Securities code: 300803 securities abbreviation: Beijing Compass Technology Development Co.Ltd(300803) Announcement No.: 2022-014 Beijing Compass Technology Development Co.Ltd(300803) about
Participating in the recruitment of investors for bankruptcy reorganization of Wangxin Securities Co., Ltd
Progress announcement
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.
Risk tip: Beijing Compass Technology Development Co.Ltd(300803) (hereinafter referred to as “the company”) participates in the investment in the bankruptcy reorganization of Wangxin Securities Co., Ltd. the company still needs to reach an agreement with the creditors of Wangxin Securities Co., Ltd. on the bankruptcy reorganization plan and obtain the court’s ruling and approval. This matter is still uncertain. Please invest rationally and pay attention to the investment risk.
1、 The company’s participation in the recruitment and selection of investors in bankruptcy reorganization
In September 2021, the company signed up to participate in the recruitment and selection of investors for the bankruptcy reorganization of Wangxin Securities Co., Ltd. (hereinafter referred to as “Wangxin securities”). At present, the company has submitted application materials to the manager of wechat securities (hereinafter referred to as the “manager”) and paid an intention fee of RMB 50 million in accordance with the requirements of the announcement of the manager of wechat Securities Co., Ltd. on the public recruitment and selection of restructuring investors (hereinafter referred to as the “recruitment announcement”), Sign the confidentiality agreement with the manager, entrust an intermediary to carry out due diligence, accept the reverse due diligence of the manager, submit the reorganization investment plan, pay the investment deposit and participate in the selection of reorganization investors.
For details, please refer to cninfo.com on September 18, 2021, October 26, 2021, December 28, 2021 and February 8, 2022（ http://www.cn.info.com.cn. ）The disclosed suggestive announcement on the recruitment of investors participating in the bankruptcy reorganization of Wangxin Securities Co., Ltd. (Announcement No.: 2021-049) and the announcement on the progress of the recruitment of investors participating in the bankruptcy reorganization of Wangxin Securities Co., Ltd. (Announcement No.: 2021-050, 2021-056, 2022-012).
2、 Progress
The company received the notice from the manager. According to the voting results of the second interim creditors’ meeting on the bankruptcy and reorganization of wechat securities on February 10, 2022, the manager determined the company as the reorganization investor of wechat securities.
The manager will promote the signing of the investment agreement and the formulation of the draft reorganization plan in accordance with the law.
3、 Risk tips
After the company becomes the reorganization investor of wechat securities, it still needs to reach an agreement with the creditors of wechat securities on the bankruptcy reorganization plan and be approved by the court. This matter is still uncertain. The company will timely perform the corresponding approval procedures and information disclosure obligations according to the progress of the matter. Please invest rationally and pay attention to investment risks. It is hereby announced.
Beijing Compass Technology Development Co.Ltd(300803) board of directors
February 11, 2022
