On February 17, Guirenniao Co.Ltd(603555) disclosed the announcement on the holding of the explanation meeting on terminating the sale of major assets. According to the announcement, the company currently has no plan to hire an image spokesperson. The company's brand Department has formulated relevant plans to reshape the brand image and is starting to implement them. After the reorganization of the company, the bank credit has yet to be restored, and it is impossible to apply for bank loans normally in the short term, nor to carry out bond issuance financing and other related businesses.