On March 3, Jiangsu Xinning Modern Logistics Co.Ltd(300013) revised the performance forecast for 2021, and the net loss attributable to shareholders of the listed company was expanded to 140 million yuan 9.5 billion yuan, and the net loss after deducting non recurring profits and losses was reduced to 118 million yuan 7.3 billion yuan.
Jiangsu Xinning Modern Logistics Co.Ltd(300013) explained that the company recently received the civil judgment served by the higher people’s Court of Hubei Province, and Shenzhen Xinning Modern Logistics Co., Ltd. paid 149 million yuan to the Beijing Branch of the people’s Insurance Company of China within 10 days after the judgment came into effect, Jiangsu Xinning Modern Logistics Co.Ltd(300013) assume joint and several liability to the Beijing Branch of the people’s Insurance Company of China for the compensation liability of Shenzhen Xinning Modern Logistics Co., Ltd. in the preceding paragraph. In accordance with the accounting standards for business enterprises and the principle of prudence, the company made up an estimated liability of about 85 million yuan for the above matters.
Jiangsu Xinning Modern Logistics Co.Ltd(300013) also mentioned that during the reporting period, the impact of non recurring profits and losses on net profit is expected to be about – 22 million yuan, mainly including the disposal of equity of subsidiaries, disposal of land and real estate, acceptance of government subsidies, provision of estimated liabilities and other matters.
Jiangsu Xinning Modern Logistics Co.Ltd(300013) pointed out that as of the disclosure date of the performance forecast amendment announcement, the company had overdue bank loans. As of December 31, 2021, the company still has a short-term loan principal balance of 192 million yuan and a long-term loan principal balance of 40 million yuan (including 10 million yuan due within one year). If the company fails to improve the company’s capital situation or formulate a feasible response plan, the overdue amount of Bank loans will further increase, The company will face the risk of shortage of working capital and judicial freezing of assets, and the operation of each business segment may be adversely affected to varying degrees, resulting in uncertainty in the company’s ability to continue operations.
Jiangsu Xinning Modern Logistics Co.Ltd(300013) further points out that the company’s net profit in 2019 and 2020 is negative, and it is expected that the net profit in 2021 will still be negative. If the company’s 2021 audit report shows that there is uncertainty in the company’s ability to continue operating, according to item (6) of article 9.4 of the rules for listing shares on the gem of Shenzhen Stock Exchange, The company will be warned of other risks by Shenzhen Stock Exchange. Please pay attention to investment risks.
According to the data, on March 3, Jiangsu Xinning Modern Logistics Co.Ltd(300013) share price fluctuated higher, rising 2.94% to 4.20 yuan as of the closing.
