On January 30, the management department of Shenzhen Stock Exchange gem issued a letter of concern to Guangdong Saca Precision Manufacturing Co.Ltd(300464) . On January 26, the company disclosed the 2021 annual performance forecast, the announcement on the company’s lawsuit and other announcements. The company expects a loss of RMB 1.24 billion to RMB 1.42 billion in 2021, mainly due to the decline of operating performance, the provision for goodwill impairment and the provision for inventory depreciation.
The book value of the company’s goodwill at the end of the third quarter of 2021 was 1.015 billion yuan, which was mainly formed by the acquisition of Shenzhen Zebao Innovation Technology Co., Ltd. (hereinafter referred to as Zebao Technology). The performance forecast shows that the company’s performance in the second half of the year has been impacted by the Amazon Title event. The revenue of the consumer electronics sector is expected to decline by 46% year-on-year in 2021. The company plans to withdraw about 600 million yuan of goodwill impairment reserves for the asset group where Zebao technology is located, and about 400 million yuan of inventory depreciation reserves for the ending inventory of Zebao technology.
The Shenzhen stock exchange requires the company to explain the number of stores sealed up by the e-commerce platform due to violation of the platform policy, the amount of frozen funds, the impact on the operating revenue and net profit, the progress of solving violations, etc. by the end of 2021, and calculate the operating performance of the company in the fourth quarter after deducting the provision for goodwill impairment and the provision for inventory depreciation, Whether there is a sharp decline compared with the first three quarters and its reasons, and in combination with the company’s current main mode of cross-border e-commerce business, explain whether the external business environment is facing the risk of continuous deterioration, whether the decline of the company’s operating revenue and net profit is sustainable, the countermeasures to be taken, and whether the information disclosure related to risk matters is timely, accurate and complete.
