Securities code: Jiangxi Firstar Panel Technology Co.Ltd(300256) securities abbreviation: Jiangxi Firstar Panel Technology Co.Ltd(300256) Announcement No.: 2022026 Jiangxi Firstar Panel Technology Co.Ltd(300256)
Announcement on the convening of the first creditors’ meeting of Sun Corporation
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.
Jiangxi Firstar Panel Technology Co.Ltd(300256) (hereinafter referred to as “the company”) on December 22, 2021 On December 23, 2021, it disclosed the announcement on the acceptance of bankruptcy liquidation by the court (Announcement No.: 20210173) and the announcement on the appointment of administrator by the court and the commencement of creditor’s rights declaration and the convening of the first creditor’s meeting (Announcement No.: 20210175), The people’s Court of Xiangdong District, Pingxiang City, Jiangxi Province (hereinafter referred to as “Xiangdong court”) ruled to accept the application for bankruptcy liquidation of Pingxiang Xingxing precision glass technology Co., Ltd. (hereinafter referred to as “Xingxing glass”), appointed Jiangxi Hongtian law firm as the manager of Xingxing glass, and scheduled to hold the first creditors’ meeting at 9 a.m. on March 1, 2022.
On March 1, 2022, the company disclosed the announcement on the progress of the bankruptcy liquidation of the sun company (Announcement No.: 2022024). The Xiangdong court reported to the Pingxiang intermediate people’s Court of Jiangxi Province (hereinafter referred to as “Pingxiang intermediate people’s court”) for upgrading to have jurisdiction over the bankruptcy liquidation of Xingxing glass. Pingxiang intermediate people’s court ruled that the bankruptcy liquidation of Xingxing glass was heard by Pingxiang intermediate people’s court.
On March 1, 2022, the company received the report on the resolution of the first creditors’ meeting of Pingxiang Xingxing precision glass technology Co., Ltd. (2021) hongpoguan Zi No. 10-9) sent by the manager of Xingxing glass. Now the relevant information is announced as follows:
1、 Number of attendees and recovered votes
At the first creditors’ meeting of Xingxing glass, 33 creditors with voting rights attended the meeting, and the amount of creditor’s rights represented by them was 51132797212 yuan (of which the amount of creditor’s rights preliminarily determined by the manager was 40841978146 yuan and the amount to be determined was 10290819066 yuan). The total amount of unsecured creditor’s rights represented by creditors with voting rights is 55837737937 yuan (of which the amount of creditor’s rights preliminarily determined by the manager is 43040796616 yuan and the amount to be determined is 12796941321 yuan).
In this creditors’ meeting, the amount of creditor’s rights represented by voting creditors attending the meeting was 51132797212 yuan, accounting for 91.57% of the total amount of unsecured creditor’s rights of 55837737937 yuan.
Each creditor has one vote. The manager issued 33 votes on site and recovered 33.
2、 Voting at the first creditors’ meeting
1. Voting matters: scheme for election and authorization of creditor Committee
18 creditors with voting rights agreed to the voting matter, representing 49588284352 yuan of creditor’s rights; 15 creditors with voting rights disagreed to the voting matter, representing 154451286 yuan of creditor’s rights.
The number of creditors with voting rights who agreed to the voting matter accounted for 54.55% of the 33 creditors with voting rights attending the meeting, and more than half of them; The amount of creditor’s rights represented by the voting creditors who agree to the voting matter accounts for 88.81% of the total amount of unsecured creditor’s rights of 55837737937 yuan, which has exceeded more than half.
The first creditors’ meeting voted on the voting matter.
2. Voting matters: discussion mechanism and voting rules of the creditor Committee
There are 27 creditors with voting rights who agree with the voting matter, and the amount of creditor’s rights represented is 50319286499 yuan. There are 6 creditors with voting rights who disagree with the voting matter, and the amount of creditor’s rights represented is 813510713 yuan.
The number of creditors with voting rights who agreed to the voting matter accounted for 81.82% of the 33 creditors with voting rights attending the meeting, and more than half of them; The amount of creditor’s rights represented by the voting creditors who agree to the voting matter accounts for 90.12% of the total amount of unsecured creditor’s rights of 55837737937 yuan, which has exceeded more than half.
The first creditors’ meeting voted on the voting matter.
3. Voting matters: written voting measures of creditors’ meeting
There are 28 creditors with voting rights who agree with the voting matter, and the amount of creditor’s rights represented is 51022075708 yuan. There are 5 creditors with voting rights who disagree with the voting matter, and the amount of creditor’s rights represented is 110721504 yuan.
The number of creditors with voting rights who agreed to the voting matter accounted for 84.85% of the 33 creditors with voting rights attending the meeting, and more than half of them; The amount of creditor’s rights represented by the voting creditors who agreed to the voting matter accounted for 91.38% of the total unsecured creditor’s rights of 55837737937 yuan, which has exceeded more than half.
The first creditors’ meeting voted on the voting matter.
4. Voting matters: property management and price change plan
There are 28 creditors with voting rights who agree with the voting matter, and the amount of creditor’s rights represented is 51025703988 yuan. There are 5 creditors with voting rights who disagree with the voting matter, and the amount of creditor’s rights represented is 110721504 yuan.
The number of creditors with voting rights who agreed to the voting matter accounted for 84.85% of the 33 creditors with voting rights attending the meeting, and more than half of them; The amount of creditor’s rights represented by the voting creditors who agreed to the voting matter accounted for 91.38% of the total unsecured creditor’s rights of 55837737937 yuan, which has exceeded more than half.
The first creditors’ meeting voted on the voting matter.
5. Voting matters: bankruptcy property distribution plan
There are 26 creditors with voting rights who agree with the voting matter, and the amount of creditor’s rights represented is 50943350213 yuan. There are 7 creditors with voting rights who disagree with the voting matter, and the amount of creditor’s rights represented is 189446999 yuan.
The number of creditors with voting rights who agreed to the voting matter accounted for 78.79% of the 33 creditors with voting rights attending the meeting, and more than half of them; The amount of creditor’s rights represented by the voting creditors who agreed to the voting matter accounted for 91.23% of the total unsecured creditor’s rights of 55837737937 yuan, more than half.
The first creditors’ meeting voted on the voting matter.
3、 Risk tips
After Xingxing glass enters the bankruptcy liquidation procedure, the final impact on the company will be determined according to the bankruptcy liquidation results. Please pay attention to investment risks.
The company will continue to pay attention to the follow-up progress of the bankruptcy liquidation of Xingxing glass, and fulfill the obligation of information disclosure in time according to relevant regulations. The information disclosure media designated by the company are securities times, China Securities News, Shanghai Securities News, securities daily and cninfo.com（ http://www.cn.info.com.cn. ）, all information of the company shall be subject to the information disclosed in the above media. Please pay attention to investment risks.
4、 Documents for future reference
1. Report on the resolution of the first creditors’ meeting of Pingxiang Xingxing precision glass technology Co., Ltd. [(2021) hongpoguan Zi No. 10-9].
It is hereby announced.
Jiangxi Firstar Panel Technology Co.Ltd(300256) board of directors
March 3, 2022
