Securities code: 600654 securities abbreviation: St Zhong’an Announcement No.: 2022-015 bond Code: 136821 bond abbreviation: 16 Zhong’an consumer
Warning on the risk that the company’s shares may be delisted
First suggestive announcement
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
China Security Co.Ltd(600654) (hereinafter referred to as “the company”) expects that the owner’s equity attributable to the shareholders of the listed company will be negative in 2021 and there will be reorganization. According to the relevant provisions of the stock listing rules of Shanghai Stock Exchange, the company’s shares may be subject to delisting risk warning. Now the relevant risks are prompted as follows:
1、 According to the preliminary calculation of the company’s financial department, the owner’s equity attributable to the shareholders of the listed company in 2021 is expected to be – 1310 million yuan to – 910 million yuan. For details, see the announcement on China Security Co.Ltd(600654) 2021 annual performance loss forecast (Announcement No.: 2022-014) disclosed by the company on the same day. If the audited owner’s equity attributable to the shareholders of the listed company in 2021 is negative, according to the relevant provisions of article 9.3.2 of the stock listing rules of Shanghai Stock Exchange, the company’s shares will be subject to delisting risk warning after the disclosure of the 2021 annual report.
2、 On December 23, 2021, the company received the reorganization application notice from the creditor Shenzhen Feide private equity securities investment fund management Co., Ltd. (formerly known as Shenzhen Feide Investment Consulting Co., Ltd., hereinafter referred to as the “applicant”), because the company was unable to pay off its due debts and obviously lacked solvency, It submitted to Wuhan intermediate people’s Court of Hubei Province for bankruptcy reorganization of the company (see announcement: 2021-051 for details). According to the relevant provisions of article 9.4.1 of the Listing Rules of Shanghai Stock Exchange, if the court accepts the application for the above reorganization according to law, the company’s shares will be subject to delisting risk warning.
Up to now, the company has not received the ruling of the court on the applicant’s application for company reorganization. There are still major uncertainties whether the applicant’s application for company reorganization will be accepted by the court and whether the company will enter the reorganization procedure.
3、 According to the relevant provisions of the Listing Rules of Shanghai Stock Exchange, the company’s shares may be subject to delisting risk warning due to the above matters. The scheduled disclosure time of the company’s 2021 annual report is April 30, 2022. The audit of the company’s 2021 annual report is in progress. The information disclosure media designated by the company are Shanghai Securities News, securities times and the website of Shanghai Stock Exchange (www.sse. Com. CN), The specific financial data and relevant information shall be subject to the audited 2021 annual report and relevant announcements officially disclosed by the company. Please invest rationally and pay attention to investment risks.
It is hereby announced.
China Security Co.Ltd(600654) board of directors
January 27, 2002
