Securities code: 600289 securities abbreviation: St Xintong Announcement No.: pro 2022-011 Bright Oceans Inter-Telecom Corporation(600289)
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
Important content tips:
According to article 9.8.4 of the Listing Rules of Shanghai Stock Exchange (revised in January 2022): “if the shares of a listed company are subject to other risk warnings due to the circumstances specified in items (II) to (V) of article 9.8.1, during the period of other risk warnings, the company shall issue a prompt announcement at least once a month to disclose the settlement progress of the matters involved in stages.”
As of the date of this announcement, the company has been subject to other risk warnings by Shanghai stock exchange due to the freezing of its main bank accounts, which meets the requirements of issuing prompt announcements at least once a month. The company will disclose the progress of other risk warning related matters once a month to remind relevant risks.
1、 Relevant information about the implementation of “other risk warning” by the company:
Bright Oceans Inter-Telecom Corporation(600289) (hereinafter referred to as “the company”) was frozen due to the main bank account. According to the relevant provisions of articles 13.3.1 and 13.3.2 of the stock listing rules of Shanghai Stock Exchange (hereinafter referred to as “the stock listing rules”) (revised in 2014), the company’s shares were subject to “other risk warning” on December 26, 2017, For details, see the announcement of Yiyang Xintong on the implementation of other risk warnings for the company’s shares (Announcement No.: pro 2017-079) disclosed by the company on December 26, 2017.
The current situation of the company meets the requirements of article 9.8.4 of the stock listing rules (revised in January 2022), and will disclose the progress of relevant matters once a month and prompt relevant risks. On March 31, April 30, June 1, July 1, July 30, September 1, October 12, October 30, December 4, 2021 On December 31 and January 29, 2022, the progress announcement on other risk warning related matters of the company’s shares was disclosed (Announcement No.: pro 2021-019, pro 2021-042, pro 2021-051, pro 2021-066, pro 2021-081, pro 2021-090, pro 2021-098, pro 2021-102, pro 2021-112, pro 2021-128 and pro 2022-004).
2、 Information related to the freezing of the company’s main bank accounts
Through self inspection, as of the date of this announcement, the freezing of the company’s main bank accounts is as follows:
Unit: 10000 yuan
S / N type quantity actual frozen amount
1 basic account 1 9646.59
2 special account for raised funds 3 73093.45
3 general settlement account 23 2230.32
Total 84970.36
As of the date of this announcement, three general operating accounts of the company have been frozen due to sales contract disputes, and other bank account freezing matters are related to the debt dispute of the controlling shareholder Yiyang group.
3、 Solutions and progress
1. Take effective measures to maintain the normal business activities of the company and minimize the impact of litigation events on the company;
2. Actively respond to lawsuits and cooperate with the investigation of regulatory authorities, safeguard the legitimate rights and interests of the company through legal means, reduce the risk of contingent liabilities and external compensation, and ensure the normal operation order of the company;
3. After the bankruptcy and reorganization of Yiyang group, the company actively communicated with relevant people’s courts, submitted relevant evidence that Yiyang group has been restructured and paid off, promoted the settlement of relevant litigation matters as soon as possible, and unfrozen the company’s bank accounts as soon as possible;
4. The company is actively taking measures to deal with the freezing of the company’s bank accounts related to the matters that the people’s court has ruled that the company should bear joint and several liability for repayment or compensation, and the creditors have not declared their creditor’s rights to Yiyang group;
5. In the case of legal compliance, effectively communicate with users, ensure the normal operation of the company’s business, timely delivery of projects and stabilize the staff through various ways;
6. Actively carry out self-examination, check the deficiencies, and improve the internal control management level of the company.
The information disclosure media designated by the company are China Securities News, Shanghai Securities News and the website of Shanghai Stock Exchange（ http://www.sse.com.cn. ）, relevant information shall be subject to the information published in the above designated media. Please pay attention to the follow-up announcement of the company and pay attention to the investment risk.
Bright Oceans Inter-Telecom Corporation(600289) board of directors February 26, 2022
