Securities code: Shenzhen Clou Electronics Co.Ltd(002121) securities abbreviation: Shenzhen Clou Electronics Co.Ltd(002121) Announcement No.: 2022016 Shenzhen Clou Electronics Co.Ltd(002121)
Suggestive announcement on partial shares held by shareholders of the company being ruled to offset debts with shares and changes in shares
The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete without false records, misleading statements or major omissions.
Shenzhen Clou Electronics Co.Ltd(002121) (hereinafter referred to as “the company”) recently received the execution ruling of Hangzhou intermediate people’s Court of Zhejiang Province [(2021 zhe 01 Zhi No. 822-4)]. The 136523474 shares of the company held by Mr. Rao Luhua, the shareholder of the company, were ruled to offset the debt with shares. The specific matters are announced as follows:
1、 Main contents of execution ruling
Executor of the application: Wanxiang Trust Co., Ltd., with domicile at floors 4-6 and 9-17, Tianhe building, No. 429, Stadium Road, Hangzhou, Zhejiang Province, organization code 052808183, and legal representative: Xiao Feng.
Executed by: Rao Luhua
According to the legally effective (2020) zhe01 minchu No. 1220 judgment of Hangzhou intermediate people’s Court of Zhejiang Province (hereinafter referred to as “the court”), the executor Wanxiang Trust Co., Ltd. applied to the court for compulsory enforcement because the executee Rao Luhua failed to perform the obligations specified in the legal document. The court filed a case for enforcement according to law on June 17, 2021. During the execution, the court conducted judicial online auction of 136523474 shares of Shenzhen Clou Electronics Co.Ltd(002121) (securities code Shenzhen Clou Electronics Co.Ltd(002121) ) held by the executed Rao Luhua through Taobao. The auction was suspended because there was no bidding. The applicant for execution applies for the above property to offset part of the debts in this case. Accordingly, in accordance with the provisions of Article 20 of the provisions of the Supreme People’s Court on the auction and sale of property in the civil execution of the people’s court, the ruling is as follows: 1. The 136523474 Shenzhen Clou Electronics Co.Ltd(002121) (securities code Shenzhen Clou Electronics Co.Ltd(002121) ) shares held by the executee Rao Luhua are priced at 75224434174 yuan and delivered to the applicant Wanxiang Trust Co., Ltd. to offset part of the debt. 2. Wanxiang Trust Co., Ltd., the executor of the application, may go through the property right transfer registration procedures and pay fees at relevant departments with this ruling.
3. The freezing of 136523474 Shenzhen Clou Electronics Co.Ltd(002121) (securities code Shenzhen Clou Electronics Co.Ltd(002121) ) shares held by Rao Luhua was lifted.
This ruling shall become legally effective upon service.
2、 Other information and risk tips
1. As of the disclosure date of this announcement, Mr. Rao Luhua holds 191154035 shares of the company, accounting for 13.57% of the total share capital of the company, of which 190042301 shares are in pledge, accounting for 99.42% of the total shares of the company, and the cumulative number of shares in freeze is 191154035 shares, accounting for 100% of the total shares of the company.
2. The debt repayment with shares will not have a significant impact on the company’s production and operation.
3. The company will continue to pay attention to the progress of the above matters and timely perform the obligation of information disclosure in accordance with the provisions of relevant laws and regulations. The information disclosure media designated by the company are securities times, China Securities News, Shanghai Securities News, securities daily and cninfo (www.cn. Info. Com. Cn.), Please pay attention to investment risks.
It is hereby announced.
Shenzhen Clou Electronics Co.Ltd(002121) board of directors
March 2, 2002
