Securities code: 002501 securities abbreviation: * ST Liyuan Announcement No.: 2022-004 Jilin Liyuan Precision Manufacturing Co.Ltd(002501)
Suggestive announcement on the possible risk of delisting of the company’s shares
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、 Basic information of delisting risk warning implemented by the company
The financial report of Jilin Liyuan Precision Manufacturing Co.Ltd(002501) (hereinafter referred to as “the company”) in 2018 was issued with an audit report that could not express an opinion by zhongzhun Certified Public Accountants (special general partnership). According to paragraph (IV) of article 13.2.1 of the stock listing rules of Shenzhen Stock Exchange (2018 Revision), The company’s stock trading has been specially handled by the “delisting risk warning” implemented by Shenzhen Stock Exchange since May 6, 2019. For details, see the announcement on delisting risk warning for stock trading (Announcement No.: 2019-037) disclosed by the company in the designated information disclosure media on April 30, 2019.
The audited net profit of the company in 2018 and 2019 is negative, and the audited net assets in 2019 are negative. According to paragraphs (I) and (II) of article 13.2.1 of the Listing Rules of Shenzhen Stock Exchange (revised in 2018), the company will continue to implement the “delisting risk warning” after the disclosure of the 2019 annual report. On June 23, 2020, zhongzhun Certified Public Accountants (special general partnership) issued an audit report with qualified opinions (zhongzhunshan Zi [2020] No. 2237) for the company’s 2019 financial report. The situation that the company touched the delisting risk warning due to the type of audit opinion has been eliminated. For details, see the announcement on the risk warning of delisting of the company’s shares continued to be implemented (Announcement No.: 2020-072) disclosed by the company in the designated information disclosure media on June 24, 2020.
On November 5, 2020, Liaoyuan intermediate people’s Court of Jilin Province (hereinafter referred to as the “court”) ruled to accept the company’s reorganization. According to paragraph 13.2.1 (11) of the Listing Rules of Shenzhen Stock Exchange (revised in 2018), the company’s shares continue to be subject to “delisting risk warning”. For details, please refer to the announcement on the court’s decision to accept the company’s reorganization and the risk warning of the company’s shares continuing to be delisted (Announcement No.: 2020-093) disclosed by the company in the designated information disclosure media on November 6, 2020. December 2020
On January 31, the court ruled to confirm the completion of the implementation of the company’s reorganization plan. For details, see the announcement on the completion of the implementation of the reorganization plan (Announcement No.: 2020-118) disclosed by the company in the designated information disclosure media on January 4, 2021. The company will submit an application to Shenzhen stock exchange according to the situation that the delisting risk warning has been eliminated due to the court’s acceptance of the company’s reorganization application according to law.
The audited net profit after deducting non recurring profit and loss in 2020 is negative, and the operating income excluding non main business is less than 100 million yuan, According to the provisions of article 14.3.1 of the Listing Rules of Shenzhen Stock Exchange (revised in 2020), the relevant provisions of the notice on Issuing the Listing Rules of Shenzhen Stock Exchange (revised in 2020) and the transitional period arrangement, after the disclosure of the 2020 annual report, the company’s stock trading will continue to implement the “delisting risk warning”. For details, see the announcement on the risk warning of delisting of the company’s shares continued to be implemented (Announcement No.: 2021-029) disclosed by the company in the designated information disclosure media on April 30, 2021.
2、 Risk tips and other relevant instructions
1. According to the provisions of article 9.3.11 of the Listing Rules of Shenzhen Stock Exchange (revised in 2022), the listed company has one of the following circumstances in the first fiscal year after the delisting risk warning has been implemented for its stock trading due to the circumstances in items (I) to (III) of paragraph 1 of article 9.3.1 of these rules, Shenzhen Stock Exchange decided to terminate the listing and trading of its shares: “(I) the audited net profit is negative and the operating income is less than 100 million yuan, or the net profit of the most recent fiscal year is negative and the operating income is less than 100 million yuan after retroactive restatement; (II) the audited ending net assets are negative, or the ending net assets of the most recent fiscal year after retroactive restatement are negative; (III) The financial accounting report is issued with qualified opinions, unable to express opinions or negative opinions; (IV) failing to disclose the annual report guaranteed by more than half of the directors to be true, accurate and complete within the statutory time limit; (V) although it complies with the provisions of article 9.3.7, it fails to apply to the exchange for cancellation of delisting risk warning within the specified time limit; (VI) because it does not comply with the provisions of article 9.3.7, its application for cancellation of delisting risk warning has not been examined and approved by the exchange. ” If one of the above situations occurs in 2021, the company’s shares may face the risk of delisting. The company will disclose the risk warning announcement at least twice before the disclosure of the 2021 annual report. As of the date of this announcement, the audit of the company’s 2021 annual report is in progress, and the final financial data shall be subject to the audited 2021 annual report officially disclosed by the company.
2. On May 26, 2021, the company received the investigation notice (jzjzz No. 2021002) issued by the China Securities Regulatory Commission. Because the company was suspected of violating laws and regulations in information disclosure, the CSRC decided to file a case for investigation. As of the date of this announcement, the above investigation is still in progress, and the company has not received the concluding opinions or decisions of the CSRC on the above investigation matters. According to the relevant provisions of the Listing Rules of Shenzhen Stock Exchange (revised in 2022), if the company is subject to administrative punishment by the CSRC and the illegal act involves major illegal compulsory delisting, the company’s shares may be subject to the risk of delisting.
The information disclosure media designated by the company are China Securities News, Shanghai Securities News, securities times and http://www.cn.info.com.cn, All information of the company shall be subject to the announcement published by the company in the above media. Please invest rationally and pay attention to investment risks.
It is hereby announced.
Jilin Liyuan Precision Manufacturing Co.Ltd(002501) board of directors January 28, 2022
