Recently, in order to curb the spread and spread of the epidemic, control measures have been upgraded in many places in Zhejiang. In order to actively respond to and cooperate with the local epidemic control requirements, on December 12, Zhejiang Jingsheng Mechanical & Electrical Co.Ltd(300316) and other listed companies announced the temporary shutdown of relevant subsidiaries.
According to the preliminary statistics of the reporter of the securities times · e company, up to now, 17 listed companies have announced the suspension of production due to the epidemic situation in Zhejiang, and most of them are companies registered or subsidiaries in Shangyu, Shaoxing.
seven companies temporarily stopped production one day
According to the Zhejiang Jingsheng Mechanical & Electrical Co.Ltd(300316) announcement, the leading group of New Coronavirus disease prevention and control in Shangyu District of Shaoxing city issued the circular on strengthening the management and control measures in the whole region on the afternoon of December 9th, calling for the region to stop all work except for epidemic prevention needs and people’s livelihood protection. Dangerous chemicals enterprises should stop production in an orderly manner to ensure safety. The company actively responded to the government’s epidemic prevention policy, began to stop production in an orderly and temporary manner from the afternoon of December 9 according to the spirit of the document, and fully cooperated with the government’s epidemic prevention work to curb the spread and spread of the epidemic. The specific time for resuming normal production will be arranged according to the requirements of the local government.
Zhejiang Jingsheng Mechanical & Electrical Co.Ltd(300316) indicates that the subjects of this temporary shutdown include the company and its subsidiaries within the scope of consolidated statements, Shaoxing Shangyu Jingxin Electromechanical Technology Co., Ltd., Zhejiang Jinghong Precision Machinery Manufacturing Co., Ltd., Zhejiang Jingrui Electronic Materials Co., Ltd. and Zhejiang Meijing new materials Co., Ltd., involving the company’s crystal growth equipment, some crystal processing equipment Some sapphire materials, auxiliary materials, consumables, parts and other businesses.
It should be noted that Zhejiang Jingsheng Mechanical & Electrical Co.Ltd(300316) crystal growth equipment and crystal processing equipment are large-scale special equipment. After the company’s equipment products are sent to the customer, the revenue will be recognized after the installation, commissioning and acceptance of the client. The products of crystal growth equipment and crystal processing equipment issued by the company in December 2021 will be recognized as revenue after being accepted by customers in 2022.
Zhejiang Jingsheng Mechanical & Electrical Co.Ltd(300316) stressed that although the temporary shutdown business accounts for a large proportion of the company’s business (the operating revenue of the temporary shutdown business accounts for about 70% of the unaudited consolidated statements from January to September 2021), the temporary shutdown is not expected to have an adverse impact on the company’s performance in 2021.
In addition, Zhejiang Jingsheng Mechanical & Electrical Co.Ltd(300316) said that it had negotiated with the customer to adjust the delivery time under the terms agreed in the sales contract. After the epidemic situation is controlled, the company will quickly and orderly resume production and complete the contract delivery as soon as possible by adjusting the production plan.
Zhejiang Yankon Group Co.Ltd(600261) was announced because Shangyu subsidiary stopped production. Zhejiang Yankon Group Co.Ltd(600261) said that at present, Shangyu production base mainly produces LED lighting products, and the revenue of the base accounted for 41.50% of the company’s total revenue in the first to third quarters of 2021.
Zhejiang Yankon Group Co.Ltd(600261) said that the temporary shutdown of Shangyu production base will delay the production and delivery of some products of the company. The company will take various measures to reduce the impact of the temporary shutdown. At the same time, the company will actively cooperate with the government’s epidemic prevention requirements and strive to resume work and production as soon as possible.
In addition to the above two listed companies, there are Zhejiang Fenglong Electric Co.Ltd(002931) , Zhejiang Jindun Fans Co.Ltd(300411) , Zhejiang Chunhui Intelligent Control Co.Ltd(300943) , Zhejiang Zhongxin Fluoride Materials Co.Ltd(002915) and Jialian technology, which disclosed the announcement of temporary shutdown due to the epidemic situation on December 12.
Shangyu starts level I emergency response
At 17:00 on December 12, Zhejiang Province held a press conference on the prevention and control of covid-19 pneumonia, informing that since December 5, as of 15:00 on the same day, 138 confirmed cases and 1 asymptomatic infection have been reported in Ningbo, Shaoxing and Hangzhou, Zhejiang Province.
Among them, 44 confirmed cases were reported in Ningbo; A total of 77 confirmed cases and 1 asymptomatic infection were reported in Shaoxing; A total of 17 confirmed cases have been reported in Hangzhou.
On December 11, the prevention and Control Office of Zhejiang Province issued the emergency notice on comprehensively and strictly strengthening epidemic prevention and control, and put forward seven key measures. All localities in Zhejiang Province should quickly implement the joint prevention and control mechanism of the State Council and the decision-making and deployment of the provincial Party committee and the provincial government, and implement all epidemic prevention and control measures to the letter. During the epidemic period, the general requirement is to achieve “four stricts, one improvement and two strengthening”, that is, strictly control cross provincial travel, strictly control personnel gathering, strictly prevent epidemic spillover and strictly monitor the epidemic situation; Improve emergency response capacity; Strengthen publicity and guidance, strengthen mechanism construction, and ensure that the closed-loop and responsibility of each link of each measure are implemented in place.
For more COVID-19 cases in Shangyu, Shaoxing, on the afternoon of December 11th, Zhejiang provincial Party committee secretary and Zhejiang provincial New Coronavirus pneumonia epidemic prevention and control work group leader group leader yuan Jun Jun in Hangzhou video link supervision.
Yuan Jiajun stressed that we should resolutely and thoroughly do a good job in sealing, control and isolation, mobilize and organize all forces at all levels, strictly implement the epidemic prevention and control measures for the “three areas” such as sealing and control area, control area and prevention area, and firmly put the people in charge in place to make the quiet area calm down quickly. It is necessary to resolutely and thoroughly carry out personnel control, and fully seal the traffic entrances and exits in and out of Shangyu district. Except for the necessary support vehicles and personnel, all other vehicles and personnel are prohibited from entering and leaving Shangyu district to strictly prevent the overflow of the epidemic situation.
In addition, according to the news of covid-19 pneumonia epidemic prevention and control leading group in Shangyu District, Shaoxing City on December 8, according to the current needs of Shangyu epidemic prevention and control, Shangyu district has started level I emergency response, and several areas have temporarily implemented closed management. In addition to the needs of epidemic prevention and people’s livelihood, other enterprises in the region are temporarily suspended.
(Securities Times)
