Securities code: 002878 securities abbreviation: Beijing Yuanlong Yato Culture Dissemination Co.Ltd(002878) Announcement No.: 2022-010 Beijing Yuanlong Yato Culture Dissemination Co.Ltd(002878)
Announcement on abnormal fluctuation and risk warning of the company’s stock trading
The board of directors does not guarantee that the information disclosed by the company is true, complete or misleading.
Important:
● Beijing Yuanlong Yato Culture Dissemination Co.Ltd(002878) (hereinafter referred to as “the company”) shares deviated from the closing price by more than 20% in three consecutive trading days on February 9, February 10 and February 11, 2022, touching abnormal fluctuations;
● according to the company’s self inspection and verification with the controlling shareholders, up to now, the company and the controlling shareholders have no major events or important information that should be disclosed but not disclosed;
Bing dwen dwen: Recently, the market has paid attention to the relevant concepts of Beijing Winter Olympic Games. The company has verified that at present, there are 29 licensed manufacturers and 58 franchised retailers in the Winter Olympic Games, and the qualification and sale qualifications of the products are not exclusive. The sustainability of the sales of the Winter Olympic franchise products related to the development, production and sale of ice pier pier can be uncertain. The impact of Winter Olympics related businesses on performance is uncertain. Please refer to the financial data disclosed by the company. Please invest rationally and pay attention to risks.
1、 Introduction to abnormal fluctuations in stock trading
Beijing Yuanlong Yato Culture Dissemination Co.Ltd(002878) (hereinafter referred to as “the company”) shares (Securities abbreviation: Beijing Yuanlong Yato Culture Dissemination Co.Ltd(002878) ; securities code: 002878) in February 9, February 10 and February 11, 2022, the cumulative deviation of the closing price increase reached 20%. According to the relevant provisions of the trading rules of Shenzhen Stock Exchange, it belongs to abnormal fluctuation of stock trading.
2、 Description of concerns and verification
1. The information disclosed by the company in the early stage does not need to be corrected or supplemented.
2. Recently, the operation of the company is normal, and the internal and external business environment has not changed significantly.
3. Through self-examination and inquiry, the controlling shareholder and actual controller of the company have no major matters that should be disclosed but not disclosed about the company.
4. For the recent market attention to the concepts related to the Beijing Winter Olympic Games, after verification, the relevant business conditions of the company are described as follows:
On September 13, 2018, the company signed a contract to become a licensed retailer and manufacturer of Beijing 2022 Winter Olympic Games and winter Paralympic Games, with the production qualification of plush and other toys; Badges, key chains and other non precious metal products; Precious metal products.
Up to Shuey Rhon Rhon Bing dwen dwen, Beijing, the 600 Olympic Games 2022 Winter Olympic Games and winter Paralympic Games have been combined with the balance of the products. The products include 10 mascots, 10 kinds of toys, ornaments, toys and toys, and all kinds of badges, key chains, etc. There are more than 50 cups, pots and other products, and nearly 30 precious metal products (Note: the above data do not include customized models of sponsors or partners). At present, there are 29 licensed manufacturers and 58 licensed retailers of Winter Olympics licensed products. The company’s licensed production and sales qualification is not exclusive. There is uncertainty about whether the company’s R & D, production and sales of relevant Winter Olympics licensed products can continue in the future. The impact of Winter Olympics related businesses on performance is uncertain. Please refer to the financial data disclosed by the company.
5. After verification, the directors, supervisors, senior managers, controlling shareholders and persons acting in concert of the company did not buy or sell the company’s shares in violation of regulations during the period of abnormal stock fluctuations.
3、 Whether there is a description of the information that should be disclosed but not disclosed
The board of directors of the company confirms that the company has no undisclosed matters or planning, negotiation, intention, agreement, etc. related to the matters that should be disclosed in accordance with the relevant provisions of the stock listing rules of Shenzhen Stock Exchange; The board of directors has not been informed that the company has undisclosed information that has a great impact on the trading price of the company’s shares and their derivatives that should be disclosed in accordance with the relevant provisions of the stock listing rules of Shenzhen Stock Exchange; The information disclosed by the company in the early stage does not need to be corrected or supplemented.
4、 Necessary risk tips
1. Through self-examination, the company does not violate the fair disclosure of information.
2. The impact of Winter Olympics related businesses on performance is uncertain. Please refer to the financial data disclosed by the company. At present, there are 29 franchised manufacturers and 58 franchised retailers of the Winter Olympic licensed goods. The company’s franchised production and sales qualification is not exclusive.
3. Since the company signed the contract to become a licensed retailer and manufacturer of Beijing Winter Olympic Games and winter Paralympic Games in September 2018, it has successively obtained the licensing qualification of many large-scale projects such as Shanghai World Expo and Nanjing Youth Olympic Games, and the relevant licensed souvenir business has been continuously put into operation. In 2020, this part of business was greatly affected by epidemic factors. The company’s Winter Olympic franchise business realized a revenue of 59.1795 million yuan, accounting for 2.97% of the operating revenue, which was basically the same as that in the same period of 2019. In the first half of 2021, the revenue of licensed souvenirs and precious metals of Beijing Winter Olympic Games was 70.7384 million yuan, accounting for 7.59% of the operating revenue. Recently, there is a strong demand in the Winter Olympics franchise commodity market, but the Winter Olympics related businesses are uncertain due to the impact of the time node of the games and market hot spots. There is also uncertainty about the sustainability of the sales heat of related products in the future, and the impact on the performance is uncertain. Please pay attention to the relevant risks.
4. Securities times, China Securities News, Shanghai Securities News, securities daily and cninfo (www.cn. Info. Com. CN.) As the information disclosure media designated by the company, all information of the company shall be subject to the information published in the above designated media.
5. The company will continue to fulfill the obligation of information disclosure in strict accordance with the provisions and requirements of relevant laws and regulations, and do a good job of information disclosure in a timely manner. Please invest rationally and pay attention to risks.
It is hereby announced.
Beijing Yuanlong Yato Culture Dissemination Co.Ltd(002878) board of directors February 14, 2022
