Securities code: 000670 securities abbreviation: * ST Yingfang Announcement No.: 2022-006 Yingfang Microelectronics Co., Ltd
Announcement on the measures taken to resume listing and the progress of relevant work
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
Infotmic Co.Ltd(000670) (hereinafter referred to as the "company") has negative audited net profit for three consecutive fiscal years in 2017, 2018 and 2019. According to the provisions of the stock listing rules of Shenzhen Stock Exchange (revised in November 2018) (hereinafter referred to as the "original Listing Rules") and the audit opinions of the Listing Committee of Shenzhen Stock Exchange, Shenzhen Stock Exchange (hereinafter referred to as "Shenzhen Stock Exchange") decided to suspend the listing of the company's shares from April 7, 2020.
1、 Specific measures taken to restore listed companies
1. Actively prepare supplementary materials for resumption of listing and cooperate with relevant institutions for verification
On May 10, 2021, the company submitted an application for resumption of listing of shares to the Shenzhen Stock Exchange and was accepted by the Shenzhen Stock Exchange; On June 11, 2021, the company received a notice from Shenzhen Stock Exchange, which entrusted relevant institutions to verify the resumption of listing of the company's shares in accordance with article 14.2.17 of the original listing rules; On May 31 and August 10, 2021, the company received the letter on matters related to the submission of supplementary materials for resumption of listing issued by Shenzhen Stock Exchange (company Department letter [2021] No. 166 and No. 173). At present, the company is actively cooperating with the regulatory authorities on the resumption of the listing of the company's shares.
2. Actively prepare annual report for 2021
At present, the company is actively preparing the 2021 annual report and relevant materials in strict accordance with the provisions of relevant laws and regulations, and the company will disclose them in a timely manner in the future.
3. Issue shares to purchase assets and raise matching funds and related party transactions
On April 26, 2021, the company held the 17th meeting of the 11th board of directors and the 15th meeting of the 11th board of supervisors, deliberated and approved the proposal on the report on Infotmic Co.Ltd(000670) issuing shares to purchase assets and raising supporting funds and related party transactions (Draft) and its summary. The company plans to purchase Shenzhen huaxinke technology jointly held by the counterparties Shaoxing shangyuxin equity investment partnership (limited partnership) and Shanghai Ruichen communication equipment partnership (limited partnership) by issuing shares
Ltd. and world style technology holdings limited each have 49% equity, and simultaneously raise supporting funds from the non-public offering of shares of Zhejiang Shunyuan Enterprise Management Co., Ltd., the largest shareholder, with a total amount of no more than 400 million yuan (hereinafter referred to as "this major asset restructuring").
On December 1, 2021, the company held the 22nd Meeting of the 11th board of directors, deliberated and approved the proposal on the report on Infotmic Co.Ltd(000670) issuing shares to purchase assets and raising supporting funds and related party transactions (Draft) (Revised Draft) and its summary; On December 27, 2021, the company held the first extraordinary general meeting of shareholders in 2021 and deliberated and adopted the above proposal. On January 4, 2022, the company received the notice of supplement and correction of administrative license application of CSRC (No. 213605, hereinafter referred to as the "Notice of supplement and correction") issued by CSRC. The company will actively prepare and submit the materials of supplement and correction in accordance with the requirements of the notice of supplement and correction. For details, please refer to the relevant announcements disclosed by the company on cninfo.com.
This major asset restructuring still needs to be approved by the CSRC and other approvals or records that may be involved as required by relevant laws and regulations. There is still uncertainty about whether it can be approved and the time of final approval. If the relevant approval procedures cannot be passed, this major asset restructuring may have risks such as suspension and cancellation.
4. Major litigation matters
In 2018, the company received legal documents such as service summons and civil complaint from Guangdong Jieyang intermediate people's Court (hereinafter referred to as "Jieyang intermediate people's court"), mainly about the loan dispute between Tibet Hanli electronic technology partnership (limited partnership) and Chen Weiqin. The plaintiff Chen Weiqin filed a civil lawsuit with Jieyang intermediate people's court, and the company is one of the nine defendants. Subsequently, according to the progress of the case, the company timely disclosed the relevant progress announcement. On January 20 and January 27, 2022, the company received the petition of appeal, civil petition and other materials forwarded by the attorney. The defendants of the first instance of the case, Chen Deqiang, Zhang jia'an, Chai Guomiao and Wu Pu, have appealed to the higher people's Court of Guangdong Province. Please refer to the relevant announcements disclosed by the company on cninfo.com for details. 5. Continue to promote standardized operation and improve corporate governance mechanism
The company continues to improve its governance structure, comprehensively sort out and strengthen the construction of internal control system, further improve the company's management systems and implementation processes, strengthen the management of operating expenses, operating costs and financial expenses, improve the company's operating efficiency and continuously improve the standard operation level.
2、 Risk tips
There is still uncertainty about whether the company's shares can resume listing, and there is still a risk that the company's shares may terminate listing. Finally, the decision on whether to agree to the resumption of listing of the company's shares made by Shenzhen Stock Exchange shall prevail. At that time, the company will perform the obligation of information disclosure in time in strict accordance with the provisions and requirements of relevant laws and regulations. Please pay attention to the investment risk.
3、 Main ways for the company to accept investor consultation during the suspension of listing
1. Tel.: 021-58853066
2. Fax No.: 021-58853100
3. Email: [email protected].
4. Mailing address: unit 03 / 05, floor 5, No. 799, Tianshan West Road, Changning District, Shanghai
5. Postal Code: 200335
During the suspension of the listing of the company's shares, the company will earnestly perform the obligation of information disclosure in strict accordance with the relevant provisions of the original listing rules and the stock listing rules of Shenzhen Stock Exchange (revised in 2022). The company solemnly reminds investors: China Securities News, securities times, Shanghai Securities News, securities daily and cninfo (www.cn. Info. Com. CN.) As the information disclosure media selected by the company, all information of the company shall be subject to the information published on the above designated media and the website of Shenzhen Stock Exchange.
It is hereby announced.
Infotmic Co.Ltd(000670) board of directors
February 10, 2022
