Securities code: 002321 securities abbreviation: Henan Huaying Agricultural Development Co.Ltd(002321) Announcement No.: 2022-015
Henan Huaying Agricultural Development Co.Ltd(002321)
Announcement on implementation progress and risk warning of reorganization plan
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.
Henan Huaying Agricultural Development Co.Ltd(002321) (hereinafter referred to as "the company" or "Hua yingnong")
On November 20, 2021, the intermediate people's Court of Xinyang City, Henan Province (hereinafter referred to as
(2021) Yu 15 Po Shen No. 4 Civil Ruling served by "Xinyang intermediate people's court" or "court")
The court ruled to accept the applicant Huang Chuanrui
Reorganization of the company by China Supply Chain Management Co., Ltd. (hereinafter referred to as "Huangchuan Ruihua")
Apply for and appoint Beijing Jindu (Shenzhen) law firm and Zhongqin Wanxin certified public accountants
(special general partnership) Henan branch is the manager. On the same day, the company received the letter from Xinyang intermediate people's court
(2021) Yu 15 Po No. 6-2 decision, allowing the company to be supervised by the manager during the reorganization
Manage property and business affairs by themselves. For details, please refer to the law of the people's Republic of China on
Announcement on the court's ruling to accept the reorganization of the company (Announcement No.: 2021-071).
After entering the reorganization procedure, under the guidance of the court, the manager and the company perform their duties according to law,
Fully promote the reorganization work, and the company will complete the reorganization on November 29, December 6 and December 13, 2021
The announcement on restructuring progress and risk warning was disclosed on cninfo.com on December 20
(Announcement No.: 2021-074, 078, 081, 082).
On December 22, 2021, Xinyang intermediate people's court ruled to approve Henan Huaying Agricultural Development Co., Ltd
Limited company reorganization plan (hereinafter referred to as the "reorganization plan"), and terminate the company's reorganization procedures,
For details, please refer to the "customs declaration" disclosed by the company on cninfo.com on December 23, 2021
Announcement on the approval of the reorganization plan by the court (Announcement No.: 2021-086). company
On December 27, 2021, January 4, 2022, January 11, 2022, January 18, 2022, January 25, 2022, February 8, 2022 and February 15, 2022, the announcement on implementation progress and risk warning of reorganization plan (Announcement No.: 2021-088, 2022-002, 2022-005, 2022-006, 2022-007, 2022-010 and 2022-012) was disclosed on cninfo.com.
In accordance with the Listing Rules of Shenzhen Stock Exchange (hereinafter referred to as the "Listing Rules"), the relevant matters on the implementation progress of the company's reorganization plan are hereby announced as follows:
1、 Implementation progress of reorganization plan
1. On December 24, 2021, according to the provisions of the reorganization plan and confirmed by the court, the disposal procedures of some inefficient assets have been started. It is planned to dispose of the long-term equity investment held by the listed company with an evaluation value of 570 million yuan and other receivables assets with an evaluation value of 277 million yuan. The first round of auction, the second round of auction, the third round of auction and the fourth round of auction of relevant assets have been sold, and the fifth round of auction will be launched later. The first round of auction of long-term equity investment assets held by listed companies with an evaluation value of - 3.06 million yuan has ended, and the subject matter has been successfully auctioned.
2. On the premise that all the restructuring investors have been determined and the restructuring investment funds have been paid in full, in order to optimize the internal equity structure of the restructuring investors, Huaying agriculture and Xinyang Dingxin Xinghua Industrial investment partnership (limited partnership) on February 18, 2022 Xinyang Guangxing equity investment management center (limited partnership) and Sichuan xinghuading Enterprise Management Co., Ltd. signed a supplementary agreement to the restructuring investment agreement to adjust the internal structure of the restructuring investors. For details, see Henan Huaying Agricultural Development Co.Ltd(002321) announcement on restructuring investors, adjusting internal structure and signing supplementary agreement to restructuring investment agreement (Announcement No.: 2022-014).
At present, the company is orderly promoting the relevant work in the implementation stage of the reorganization plan under the supervision of the manager.
2、 Risk tips
1. Xinyang intermediate people's court has ruled to terminate the company's reorganization procedure. At present, the company has entered the implementation stage of the reorganization plan. According to the relevant provisions of the enterprise bankruptcy law of the people's Republic of China, during the implementation of the reorganization plan, if the company does not implement or cannot implement the reorganization plan, the company will be declared bankrupt. If the company is declared bankrupt, according to paragraph (VI) of article 9.4.17 of the listing rules, the company's shares will face the risk of delisting.
2. The company's 2020 financial report has been audited by Asia Pacific (Group) accounting firm (special general partnership), which cannot express an opinion. If one of the following circumstances occurs in 2021, the listing of the company's shares will be terminated according to article 9.3.11 of the Listing Rules: (I) the audited net profit is negative and the operating income is less than 100 million yuan, or the net profit of the most recent fiscal year after retroactive restatement is negative and the operating income is less than 100 million yuan; (II) the audited ending net assets are negative, or the ending net assets of the latest fiscal year after retroactive restatement are negative; (III) the financial accounting report is issued with qualified opinions, unable to express opinions or negative opinions; (IV) failing to disclose the annual report guaranteed by more than half of the directors to be true, accurate and complete within the statutory time limit; (V) although it complies with the provisions of article 9.3.7, it fails to apply to the exchange for cancellation of delisting risk warning within the specified time limit; (VI) due to non-compliance with article 9.3.7, the delisting risk warning application was not reviewed and approved by the exchange. 3. The company's implementation of the reorganization plan will help to improve the company's asset liability structure and operating conditions, but the company's stock trading still needs to meet the requirements of subsequent relevant regulatory laws and regulations, otherwise it will still face the risk of termination of listing.
The company will conscientiously perform the obligation of information disclosure in strict accordance with the relevant provisions of the listing rules and disclose the progress of relevant matters in a timely manner. Securities Times (www.cn), China Securities Daily (www.cn), securities news (www.cn), All information of the company shall be subject to the information disclosed in the above designated media and websites. Please make careful decisions and pay attention to investment risks.
It is hereby announced.
Henan Huaying Agricultural Development Co.Ltd(002321) board of directors
February 22, 2002
