Guofa Co., Ltd.: Subsidiary Terminates Imaging Center Cooperation Project, with Cumulative Losses of 15.77 Million Yuan Over 5 Years

LightningPacketLoss · 2026-03-23T18:43:36+00:00

Guofa Share's subsidiary terminated the cooperation agreement with the imaging center of Suqian Xinxing Rehabilitation and Physical Examination Company to control investment risks and reduce losses. Since its operation in 2020, the project has accumulated losses of 15.77 million yuan, and is expected to impact the loss and gain by -3.73 million yuan in 2025.

LightningPacketLoss

2026-03-23 18:43:36

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On March 23, Guofa Shares announced that its wholly owned subsidiary, Beijing Xiangya Medical Technology Co., Ltd., signed an agreement with Suqian Xinxing Rehabilitation and Medical Examination Co., Ltd., to terminate the cooperation agreement for the Suqian Imaging Center.

Due to market conditions and other factors, the revenue from the Suqian Imaging Center project did not meet expectations. To control investment risks and reduce operational losses, both parties mutually agreed to terminate the joint construction cooperation contract for the Suqian Xinxing Rehabilitation and Medical Examination Center.

The announcement stated that the Suqian Imaging Center has been officially operating since 2020. By the end of 2025, Beijing Xiangya has accumulated a loss of 15.77 million yuan from the operation of the Suqian Imaging Center project. The termination of the cooperation agreement with the Suqian Imaging Center is expected to impact the company’s 2025 financial results by a loss of approximately 3.73 million yuan.

(Guofa Shares Announcement)

(Edited by: Yang Yan, Lin Chen)

Keywords: Healthcare

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