Easy Visible Supply Chain Management Co.Ltd(600093) on the evening of January 27, the company issued an announcement on the advance loss of performance in 2021. The company expects to realize a net profit loss of 1.785 billion yuan to 2.604 billion yuan attributable to the shareholders of the listed company in 2021, compared with a loss of 11.524 billion yuan in the same period of last year; It is estimated that the net profit loss attributable to the shareholders of the listed company after deducting non recurring profits and losses is 1.866 billion yuan to 2.725 billion yuan, compared with 11.525 billion yuan in the same period of last year. The company expects the net assets at the end of 2021 to be – 5.344 billion yuan to – 6.2 billion yuan.
As for the reasons for performance loss, the announcement shows that it is mainly because the factoring and prepayment receivable of the company in 2021 are overdue and the company plans to withdraw large impairment reserves. The impairment provision to be withdrawn is mainly due to the failure of the original controlling shareholder to recover the related creditor’s rights of Jiutian holding.
Easy Visible Supply Chain Management Co.Ltd(600093) indicates that the net assets of the company at the end of 2020 are negative. The financial accounting report is issued by the accounting firm with an audit report that cannot express an opinion, and the delisting risk warning is implemented. At the end of 2021, if the audited net assets of the company are still negative or the non-standard events in previous years cannot be eliminated, the listing of the company’s shares will be terminated according to the stock listing rules of Shanghai Stock Exchange.
According to the announcement, on June 20, 2021, Jiutian holdings, the former controlling shareholder of the company, sent a letter confirming that it occupied 4.253 billion yuan of funds for the company and its subsidiaries. Through self-examination, the company found that it is possible to increase the creditor’s rights receivable from Jiutian holding and its highly suspected affiliated enterprises. At present, the company is still in the process of further verification. At the same time, the company has sent letters to Jiutian holding for many times to urge it to fulfill its obligation of capital occupation and repayment. As of January 27, 2022, Jiutian Holdings has not replied to the time, nature, route and amount of funds occupied, and the company has not received any repayment.
