Bond Code: 1136016-601003
Liqun Commercial Group Co.Ltd(601366)
Announcement on the progress of receiving relocation compensation
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
1、 Overview of compensation for this relocation
Liqun Commercial Group Co.Ltd(601366) (hereinafter referred to as “the company”) held the 27th meeting of the eighth board of directors on July 30, 2021 and the second extraordinary general meeting of shareholders in 2021 on August 17, 2021, which deliberated and adopted the proposal on signing relocation compensation agreement for wholly-owned subsidiaries of the company, It is agreed that fuxingxiang Logistics Group Co., Ltd., a wholly-owned subsidiary of the company (hereinafter referred to as “fuxingxiang logistics”), sign the house relocation compensation agreement with Sanlihe sub district office of Jiaozhou City to compensate for the relocation of houses and facilities of fuxingxiang logistics located north of Hong Kong Road, west of Hangzhou Road, south of Sanlihe River and east of Wuzhou road in the form of monetary compensation, The total compensation amount is about 840 million yuan. See Liqun Commercial Group Co.Ltd(601366) announcement on signing relocation compensation agreement with wholly-owned subsidiaries (Announcement No.: 2021-051) disclosed by the company on July 31, 2021 for details.
2、 Receipt of relocation compensation
On September 26, 2021, fuxingxiang logistics received the first compensation of 252117887.00 yuan from Sanlihe sub district office of Jiaozhou City. See Liqun Commercial Group Co.Ltd(601366) announcement on receiving the first relocation compensation (Announcement No.: 2021-060) disclosed by the company on September 27, 2021 for details.
On November 12, 2021, fuxingxiang logistics received the second compensation payment of 336157182.40 yuan from Sanlihe sub district office of Jiaozhou City. See Liqun Commercial Group Co.Ltd(601366) progress announcement on receiving relocation compensation (Announcement No.: 2021-074) disclosed by the company on November 13, 2021 for details.
On January 28, 2022, fuxingxiang logistics received the third compensation of 168078591.20 yuan from Sanlihe sub district office of Jiaozhou City. Up to now, according to the agreement and progress, the company has received relocation compensation of 756353660.60 yuan.
The company will conduct accounting treatment in strict accordance with the relevant provisions of the accounting standards for business enterprises, and the final accounting treatment shall be subject to the audit results of the accounting firm.
It is hereby announced.
Liqun Commercial Group Co.Ltd(601366) board of directors February 6, 2022
