SUNING: rumors of bankruptcy at the end of the year are rumors that the company is operating normally.

SUNING's official Weibo statement refuted the rumors on November 16, saying that "SUNING declared bankruptcy at the end of December" was a rumor and that the company was operating normally. SUNING has reported the case to the public security organs and will be investigated for legal responsibility for rumor mongers in accordance with the law.

It is understood that on June 22nd, there was a news that SUNING would declare bankruptcy on July 2nd. SUNING responded on his official Weibo at that time that "with regard to online rumors, our company has called the police and will seriously pursue the legal responsibility of the rumor mongers." "

SUNING previously said that the third quarter of 2021 was the most difficult period in SUNING's 30-year development process. "We have encountered unprecedented difficulties, and there has been a serious shortage of liquidity since June. As a result, the inventory scale of the company's core electrical appliances 3C business hit an all-time low, and the sales scale declined sharply, resulting in a substantial loss on business performance. "

In the first three quarters of this year, SUNING's operating income reached 115.574 billion yuan, down 36.1% from the same period last year. The net profit belonging to shareholders of listed companies was 7.568 billion yuan, down 1483.29% from the same period last year. Deducting non-net profit was a loss of 9.215 billion yuan, down 813.38% from the same period last year.