Securities code: 300083 securities abbreviation: Guangdong Create Century Intelligent Equipment Group Corporation Limited(300083) Announcement No.: 2022-017 Guangdong Create Century Intelligent Equipment Group Corporation Limited(300083)
Announcement on uncovered losses reaching one third of the total paid in share capital
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.
Guangdong Create Century Intelligent Equipment Group Corporation Limited(300083) (hereinafter referred to as "the company") held the 26th meeting of the 5th board of directors and the 25th meeting of the 5th board of supervisors on February 18, 2022, deliberated and adopted the proposal on the company's outstanding losses reaching one third of the total paid in share capital. The details are hereby announced as follows:
1、 Overview of the situation
According to the company's 2021 annual financial statements and audit report (Zhong Hui Zi (2022) No. 00151) issued by Zhonghua Certified Public Accountants (special general partnership), at the end of 2021, the company's (consolidated statements) unrecovered loss was -2604737511.47 yuan, the paid in share capital was 1526380379.00 yuan, and the amount of the company's unrecovered loss exceeded one-third of the total paid in share capital. According to the company law, the articles of association and other relevant provisions, this matter needs to be submitted to the general meeting of shareholders for deliberation.
2、 Reasons for loss
The reason why the company failed to make up a large amount of losses is that the company's original main precision structure business has sustained losses due to major adverse changes in the cooperation of major customers and high operating costs. The company has gradually stripped off relevant assets and personnel since 2018. During the transition period of integration and stripping, the business continues to produce operating losses and asset impairment losses, It has a significant impact on the company's consolidated financial statements and operating results.
3、 Countermeasures
1. During the reporting period, the company has basically completed the stripping of precision structural parts business in 2020; In 2021, the company focused on high-quality core business and high-end intelligent equipment business, continuously improved profitability, and turned losses into profits.
2. The company continues to improve the construction of internal control system and strengthen risk prevention. The company will further standardize its operation, strengthen internal control management, control operating costs and expenses, and improve the profitability and anti risk ability of the company.
3. During the reporting period, the company strengthened the development of the market, especially end customers, expanded the scale of revenue and improved the quality of orders. On the basis of striving to maintain the existing high-quality customers and market, on the one hand, the company will strengthen the market expansion of existing products, on the other hand, it will strive to expand new business areas, expand the scale of revenue and promote the sound development of business.
4、 Documents for future reference
1. Resolution of the 26th meeting of the 5th board of directors;
2. Resolution of the 25th meeting of the 5th board of supervisors.
It is hereby announced.
Guangdong Create Century Intelligent Equipment Group Corporation Limited(300083) board of directors February 19, 2022
