Securities code: 600734 securities abbreviation: Fujian Start Group Co.Ltd(600734) Announcement No.: No. 2022-016 Fujian Start Group Co.Ltd(600734) risk warning announcement
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.
The shares of Fujian Start Group Co.Ltd(600734) (hereinafter referred to as the company or Shida group) fell by the limit for three consecutive trading days on February 8, 2022, February 9, 2022 and February 10, 2022. In order to remind investors to invest rationally, the risk tips of relevant matters of the company are as follows:
On December 27, 2021, Fuzhou intermediate people's court ruled to approve the reorganization plan of Shida group and terminate the reorganization procedure of Shida group. On December 31, 2021, Fuzhou intermediate people's court ruled that the reorganization plan of Shida group had been implemented. According to the reorganization plan, Shida group will convert the capital reserve into share capital based on the existing total share capital of 622372316 shares and increase 25 shares for every 10 shares, with a total of 1555930790 shares.
1、 Risk warning of company stock ex rights
The restructuring investors paid a total consideration of about 900 million yuan and transferred 1555930790 shares of Shida group, with an average consideration of about 0.578431 yuan per share.
According to the ex right formula: "ex right (interest) reference price = [(previous closing price - cash dividend) + the price at which the reorganized investor transfers the capital reserve to increase the stock × The change ratio of tradable shares caused by the transfer of capital reserve to shares by the reorganization investor] ÷ (1 + the change ratio of tradable shares caused by the transfer of capital reserve to shares by the reorganization investor) ", if calculated according to the closing price of 2.72 yuan / share on February 10, 2022, the ex right (interest) reference price of the company is about 1.19 yuan / share. Since the original shareholder has not obtained the converted shares, the share price of the company after ex rights will be greatly different from that before ex rights, and the ex rights of the company's shares may lead to the loss of the market value of the original shareholder.
The company invites investors to pay attention to the possible risks of the above matters, make rational investment judgment and pay attention to investment risks. 2、 Financial delisting situations that the company may touch
According to one of the circumstances stipulated in the rules of Shanghai Stock Exchange, if the listed company's financial indicators of the year 2021 are triggered, the company's listing will be terminated:
1. If the net assets of the company are still negative at the end of 2021, the listing of the company's shares will be terminated.
2. If the company's 2021 financial and accounting report is issued with qualified opinions or negative opinions or audit reports that cannot express opinions, the listing of the company's shares will be terminated.
The information disclosure media designated by the company are China Securities News, securities daily and the website of Shanghai Stock Exchange (www.sse. Com. CN), All information of the company shall be subject to the information published in the above designated media. Please pay attention to the company's announcement, invest rationally and pay attention to investment risks.
It is hereby announced.
Fujian Start Group Co.Ltd(600734) board of directors February 10, 2022
