On the 23rd of Shenzhen Huakong Seg Co.Ltd(000068) 23, an independent director announced his resignation, which is less than a week from March 1, when the annual report is expected to be released. The reporter called Shenzhen Huakong Seg Co.Ltd(000068) on the 23rd to ask whether there was a connection between the two. The other party denied it.
According to the previously disclosed performance forecast, Shenzhen Huakong Seg Co.Ltd(000068) in 2021, the net profit loss attributable to the shareholders of the listed company is 70 million to 110 million yuan. After deducting non recurring profits and losses, the net profit is still negative. At the same time, among the risk tips, Shenzhen Huakong Seg Co.Ltd(000068) also prompted an arbitration case involving the same party’s investment, which has lasted for a long time.
Ms. any, an independent director of the company, announced her resignation as a director and will resign as the convener of the nomination committee and a member of the remuneration and assessment committee. With the performance loss in advance and the disclosure of the annual report imminent, it is difficult not to make people associate with the announcement of resignation at this moment. In fact, it is not the first time that the negative news of Shenzhen Huakong Seg Co.Ltd(000068) accompanied the resignation of senior executives. Although Shenzhen Huakong Seg Co.Ltd(000068) denies the connection between the two, it is obviously not convincing to explain the reasons for resignation only for “personal reasons”.
On January 26, Shenzhen Huakong Seg Co.Ltd(000068) issued two announcements in a row. One involved an arbitration case totaling nearly 600 million yuan, Shenzhen Huakong Seg Co.Ltd(000068) was the respondent, while the other announced the resignation of a vice president. At that time Shenzhen Huakong Seg Co.Ltd(000068) also said that there was no connection between the two. The arbitration case is the case listed as a risk warning item in the performance forecast, which has not been resolved so far.
The reason for the arbitration event was the entrusted financial management agreement between Shenzhen Huakong Seg Co.Ltd(000068) and the same party in 2017. The same party invested in Shenzhen Huakong Seg Co.Ltd(000068) entrusted financial management, with an entrusted fund of about 430 million yuan, and the entrustment period expired in 2017. Shenzhen Huakong Seg Co.Ltd(000068) received the arbitration application mailed by Beijing Arbitration Commission for the first time in July 2020, and the same party asked Shenzhen Huakong Seg Co.Ltd(000068) to repay the investment principal, income and penalty interest.
In August 2020, Shenzhen Huakong Seg Co.Ltd(000068) many assets were frozen due to this arbitration, including the equity and real estate of some subsidiaries, with a total value of nearly 600 million yuan. In the latest announcement, Shenzhen Huakong Seg Co.Ltd(000068) said that the arbitration has not been decided yet, and the impact on the company cannot be predicted for the time being. The arbitration has been heard in November 2020 and April 2021 respectively, but has not been ruled.
In terms of share price, Shenzhen Huakong Seg Co.Ltd(000068) has started a rebound since the end of January, but it has not returned to the price at the end of 2021. As of the closing on February 23, Shenzhen Huakong Seg Co.Ltd(000068) closed at 3.32 yuan / share, up slightly by 0.61%.
