Securities code: 603912 securities abbreviation: Nanjing Canatal Data-Centre Environmental Tech Co.Ltd(603912) Announcement No.: 2022-015 convertible bond Code: 113597 convertible bond abbreviation: Jiali convertible bond
Nanjing Canatal Data-Centre Environmental Tech Co.Ltd(603912)
Announcement of abnormal fluctuations in stock trading
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.
Important content tips:
The closing price of Nanjing Canatal Data-Centre Environmental Tech Co.Ltd(603912) (hereinafter referred to as “the company”) shares increased by more than 20% in three consecutive trading days on February 8, 2022, February 9, 2022 and February 10, 2022. According to the relevant provisions of the trading rules of Shanghai Stock Exchange, it belongs to abnormal trading fluctuation.
After the company’s self-examination and written verification with the controlling shareholders and actual controllers, as of the disclosure date of this announcement, there are no major events or important information that should be disclosed but not disclosed.
1、 Details of abnormal fluctuations in stock trading
The closing price of the company’s shares increased by more than 20% in three consecutive trading days on February 8, 2022, February 9, 2022 and February 10, 2022. According to the relevant provisions of the trading rules of Shanghai Stock Exchange, it belongs to abnormal trading fluctuation.
2、 Relevant information concerned and verified by the company
（1） According to the self inspection of the company, the production and operation activities are normal, the daily operation has not changed significantly, and there are no major events affecting the abnormal fluctuation of the company’s stock trading.
（2） After the company’s self-examination and written inquiry with the controlling shareholders and actual controllers of the company, as of the disclosure date of this announcement, the controlling shareholders and actual controllers of the company have no major matters such as planning mergers and acquisitions, share issuance, debt restructuring, business restructuring, asset divestiture and asset injection, and there are no other major information that should be disclosed but not disclosed. On February 22, 2021, the company held the first extraordinary general meeting of shareholders in 2021, which deliberated and approved matters related to non-public offering of shares. As the company’s use of the initial raised funds to purchase land use rights needs to be further implemented, after communicating with the sponsor China Securities Co.Ltd(601066) , the company applied to the CSRC to suspend the review of the application document for Nanjing Canatal Data-Centre Environmental Tech Co.Ltd(603912) non-public Development Bank shares, After the implementation of the purchase of land use right with the initial raised funds, the company applied to the CSRC to resume the review of relevant documents. As of the disclosure date of this announcement, the company has not applied to the CSRC to resume the review. The company’s non-public offering of shares still needs to be approved by the CSRC, and whether it can be approved is uncertain. The company will fulfill the obligation of information disclosure in time according to the review progress of the CSRC. Please pay attention to investment risks.
（3） The company has not found any media reports or market rumors requiring clarification or response; Other events that may have a significant impact on the company’s share price are not found.
（4） According to the verification of the company, the company disclosed the announcement on the plan of reducing shares held by directors and senior managers through centralized bidding on August 3, 2021. Within 6 months after 15 trading days from the date of disclosure of the announcement, Mr. Wang Lingyun plans to reduce shares through centralized bidding, which will not exceed 71000 shares in total, that is, not more than 0.0327% of the total share capital of the company; Mr. Du Mingwei plans to reduce the total number of shares through centralized bidding, which will not exceed 79000 shares, that is, not more than 0.0364% of the total share capital of the company; Mr. Li Linda plans to reduce the total number of shares through centralized bidding, which will not exceed 62000 shares, that is, not more than 0.0286% of the total share capital of the company; Ms. Ye Lili plans to reduce the total number of shares through centralized bidding, which will not exceed 51000 shares, that is, not more than 0.0235% of the total share capital of the company; Mr. Yuan Yi plans to reduce the total number of shares through centralized bidding, which will not exceed 80000 shares, that is, not more than 0.0369% of the total share capital of the company.
Mr. Yuan Yi, the deputy general manager, reduced 5000 shares of the company through centralized bidding on February 9, 2022, 4000 shares of the company through centralized bidding on February 10, 2022, and Mr. Li Linda, the director and general manager, reduced 62000 shares of the company through centralized bidding on February 10, 2022; Mr. Wang Lingyun, director and deputy general manager, reduced 1000 shares of the company through centralized bidding on February 10, 2022, and Ms. Ye Lili, deputy general manager and chief financial officer, reduced 20000 shares of the company through centralized bidding.
After verification by the company, the controlling shareholder of the company, Nanjing Kaide Investment Co., Ltd. (hereinafter referred to as “Kaide investment”) disclosed the announcement of the controlling shareholder’s share reduction plan on November 6, 2021. Kaide investment plans to reduce its total holdings of no more than 6507000 shares through centralized bidding Trading and block trading, That is, the total reduction of shares does not exceed 3% of the total share capital of the company. Among them, it is proposed to reduce no more than 2169000 shares by means of centralized bidding transaction, that is, no more than 1% of the total share capital of the company; It is proposed to reduce no more than 4338000 shares through block trading, that is, no more than 2% of the total share capital of the company. The period of reduction through centralized bidding trading is within 3 months after 15 trading days from the date of announcement and disclosure; The period of reduction through block trading is within 3 months after 3 trading days from the date of announcement and disclosure.
The controlling shareholder Kaide investment reduced its holdings of 469728 shares through block trading on January 28, 2022 and 800000 shares through call auction trading on February 10, 2022.
3、 Relevant risk tips
(I) the deviation of the closing price of the company’s A-Shares for three consecutive trading days on February 8, 2022, February 9, 2022 and February 10, 2022 has reached more than 20%. The company respectfully invites investors to pay attention to the transaction risks in the secondary market, make rational decisions and invest prudently.
(II) risk warning of non-public offering of shares
The notice on the resumption of the company’s application for administrative license has not been disclosed to the CSRC on September 28, 2021 (the notice on the resumption of the company’s application for administrative license has not been disclosed to the CSRC). The company’s non-public offering of shares still needs to be approved by the CSRC, and whether it can be approved is uncertain. The company will fulfill the obligation of information disclosure in time according to the review progress of the CSRC. Please pay attention to investment risks.
(III) risk warning of the company’s investment in the construction of “Nanjing kaideyouyun data center project”
On October 31, 2019, the company’s third extraordinary general meeting in 2019 deliberated and approved the proposal on the proposed investment in the construction of “Nanjing kaideyou cloud data center project”, and planned to invest 1.5 billion in the construction of “Nanjing kaideyou cloud data center project”. The specific contents of the project have been listed in Shanghai Stock Exchange (www.sse. Com. CN.) And the designated disclosure media published the announcement on the proposed investment and construction of “Nanjing kaideyou cloud data center project” (Announcement No.: 2019-076) and the supplementary announcement on the proposed investment and construction of “Nanjing kaideyou cloud data center project” (Announcement No.: 2019-078).
“Nanjing kaideyou cloud data center project” has officially started construction on March 1, 2021.
1. Capital risk
The source of project funds shall be solved by means of self owned funds, bank loans or refinancing. The company has good asset quality, strong profitability, stable cash flow and the ability to raise funds. In 2020, the company achieved an operating revenue of 625 million yuan and a net profit of 115 million yuan; From January to September 2021, the company realized an operating revenue of 519 million yuan and a net profit of 73 million yuan. As of September 30, 2021, the total assets of the company were 1.98 billion yuan, the net assets were 1.006 billion yuan and the current assets were 1.698 billion yuan.
With the consent of self regulatory decision [2020] No. 270 of Shanghai Stock Exchange, the convertible corporate bonds issued by the company have been listed and traded on Shanghai Stock Exchange on August 21, 2020, with a total raised capital of RMB 300 million. After deducting various issuance expenses, the net raised capital is RMB 293.284 million, The balance of the funds raised from the issuance of convertible corporate bonds after deducting the recommendation and underwriting fee has been remitted by the lead underwriter to the special storage account for the raised funds designated by the company on August 5, 2020. Tianheng Certified Public Accountants (special general partnership) has conducted capital verification and issued the capital verification report (Tianheng Yanzi (2020) No. 00088). The net funds raised by the company from the issuance of convertible corporate bonds will be used for Nanjing kaideyouyun data center project.
On April 29, 2021, the company disclosed the announcement on the feedback Reply of non-public development bank stock application documents, submitted the reply materials of feedback opinions to the CSRC, and disclosed the announcement on receiving the notice of suspension of examination of administrative license application of the CSRC on September 28, 2021. As of the disclosure date of this announcement, The company has not applied to the CSRC to resume the examination. The non-public offering of shares still needs to be approved by the CSRC, and there is uncertainty about whether it can be approved.
The implementation of the project is planned to use its own funds and external financing. The total investment is large, and the company will bear the corresponding financial risks. Investors should pay attention to investment risks.
2. Industry risk
The data center industry involved in this project is a new business of the company. The management mode and production and sales mode formed by the company need to adapt to the changes of the new business. If the company can’t make corresponding adjustments in time, especially can’t train a batch of core technical personnel, sales personnel and management personnel of this kind of business as soon as possible, it may hinder the development of new business. The main risks of the project lie in the links of basic resources, technology, market and human resources. Please pay attention to the investment risks.
3. Risk of intensified market competition
For the rapidly increasing data center service providers, the competition mainly focuses on service and professional technology, security, reliability and functionality, reputation and brand awareness, financial strength, breadth and depth of services provided and price. The project may face more fierce market competition in the future, resulting in risks.
4. Risk of project construction progress not meeting expectations
The company’s “Nanjing kaideyou cloud data center project” is expected to have a total investment of about 1.5 billion yuan. The construction period of the project is expected to be 42 months. The project is planned to be constructed and implemented in three phases: the first phase of the project has been completed in 2021
The civil construction started on March 1, 2021. Due to the impact of Nanjing epidemic in the third quarter of 2021, the construction period was delayed. 2800 standard server cabinets are planned to be built in the first phase and put into operation in June 2022. 2800 standard server cabinets are planned to be built in the second phase and put into operation in December 2022. 2800 standard server cabinets are planned to be built in the third phase, It is planned to be put into operation in June 2023.
The above construction progress is estimated according to the current actual situation. Due to the long construction period of the data center and the impact of the implementation progress of the local climate environment, power equipment and other supporting resources, the company may not be able to complete the project on time, which will bring certain risks to the completion of the project on schedule. The company will organize the implementation in strict accordance with the regulatory requirements and various rules and regulations, strengthen the process supervision and management of the project, and disclose the project progress in time. Please pay attention to investment risks. The company will announce and disclose the follow-up progress of the investment project in time.
The company solemnly reminds investors that the company’s information can be found on the website of Shanghai Stock Exchange (www.sse. Com. CN.) And the relevant announcements published in Shanghai Securities News, China Securities News, securities times and Securities Daily, the designated information disclosure media of the company, please invest rationally and pay attention to investment risks.
4、 Statement of the board of directors and commitments of relevant parties
The board of directors of the company confirms that the company does not have any matters that should be disclosed but not disclosed in accordance with the relevant provisions of the stock listing rules or the planning, negotiation, intention and agreement related to such matters, and the board of directors has not been informed of the matters that should be disclosed but not disclosed in accordance with the relevant provisions of the stock listing rules Information that may have a great impact on the trading price of the company’s shares and their derivatives; The information disclosed by the company in the early stage does not need to be corrected or supplemented.
It is hereby announced.
Nanjing Canatal Data-Centre Environmental Tech Co.Ltd(603912) board of directors February 11, 2022
