Xiamen Zhongchuang Environmental Technology Co.Ltd(300056) attention letter received: it is required to explain the reasons for the significant changes in its business situation in a short time after the acquisition of Xiangsheng environmental protection equity

The management department of GEM companies of Shenzhen stock exchange sent a letter of concern to Xiamen Zhongchuang Environmental Technology Co.Ltd(300056) on January 29. On January 28, the company disclosed the annual performance forecast for 2021. It is estimated that the net profit in 2021 will be a loss of 380 million yuan to 490 million yuan, and the net profit loss of the company in the first three quarters of 2021 will be 38.59 million yuan, mainly due to the large amount of goodwill impairment of Xiangsheng environmental protection, the full amount of bad debt provision for performance compensation receivable from Chen Rong, the sharp rise in the price of raw materials Civil air purification equipment failed to effectively explore the market and other factors. On March 29, 2021, the company paid 90 million yuan to Hangzhou Yitong to purchase the equity of Xiangsheng environmental protection, and held 63.71% equity of Xiangsheng environmental protection in total.

Shenzhen stock exchange requires the company to explain the valuation basis for the previous acquisition of Xiangsheng environmental protection equity, whether the setting of previous evaluation parameters is reasonable and cautious, and the reasons and rationality of major changes (if applicable) before and after; Explain whether the company's provision for goodwill impairment at the end of 2020 is timely and sufficient; Explain the reasons for the significant changes in the company's business situation in a short time after the company acquired the equity of Xiangsheng environmental protection; Explain the reasons for failing to foresee the change of the counterparty's performance ability when acquiring Xiangsheng environmental protection.

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