Stock Code: 000752 stock abbreviation: * ST Xifa Announcement No.: 2022-020 Tibet Development Co.Ltd(000752)
Reply announcement on the attention letter of Shenzhen Stock Exchange (company Department attention letter [2022] No. 160)
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.
Tibet Development Co.Ltd(000752) (hereinafter referred to as “the company”, “the company”, “listed company” and “Tibet development”) received the notice on Tibet Development Co.Ltd(000752) from Shenzhen Stock Exchange on January 30, 2022 (company Department notice [2022] No. 106), hereinafter referred to as the notice). The company has carefully checked, analyzed and explained the issues raised in the letter of concern, and now replies to the relevant issues as follows:
Your company disclosed the performance forecast for 2021 on January 29, 2022, which said that the net profit attributable to the shareholders of the listed company in 2021 is expected to be – 14.8 million yuan to – 22.2 million yuan, and the net profit after deducting non recurring profits and losses is – 920000 yuan to – 8.32 million yuan. The main reasons for the loss in 2021 are that the company did not actually use loans, issued commercial acceptance bills Interest expense arising from foreign guaranteed commercial acceptance bills. According to your company’s report for the third quarter of 2021, the net profit attributable to the shareholders of the listed company in the first three quarters was -13.1966 million yuan. As of the end of the third quarter, the owner’s equity attributable to the shareholders of the listed company was 36.3605 million yuan.
Our ministry is concerned about this. Please verify and explain the following items.
1. Describe in detail the specific composition and corresponding amount of the operating income during the reporting period, and explain whether the relevant income of your company should be deducted and its judgment basis item by item in accordance with the provisions of 4.2 “matters related to deduction of operating income” in the guidelines for self discipline supervision of listed companies No. 1 – business handling of the exchange. Reply of the company: the specific composition of the company’s operating revenue in 2021, the deduction and judgment basis of revenue composition are shown in the following table:
Unit: Yuan
Judgment basis for whether the detailed business income (unapproved) of commodity name should be deducted
628ml bottled 233258009.09 no beer sales belong to the main business of the company, 355ml tinned 158333787.53 no, and have no particularity The occasional and temporary nature does not affect whether the report users make a normal judgment on the company’s sustainable operation ability
Subtotal 392246539.97
It is related to the company’s beer sales business and has no particularity, occasional distiller’s grains 602654.85 hair and temporary, It does not affect the normal judgment of report users on the company’s sustainable operation ability
Total 392849194.82
After checking the operating income of the current period according to the requirements for deduction of operating income in the guidelines for self discipline supervision of listed companies of Shenzhen Stock Exchange No. 1 – business handling, the company confirms that there is no business income irrelevant to the main business and income without commercial substance in the current operating income. As the audit work of the accounting firm is ongoing, the final data shall be subject to the audit results of the annual audit accountant. [opinion of accounting firm]
Our audit of the company’s financial statements in 2021 is still in progress. The company’s operating revenue includes the sales of 628ml bottled beer, 355ml tinned beer and 390ml bottled beer and the sales of distiller’s grains, of which the sales of 628ml bottled beer, 355ml tinned beer and 390ml bottled beer are the company’s main business revenue, The sales of distiller’s grains are other business income related to the company’s main business.
The audit procedures we are currently implementing include:
① Compare and analyze the operating income of the current period with that of the previous period, and review the sales structure and price changes of the products in the current period.
② Analyze the gross profit margin of main products on a monthly and annual basis, and review the changes of gross profit margin.
③ Confirm the income of the current period by letter.
④ Check the warehouse in and warehouse out vouchers of relevant products.
In conclusion, according to the data and information currently obtained, we believe that the beer sales revenue and lees sales related revenue in the company’s operating revenue are related to the company’s main business and should not be deducted. The specific audit opinions shall be subject to the audit report of the company’s financial statements in 2021 issued by the exchange.
2. Explain the specific situation of interest expenditure caused by the company’s failure to actually use the loan, issue commercial acceptance bill and guarantee commercial acceptance bill, and whether your company has accrued interest and relevant accounting treatment for the loan, commercial acceptance bill and guarantee commercial acceptance bill involved in litigation or arbitration cases, On this basis, explain whether there is a situation in which interest should be accrued but not accrued. If so, please explain the details of the corresponding matters and the reasons for not withdrawing interest.
Reply of the company: the relevant information of the company’s litigation cases is shown in the table below:
(I) loan cases
Whether the amount as of December 31, 2021 (10000 yuan) Reason for the existence of accrued serial number and case number Basic information: the negative accounting treatment method and reasonable interest have been accrued, and the interest has not been accrued according to the progress of the case Whether interest is accrued on the principal and accumulated interest bearing debt (principal and interest)
Total litigation fees)
March 2019, 2018, according to the case
The principal of 150 million yuan was included in the “its” by appointing lawyers
The lawyer received the “Chengdu Zhonghe payables – Wenjin”; company
Sichuan Wenjin Trade Co., Ltd. (hereinafter referred to as “Wenjin trade Adjudication Board”) has not used the funds, so it should report to the capital
As the plaintiff, Yi (“Yi”) made an award to the arbitration tribunal of Chengdu on the ground of loan contract dispute, and the user of Tibet’s payment was recovered according to Shi
The Arbitration Commission of Tibet development and Tianyi Longxing applied for arbitration exhibition to repay the debt commitment issued by Wenjin trade by Yuanzhi trade
(2018) arbitration. The claim of Wenjin trade arbitration is: the claim for award II was applied for 150 million yuan, and the payment was a letter of promise and the account was charged at the same time
The 1227th person of case Zi repaid the principal of 150 million yuan; Request for ruling on the overdue interest of the respondent (24% of the annual interest rate of the loan) and the creditor’s rights of the user: “other payables”
Case No. 1 (the interest during the original payment of overdue principal repayment (based on the principal of 150 million yuan in May 2018 as 15000 13150.00 28551.98 Collection – Shi Yuanzhi)
