Letter of concern about Macrolink Culturaltainment Development Co.Ltd(000620)
Attention letter of the company Department [2022] No. 102 Macrolink Culturaltainment Development Co.Ltd(000620) the board of directors:
According to the performance forecast announcement of 2021 disclosed by your company on January 29, 2022, the net profit attributable to the shareholders of the listed company in 2021 (hereinafter referred to as "net profit") suffered a significant loss of RMB 2940 million to RMB 3720 million, The net profit after deducting non recurring profits and losses (hereinafter referred to as "net profit after deducting non recurring profits and losses") attributable to the shareholders of the listed company suffered a significant loss of 2520 million yuan to 3180 million yuan. The main reasons for the sharp decline in performance are the decline in gross profit of real estate, the provision for impairment of inventories, intangible assets and other 800 million yuan to 1 billion yuan, and the increase in financial expenses. Our department is concerned about this and asks your company to check the following matters:
1. Your company's report for the third quarter of 2021 shows that your company's net profit in the first three quarters was -1.788 billion yuan, and the net profit after deduction was -1.19 billion yuan. Please explain the main reasons for the large losses in 2021 in combination with the composition of main business income, gross profit margin of main business and signs of impairment of relevant assets in the first three quarters and the fourth quarter of 2021, and the rationality of concentrating the losses in the fourth quarter.
2. In combination with the operation of your company, the region where the real estate is located and the sales situation, the specific content of intangible assets, etc., explain the main inventory items and the specific situation of intangible assets for which large impairment is accrued, the basis for impairment accrual, the setting of key parameters and the specific calculation process, as well as the main reasons, compliance and rationality of large impairment accrual. The annual audit accountant shall check and give opinions. 3. The preliminary announcement shows that since 2021, your company has had many overdue debts, assets have been sealed up and faced many lawsuits. Please your company: (1) in combination with the company's operation and capital status, explain your company's interest bearing debt balance, short-term maturity and overdue debt, analyze your company's short-term and long-term solvency, the specific situation and main reasons for the year-on-year increase of financial expenses in the reporting period, and explain whether your company has liquidity risk, Whether there is significant uncertainty in the ability to continue as a going concern; (2) Explain the situation and compliance of your company's accrued estimated liabilities for litigation, and the impact of accrued estimated liabilities on your company's profits and losses; (3) Explain the specific situation of your company's assets being sealed up and frozen up to now, analyze whether it may have a significant adverse impact on your company's production and operation activities, and the main measures your company plans to take to improve production and operation. The annual audit accountant shall check and give opinions.
Please make a written statement on the above issues, submit the relevant explanatory materials to our department for disclosure before February 11, 2022, and send a copy to the dispatched office at the same time. At the same time, remind your company and all directors, supervisors and senior managers to strictly abide by the securities law, the company law and other laws and regulations, as well as the stock listing rules of the exchange, and perform the obligation of information disclosure truthfully, accurately, completely, timely and fairly.
We are writing to inform you that
Shenzhen Stock Exchange listed company management department I January 30, 2022
