Securities code: 600777 securities abbreviation: Shandong Xinchao Energy Corporation Limited(600777) Announcement No.: 2022-005 Shandong Xinchao Energy Corporation Limited(600777)
Suggestive announcement on the possibility that the company's suspected illegal guarantee shares may be subject to other risk warnings
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.
Special tips:
According to article 9.8.1 of the Listing Rules of Shanghai Stock Exchange (revised in January 2022), if the problem of illegal guarantee cannot be solved within one month from the date of the company's disclosure of the announcement on the progress of Shandong Xinchao Energy Corporation Limited(600777) involving litigation (Announcement No.: 2022-003) on February 8, 2022, the company's shares may be subject to other risk warnings.
1、 Basic information about the company's shares that may be subject to other risk warnings
Shandong Xinchao Energy Corporation Limited(600777) (hereinafter referred to as "the company") disclosed the progress announcement of Shandong Xinchao Energy Corporation Limited(600777) involving litigation (Announcement No.: 2022-003) on February 8, 2022. The company received the civil judgment (2020) Yue 01 min Chu No. 2011 of Guangzhou intermediate people's court forwarded by the attorney. The Guangzhou intermediate people's court made the first instance judgment on the case of Guangzhou Rural Commercial Bank Co., Ltd. (hereinafter referred to as "Guangzhou rural commercial bank") suing several companies and natural persons including the company, Among them, the company and the other two companies were judged to be liable for compensation for half of the debts that Huaxiang (Beijing) Investment Co., Ltd. could not pay off within the range of 1.586 billion yuan, and to bear the case acceptance fee and property preservation fee within the range of 7.98 million yuan. According to article 9.8.1 of the Listing Rules of Shanghai Stock Exchange (revised in January 2022), if the company is found to provide external guarantee in violation of the specified decision-making procedures (except for the guarantee object is the subsidiary within the scope of the consolidated statements of the listed company), the balance reaches more than 5% of the absolute value of the latest audited net assets, or the amount exceeds 10 million yuan, If the liquidation or rectification is not completed within one month, the company's shares may be subject to other risk warnings.
2、 Measures taken by the company
1. After the company pays attention to the relevant information of the case, it immediately organizes self-examination. Upon inquiry of the company's archives, there is neither the original or copy of the balance replenishment agreement mentioned in the case, nor the original or copy of the agreement, legal documents and letters related to the provision of balance replenishment for the trust products of Guangzhou rural commercial bank. The company's seal records do not include the above balance replenishment agreement or other legal documents and letters related to the provision of balance replenishment for the trust products of Guangzhou agricultural commercial bank. After inquiring the archived information of the general meeting of shareholders, the board of directors and the board of supervisors of the company, the general meeting of shareholders, the board of directors or the board of supervisors of the company have not considered the relevant proposals involving the provision of balance supplement for the trust loans mentioned in the case. For details, please refer to the announcement of Shandong Xinchao Energy Corporation Limited(600777) involving litigation (Announcement No.: 2021-011) disclosed by the company on March 4, 2021 and the reply announcement of Shandong Xinchao Energy Corporation Limited(600777) on the letter on supervision of Shandong Xinchao Energy Corporation Limited(600777) related litigation matters (Announcement No.: 2021-014) disclosed on March 11, 2021.
2. At present, the company is actively preparing for the appeal of the second instance. The company believes that there are many errors in the determination of facts and the application of law in the judgment of the first instance. For details, please refer to the announcement on the progress of Shandong Xinchao Energy Corporation Limited(600777) litigation (Announcement No.: 2022-003). The company will appeal to the higher people's Court of Guangdong Province within the statutory time limit in accordance with relevant regulations, and will continue to actively take a number of measures to try its best to protect the interests of the listed company and all shareholders.
3、 Risk tips
1. The debt principal that may be borne by the company involved in the above matters is about 1593645217.67 yuan, which is about 12.82% of the company's latest audited net assets. The impact of this matter on the company's current or future profits is subject to the annual audit data of accountants.
2. According to article 9.8.1 of the Listing Rules of Shanghai Stock Exchange (revised in January 2022), if the problem of illegal guarantee cannot be solved within one month from the date of the company's disclosure of the announcement on the progress of Shandong Xinchao Energy Corporation Limited(600777) involving litigation (Announcement No.: 2022-003) on February 8, 2022, the company's shares may be subject to other risk warnings.
3. The information disclosure media designated by the company are Shanghai Securities News, China Securities News, securities times, Securities Daily, economic information daily and the website of Shanghai Stock Exchange (www.sse. Com. CN), The information about the company is subject to the information disclosed by the company in the above designated media. Please pay attention to the company's announcement and pay attention to the investment risk.
It is hereby announced.
Shandong Xinchao Energy Corporation Limited(600777) board of directors
February 9, 2022
