On the first day of the year of the tiger, A-Shares made a good start, and more than 3400 stocks rose across the board. However, one stock was suddenly suspended for major events, and some investors are looking forward to major benefits.
However, I never expected that the announcement of major events and illegal guarantee issued on February 7 would be warned by other risks and St would wear hats. This stock is Super Telecom Co.Ltd(603322) . It will be suspended for another day on February 8 and resumed on February 9, which is St chaoxun. Super Telecom Co.Ltd(603322) the current market value is 1.8 billion yuan, and the number of shareholders was 15000 at the end of the third quarter of last year.
suddenly released major bad news one day after the suspension
On February 7, when the market opened on the first day of the year of the tiger, Super Telecom Co.Ltd(603322) was suddenly suspended due to major events. When investors speculated about what major events were, some investors expected major benefits, but they ushered in major losses on that day.
Super Telecom Co.Ltd(603322) announced that Meng fanding, the legal representative / Chairman / Executive Director of Sangrui electronics and its wholly-owned subsidiary Minsheng intelligence, without any authorization from the company, In the name of Sangrui electronics and Minsheng intelligence, it privately provided illegal guarantees for Diaobingshan Hongding Taisong Real Estate Development Co., Ltd. controlled by it and Diaobingshan Shuntong Coal Industry Co., Ltd. controlled by its related parties, totaling about 420.76 million yuan, accounting for about 100.09% of the company’s audited net assets in 2020.
If the above-mentioned illegal guarantee matters of the company fail to be paid off or rectified within one month, the company’s stock trading will be subject to other risk warnings. Trading was suspended for another day on February 8 and resumed on February 9. The stock abbreviation was changed to St chaoxun.
Other risk warnings will be implemented from February 9. After the implementation of other risk warnings, the daily rise and fall of stock prices will be limited to 5%. After other risk warnings are implemented, the company’s shares will be traded on the risk warning board.
Super Telecom Co.Ltd(603322) said that the opinions and main measures of the board of directors of the company on striving to revoke the risk warning. The board of directors of the company is fully urging the responsible person Meng fanding to lift the bank freeze as soon as possible, eliminate the guarantee status as soon as possible, and safeguard the rights and interests of all shareholders. The company also asked Meng fanding to raise funds as soon as possible to fulfill the obligation of repurchasing 50.01% equity of Sangrui electronics held by the company. Up to now, the scheme is still being promoted.
The company has recently adjusted the personnel of important positions of Sangrui electronics and Minsheng intelligence. Under the condition that the board of directors of Sangrui electronics has absolute control, the company has appointed additional senior managers such as the general manager and the Secretary of the board of directors to Sangrui electronics through the resolution of the board of directors of Sangrui electronics. At the same time, the company will appoint personnel to take over the duties of the legal representative, Director / Executive Director of Sangrui electronics and Minsheng intelligence, so as to further strengthen the supervision of Sangrui electronics and Minsheng intelligence in assets, business The management of Finance and other aspects will stimulate the new vitality of its operation and development.
In the face of the sudden st hat, the stock bar of Super Telecom Co.Ltd(603322) was also fried.
just accrued impairment and suddenly suffered a huge loss
In fact, the explosion of Super Telecom Co.Ltd(603322) has long been a precursor. Previously, the illegal guarantee has been disclosed, and the company has issued a performance loss announcement before the Spring Festival. The company had a profit of 1.96 million in the first three quarters of 2021, but its annual performance suddenly lost more than 200 million in advance.
Super Telecom Co.Ltd(603322) announced that the company’s performance is expected to lose 210 million yuan to 250 million yuan in 2021. After deducting non recurring gains and losses, the company’s performance is expected to lose 240 million yuan to 280 million yuan.
Super Telecom Co.Ltd(603322) indicates that the main reason for the performance loss in the current period is the company’s provision for asset impairment loss. The specific impairment details are as follows:
1. During the reporting period, the holding subsidiary Shanghai Sangrui Electronic Technology Co., Ltd. (hereinafter referred to as “Sangrui Electronics”) suffered losses due to the sharp decline in income. The company preliminarily judged that the goodwill and intangible assets of Sangrui electronics were impaired. It is expected that the provision for impairment of goodwill and intangible assets in the reporting period is about 120 million yuan; During the reporting period, the company received a performance compensation of 14.8 million yuan from the performance commitment Party of Sangrui electronics in 2020, and the remaining part of the performance compensation was not received. It is estimated that the provision for credit impairment is about 10 million yuan.
2. During the reporting period, the performance of the holding subsidiary Guangdong Kanglida IOT Technology Co., Ltd. (hereinafter referred to as “Kangli IOT”) declined. The company judged that the goodwill of Kangli IOT was impaired. It is estimated that the provision for goodwill impairment in the reporting period is 20 million yuan to 30 million yuan.
3. During the reporting period, the equity repurchasing Party of Chengdu Haopu Environmental Protection Technology Co., Ltd. failed to pay the equity repurchasing amount as agreed in the agreement. The company judged that some equity repurchasing amounts may not be recovered, and it is estimated that the provision for asset impairment is about 14 million yuan.
It was found that the company was suspected of making a provision for impairment of about RMB 16 million during the reporting period of the contract, which was reported to the Guangzhou Branch of the Public Security Bureau.