Top News Henan Business Daily reporter Guo Shuangshuang
Worse! On the evening of October 31, *ST Huaying issued an announcement about the implementation of other risk warnings on the company's stock being superimposed.
The report mentions that since April 30, *ST Huaying has been implemented with the original delisting risk warning and other risk warnings; since November 1, the delisting risk warning will be implemented and other risk warnings will be implemented; after the implementation of the delisting risk warning superimposed on other risk warnings, the daily increase or decrease of the company's stock trading will be limited to 5%.
Regarding the reasons for the implementation of other risk warnings, the announcement said that after self-examination, the controlling shareholders of Huaying Agriculture carried out financing in the name of the company in 2019, which essentially constituted the occupation of non-operating funds of the listed company.
As of October 20, 2021, the balance of non-operating funds occupied by the controlling shareholder was 89.8337 million yuan, accounting for 4.48% of the latest audited net assets of Huaying Agriculture.
Although the company's restructuring and approval work is progressing smoothly, in view of the tight time constraints, the company is not expected to be able to solve the above-mentioned capital occupation problems within one month, according to the relevant provisions of the Rules Governing the Listing of Stocks on the Shenzhen Stock Exchange, the company's stock trading will be implemented by the Shenzhen Stock Exchange with other risk warnings.
The Henan Business Daily reporter noted that on October 29, Huaying Agriculture issued an announcement on the non-operating capital occupation solution of the controlling shareholder and the signing of the "Reorganization Intention Financial Investment Agreement" by the company.
The "Reorganization Intention Financial Investment Agreement" mentions that Huangchuan Fa Investment intends to participate in the company's restructuring investment as a financial investor; Huaying Poultry Industry Corporation occupies 89.8337 million yuan of non-operating funds of the listed company; Huangchuan Fa Investment, as the intended investor of the company's bankruptcy reorganization, promises: If the company's reorganization is accepted by the court, in view of the matter of occupying 89.8337 million yuan of funds, before the completion of the reorganization plan, Huangchuan Fatou is willing to return the company with an equal amount of cash to solve the problem of capital occupation according to law After the reorganization of the company is accepted by the court, the matters stipulated in this agreement are irrevocable.
According to media reports, on October 17, ST Huaying said on the investor interactive platform that the company is currently in the approval stage of reorganization, if the court formally rules to accept the company's reorganization application, the company will enter the reorganization procedure, the specific work progress, the company will strictly follow the information disclosure management measures in a timely manner.
On the evening of October 29, Huaying Agriculture released the third quarter report of 2021. The report shows that the company's net profit attributable to shareholders of listed companies in the third quarter was -61.4324 million yuan, an increase of 48.91% year-on-year; in the first three quarters, the net profit attributable to shareholders of listed companies was about -226 million yuan, an increase of 51.83% year-on-year.
Editor: Zhang Heng