On February 20, Jonjee Hi-Tech Industrial And Commercial Holding Co.Ltd(600872) (600872. SH) announced that the company received a notice from the controlling shareholder Zhongshan Runtian Investment Co., Ltd. (hereinafter referred to as Zhongshan Runtian), which received the notice from Lhasa intermediate people's Court on the case of financial loans from Tibetan banks, Lhasa intermediate people's court will auction 27.2436 million non restricted tradable shares of the company held by Zhongshan Runtian on the Alibaba judicial auction network platform of Lhasa intermediate people's court from 10:00 on March 22, 2022 to 10:00 on March 23, 2022, accounting for 3.42% of the total share capital of the company.
As of the disclosure date of this announcement, Zhongshan Runtian held 193 million shares of the company, accounting for 24.23% of the total share capital of the company. Jonjee Hi-Tech Industrial And Commercial Holding Co.Ltd(600872) said that if the judicial auction is successful, it will not lead to the change of the company's actual control, affect the company's production and operation, and cause the company's equity distribution not to meet the listing conditions.
Zhongshan Runtian said that it is facing temporary financial difficulties. The group is accelerating the sales of real estate projects, accelerating the sale of special assets, trying to recover funds, properly solve the debt problem and ensure the controlling shareholder status of Jonjee Hi-Tech Industrial And Commercial Holding Co.Ltd(600872) .
The reporter of "daily economic news" noted that Nakayama Runtian is a member of Baoneng department. According to the data of qixinbao, the controlling shareholder (holding 100%) of Zhongshan Runtian is Shenzhen Hualitong Investment Co., Ltd. (hereinafter referred to as Hualitong), and the controlling shareholder (holding 100%) of Hualitong is Shenzhen jushenghua Co., Ltd., which is a 67.40% subsidiary of Baoneng group.
As early as last October, Jonjee Hi-Tech Industrial And Commercial Holding Co.Ltd(600872) opened the liquidity crisis of Baoneng group when replying to the regulatory letter. The reply said that there was a debt default amount of 2.975 billion yuan in Zhongshan Runtian, and the urgent liquidity gap of Baoneng group at that time reached 20 billion yuan, including all financial cashing of 8.349 billion yuan, more urgent project funds of 2.6 billion yuan, and some urgent operating funds and due principal and interest of about 8.5 billion yuan. Baoneng group explained at that time that since June 2021, it has encountered temporary capital turnover difficulties due to the huge capital investment in the manufacturing industry, combined with the epidemic, real estate policy regulation, centralized financing maturity and other factors.
