China Fund News reporter Li Zhi
Another large pig farmer announced the cross-border layout of new energy projects. Recently, Zhengbang Technology said that the company signed a cooperation agreement with the Zhejiang Branch of the State Power Investment Group to strive to build about 10 million kilowatts of ecological photovoltaic, wind power and other energy sources within three years, and the investment is expected to reach about 40 billion yuan.
On June 20, the Shenzhen Stock Exchange quickly issued a letter of concern to it, which asked Zhengbang Technology to explain whether there were risks such as insufficient financial conditions to support the development of related projects.
Zhengbang Technology "hand in hand" state power investment
Invest 40 billion yuan to lay out photovoltaic wind power and other industries
On June 17, Zhengbang Technology issued an announcement that the company and SDIC signed the "Carbon Neutral" Comprehensive Smart Energy Project Cooperation Agreement (hereinafter referred to as the "Agreement") on June 17, 2022, and the two sides established cooperation on investment and development of projects such as guangyou, wind power and comprehensive smart energy in accordance with the principles of mutual benefit, common development and win-win cooperation.
The announcement said that the State Power Investment will zhengbang technology as an important strategic partner, the land and energy of zhengbang technology unified planning, give play to the advantages in agricultural development, clean energy development, scientific and technological research and development innovation, industrial technology, etc., continue to increase investment, accelerate the layout of photovoltaic, wind power, comprehensive smart energy and other industries, and strive to build ecological photovoltaic, wind power, distributed and centralized integrated smart energy within three years, about 10 million kilowatts, the total investment is expected to reach about 40 billion yuan.
Specifically, the cooperation between the two sides mainly includes the following three aspects: agricultural and optical complementary power generation project, wind power generation project, and integrated smart energy. SPC will provide clean energy power for Zhengbang Technology and adopt the model of "spontaneous self-use and surplus electricity on the Internet". Zhengbang Science and Technology supports the investment and layout of new technology industries such as agriculture, photovoltaic, wind power, and comprehensive smart energy, and gives support and assistance to the State Power Investment in industrial planning, supporting policies, resource allocation, work coordination, etc., giving priority to screening rooftop resources such as ecological energy land and breeding farms, and signing a roof lease agreement with the State Power Investment Corporation to provide a good external environment for the development of state power investment.
For the above cooperation, Zhengbang Technology said that the cooperation between the two sides is conducive to giving full play to the industrial advantages of both sides, enhancing the market competitiveness of both sides, achieving win-win cooperation and common development, and meeting the actual development needs of the company. At the same time, it also helps the company's transformation and development, through the three-dimensional utilization of agriculture, with the help of photovoltaic, wind power generation and other advantages, to create agricultural intelligence and energy saving, empower the company's operation, promote the company's future business development, will not affect the company's business independence, in line with the company's development plan and the company's overall and all shareholders' interests.
At the same time, Zhengbang Technology prompted that there is certain uncertainty about the amount of this agreement, the actual amount of execution, and whether it can be implemented normally, which is not expected to have a significant impact on the company's operating performance this year. After the formal agreement is signed, the company will fulfill the corresponding information disclosure obligations in accordance with the requirements of relevant laws and regulations.
The Shenzhen Stock Exchange hastened to issue a letter of concern
On June 20, the Shenzhen Stock Exchange quickly issued a letter of concern to him, which required Zhengbang Technology to combine the main business, detailing the background, purpose and specific cooperation method of the cooperation with the State Power Investment Corporation, and whether it matches the company's current development status and future development plan.
At the same time, Zhengbang Technology is required to detail the obligations to be assumed by the company in this cooperation, the expected asset scale or investment amount, and the possible impact of this cooperation on your company; On this basis, combined with the company's current production and operation conditions, liquidity situation and the source of funds required for this cooperation (if applicable), it is explained whether your company has any risks such as capital status and other conditions that are not enough to support the development of related projects.
List the follow-up progress of all framework agreements, cooperation agreements and intention agreements disclosed in the past three years, including the company's specific investment in related cooperation matters and the progress of project implementation, the acquisition of orders and the recognition of revenue (if any), etc., if there is no substantive progress, please explain the specific reasons, and whether there is any discrepancy with the content of the previous announcement.
Zhengbang Technology opened up and down
However, affected by the news, Zhengbang Technology opened up and stopped, and 300,000 hands were sealed. As of press time, the stock was reported at 6.95 yuan, with a total market value of 21.9 billion yuan.
As of June 10, Zhengbang Technology had 183,400 shareholders.
Because of the cross-border photovoltaic of pig enterprises, the stock bar of Zhengbang Technology is also fried, and some shareholders said, "The pig greenhouse is engaged in photovoltaics." There are also shareholders who sigh because of stepping into the air.
In addition, some shareholders questioned, "Where does the money come from?" ”
Zhengbang Technology's 500 million commercial bills are overdue
Since last year, a huge loss of 20 billion yuan
And this question is not empty. On the evening of June 8, Zhengbang Technology announced that due to the impact of the pig cycle, the company and a number of subsidiaries have recently been due to tight liquidity, and some commercial bills have not been paid, with a total amount of 542 million yuan. Zhengbang Technology reminds that due to the above overdue future companies may face risks such as litigation and arbitration.
In addition, as of the end of the first quarter, the debt ratio of Zhengbang Technology was as high as 97%, and the overall interest-bearing debt reached 26.6 billion yuan, of which short-term debt was 16.2 billion yuan, and only 3.1 billion yuan of cash was left on the account, and the proportion was limited.
Affected by comprehensive factors such as the pig cycle, the performance of Zhengbang Technology is also very dismal. In 2021, Zhengbang Technology lost 18.8 billion yuan, and continued to lose 2.4 billion yuan in the first quarter of this year, so that the cumulative loss since last year exceeded 20 billion yuan.
A number of aquaculture enterprises layout new energy
Previously, there were also breeding enterprises laying out new energy-related projects. In April this year, Tianbang co., Ltd. announced the signing of a strategic cooperation agreement with the National Energy Group Jiangsu Electric Power Co., Ltd., and the two sides will cooperate in photovoltaic, biomass power generation and other dimensions.
On November 17, 2021, Huatun co., Ltd. and Zhejiang New Energy Co., Ltd. of State Power Investment Group signed the "Carbon Neutral" Comprehensive Smart Energy Project Cooperation Framework Agreement, and the two sides reached a strategic cooperation intention on jointly investing in the development of integrated smart energy projects.
The two sides agreed that will build a new distributed photovoltaic power generation system in the farm area and supporting buildings belonging to Huatun Shares, and according to the energy demand of Huatun Shares, supporting the construction of integrated energy supply units such as wind energy, tidal energy, optical charging and storage integration system, substation, breeze power generation, cooling and heating system and integrated intelligent control system, etc., to provide clean energy power for Huatun Shares, and adopt the mode of spontaneous self-use and surplus electricity on the Internet.
Edit: Xiao Mo