Securities code: 002592 securities abbreviation: Nanning Baling Technology Co.Ltd(002592) Announcement No.: 2022-009 Nanning Baling Technology Co.Ltd(002592)
Progress announcement on land acquisition and storage
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
1、 Overview of land acquisition and storage
Nanning Baling Technology Co.Ltd(002592) (hereinafter referred to as “the company”) held the fourth meeting of the sixth board of directors and the fourth meeting of the sixth board of supervisors on December 25, 2020, and the first extraordinary general meeting of shareholders in 2021 on January 11, 2021. The proposal on land acquisition and storage was considered and adopted, It is agreed that the company’s land located at No. 1, Kede Road, Nanning high tech Zone shall be collected and stored by the soil storage center of Nanning high tech Zone (hereinafter referred to as “this land collection and storage”), and the agreement on compensation for the acquisition of state-owned land use right was signed with the soil storage center of Nanning high tech Zone on the day of adoption of the general meeting of shareholders.
On December 29, 2021, the company held the 13th meeting of the 6th board of directors, deliberated and approved the proposal on delaying the transfer of land No. 1 Kede road and signing the supplementary agreement, and signed the supplementary agreement on compensation for the acquisition of state-owned land use right with the land storage center of Nanning high tech zone.
For details of this land acquisition and storage, please refer to the company’s disclosure in China Securities Journal, Shanghai Securities News, securities times, securities daily and cninfo (www.cn. Info. Com. CN.) on December 26, 2020, January 4, 2021, January 12, 2021, January 15, 2021 and December 30, 2021 respectively Announcement on land acquisition and storage (Announcement No.: 2020-118), announcement on progress of land acquisition and storage (Announcement No.: 2021-004, 2021-005) and announcement on delaying the handover of land at No. 1 Kede road and signing supplementary agreement (Announcement No.: 2021-126).
2、 Progress of land acquisition and storage this time
The company has recently completed the land transfer procedures of No. 1 Kede road and received the third land acquisition compensation of 5854957.00 yuan paid by the soil storage center of Nanning high tech Zone. As of the disclosure date of this announcement, the company has received all land acquisition compensation totaling 185854957.00 yuan.
3、 Impact of land acquisition compensation on the company
The land acquisition and storage compensation fee is 185854957.00 yuan, which belongs to non recurring profit and loss and has been fully included in the current profit and loss of 2021. After deducting relevant expenses, the impact on the net profit of 2021 is expected to be about 152 million yuan. The specific accounting treatment and relevant financial data shall be subject to the audit results of the accounting firm. It is hereby announced.
Nanning Baling Technology Co.Ltd(002592) board of directors January 29, 2022
