Tesla concept stock Huachangda Intelligent Equipment Group Co.Ltd(300278) (300278. SZ) received a letter of concern from the Shenzhen stock exchange the next day after handing over the annual performance forecast of pre earnings. On February 11, Huachangda Intelligent Equipment Group Co.Ltd(300278) claimed in the announcement of the reply to the concern letter that according to the reorganization progress and the court ruling, the reorganization business was subject to accounting treatment, and the relevant accounting treatment was in line with the relevant provisions of the accounting standards for business enterprises. In addition, at the end of the reporting period, the company’s orders on hand exceeded 4 billion yuan.
The 2021 annual performance forecast of Huachangda Intelligent Equipment Group Co.Ltd(300278) shows that the company’s operating revenue is 2-2.5 billion yuan, and the net profit attributable to shareholders of listed companies is 30-45 million yuan. However, the net profit after deducting non recurring profits and losses showed a loss of 450 million yuan to 550 million yuan. The company pointed out that the changes in the company’s operating performance during the reporting period were mainly due to non recurring profits and losses, with an impact on the net profit of about 500 million yuan to 600 million yuan. Non recurring profits and losses mainly include the income from debt restructuring recognized by the company due to judicial restructuring of about 500 million yuan to 600 million yuan, the estimated liabilities accrued due to litigation of about 30 million yuan to 40 million yuan, as well as the income from asset disposal and government subsidies included in the current profits and losses.
The announcement further shows that during the reporting period, Huachangda Intelligent Equipment Group Co.Ltd(300278) and its wholly-owned subsidiary Shanghai demeke completed the reorganization, the implementation of the reorganization plan was completed, the reorganization investors were successfully introduced and the debt repayment problem was solved as a whole, resulting in debt restructuring income and promoting the debt risk analysis of the company.
According to the historical information disclosed by Huachangda Intelligent Equipment Group Co.Ltd(300278) , on June 4, 2021, Huachangda Intelligent Equipment Group Co.Ltd(300278) received the notice of the intermediate people’s Court of Shiyan City, Hubei Province ((2021) e 03 Po Shen No. 20) served by the intermediate people’s Court of Shiyan City, Hubei Province, The creditor Shenzhen hi tech Investment Group Co., Ltd. applied to Shiyan intermediate people’s Court of Hubei Province for reorganization of the company on the ground that the company was unable to pay off its due debts and obviously lacked solvency in accordance with Article 2 of the enterprise bankruptcy law of the people’s Republic of China. The company started the pre reorganization procedure from June 24, 2021. On December 20, 2021, Shiyan intermediate people’s court ruled the reorganization plan of the company and its wholly-owned subsidiary Shanghai demeco Automobile Equipment Manufacturing Co., Ltd. according to law, terminated the reorganization procedure of the company and its wholly-owned subsidiary Shanghai demeco and entered the implementation stage of the reorganization plan.
On December 31, 2021, the last day of 2021, Huachangda Intelligent Equipment Group Co.Ltd(300278) yashao received the civil ruling (2021) e 03 Po No. 29 and the civil ruling (2021) e 03 Po No. 30) from Shiyan intermediate people’s court. Shiyan intermediate people’s court ruled that the reorganization plan of huachangda and its wholly-owned subsidiary Shanghai demeke had been completed, And terminate the reorganization procedures of huachangda and its wholly-owned subsidiary Shanghai demake.
So what about the main business of Huachangda Intelligent Equipment Group Co.Ltd(300278) ? The company replied to the letter of concern that during the reporting period, the company’s operating revenue was divided by industry, mainly including automobile, warehousing and logistics and military industry. Among them, the revenue of automobile industry is about 1-1.2 billion yuan, the revenue of logistics industry is about 1-1.2 billion yuan, and the revenue of military industry is about 10 million yuan. In addition, the company’s orders on hand exceed 4 billion yuan, and the company has always concentrated its main resources to ensure the execution of orders on hand.
The interface news reporter noted that Huachangda Intelligent Equipment Group Co.Ltd(300278) had been dragged into the guarantee crisis by Yan Hua, the original actual controller, and once faced the risk of delisting. The company also had a legal confrontation with creditors on the compliance and effectiveness of hidden insurance. However, from the judgment results, some judgment results are not conducive to Huachangda Intelligent Equipment Group Co.Ltd(300278) .
After the reorganization, after this equity change, Shenzhen hi tech Investment Group Co., Ltd. and its persons acting in concert held a total of 410741585 shares of the company, accounting for 28.75% of the total share capital of Huachangda Intelligent Equipment Group Co.Ltd(300278) . However, Huachangda Intelligent Equipment Group Co.Ltd(300278) still claims that the company has no controlling shareholder and no actual controller.
At present, after judicial reorganization, the listing status of Huachangda Intelligent Equipment Group Co.Ltd(300278) has been preserved. So, with huge orders on hand, Huachangda Intelligent Equipment Group Co.Ltd(300278) can rely on its main business to achieve Nirvana and rebirth?
