assets of 1,093 million yuan, short-term loans were all overdue by 483 million yuan, and long-term loans were overdue by 755 million yuan. There was significant uncertainty about its ability to continue operation; audit evidence relating to ongoing construction, impairment of goodwill, and some supply chain business funds and foreign investment was insufficient.
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Tongde Chemical announced that Beijing Dehao International Accounting Firm issued a qualified audit report on the company's financial statements from January to September 2026. From January to September 2026, the company had revenue of 249 million yuan and a net loss of 164 million yuan. As of September 30, 2026, the company's monetary balance was 122 million yuan, current liabilities exceeded current assets of 1,093 million yuan, short-term loans were all overdue by 483 million yuan, and long-term loans were overdue by 755 million yuan. There was significant uncertainty about its ability to continue operation; audit evidence relating to ongoing construction, impairment of goodwill, and some supply chain business funds and foreign investment was insufficient.
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