Shanghai Fudan Forward S&T Co.Ltd(600624) on January 28, the announcement on the advance loss of annual performance in 2021 was disclosed. The company expects a net profit loss of about 103 million yuan to 113 million yuan in 2021, deducting a non net profit loss of 110 million yuan to 120 million yuan.
In the same period of last year, the net profit loss of the company was 55.8328 million yuan, deducting the non net profit loss of 54.2309 million yuan.
According to the company, the main reason for the performance loss in this period is that Shanghai Fuhua Sino Japanese medical and Health Industry Development Co., Ltd., a joint-stock company of the company, has entered the stage of bankruptcy liquidation. Based on the principle of prudence, the company expects to fully withdraw the asset impairment provision for the balance of Sino Japanese medical long-term equity investment to be about 64.91 million yuan, It is estimated that the full provision for impairment of Sino Japanese medical dividends receivable is about 8.64 million yuan. Shanghai Fuhua Commercial Group Co., Ltd., the controlling shareholder of Shanghai Shanghai Fudan Forward S&T Co.Ltd(600624) commercial assets investment Co., Ltd., a joint-stock company of the company, was ruled by Shanghai Railway Transportation Court to accept bankruptcy liquidation. Upon inquiry, the applicant Yan pengfeng applied to the Shanghai Railway Transportation Court for bankruptcy liquidation of Fuhua commercial group on the ground that the respondent Fuhua commercial group was unable to pay off its due debts and obviously lacked solvency, and the Shanghai Railway Transportation Court ruled to accept the applicant Yan pengfeng’s application for bankruptcy liquidation of Fuhua commercial group. The company judges that the above situation may have a substantial impact on the fundamentals of Fuhua commercial assets. Based on the principle of prudence, the company expects to fully withdraw the asset impairment provision for the balance of long-term equity investment of Fuhua commercial assets to be about 45.03 million yuan.
