The "inexplicable" pledge of 40 million yuan of fixed deposit has not been revealed, and 120 million yuan of fixed deposit has another problem.
On the evening of December 10, it was announced that Shanghai Pudong Development Bank Co.Ltd(600000) Nantong Branch, a wholly-owned subsidiary of Nanjing Keyuan, had purchased two fixed deposit products totaling 120 million yuan, which had not arrived at the account due.
Source: Announcement
China Securities News · China Securities Taurus reporter noted that this is only the past 19 trading days since Nanjing Sciyon Wisdom Technology Group Co.Ltd(002380) first announced that 40 million yuan of fixed deposit products in Shanghai Pudong Development Bank Co.Ltd(600000) Nantong Branch have not arrived at the account due.
160 million yuan deposit due but not received
On November 15, Nanjing Sciyon Wisdom Technology Group Co.Ltd(002380) announced that the maturity date of Shanghai Pudong Development Bank Co.Ltd(600000) fixed deposit products of Nantong Branch purchased by Nanjing Keyuan with temporarily idle self owned funds is November 10. As of the announcement date, the company had not received the fund.
According to the inquiry of the company, the fixed deposit of RMB 40 million has been used as the pledge guarantee for the bank acceptance bill issued by Nantong Ruihao International Trade Co., Ltd. on November 10, 2020. Due to the failure of Nantong Ruihao International Trade Co., Ltd. to repay the debt on time, the fixed deposit of RMB 40 million failed to be redeemed in time.
Nanjing Sciyon Wisdom Technology Group Co.Ltd(002380) said in the announcement that the company had no knowledge of the pledge and had clearly required Shanghai Pudong Development Bank Co.Ltd(600000) Nantong Branch to issue effective supporting materials.
As of the announcement date, the total amount of time deposits purchased by Nanjing Keyuan in Shanghai Pudong Development Bank Co.Ltd(600000) Nantong Branch was 345 million yuan, and the amount of pledged status displayed before maturity was 255 million yuan.
After 19 trading days, that is, on the evening of December 10, Nanjing Sciyon Wisdom Technology Group Co.Ltd(002380) announced again that two fixed deposit products totaling 120 million yuan in Shanghai Pudong Development Bank Co.Ltd(600000) Nantong Branch of Nanjing Keyuan had not arrived at the account due.
Source: Announcement
Nanjing Sciyon Wisdom Technology Group Co.Ltd(002380) said that as of the announcement date, the case was still in the investigation stage. Shanghai Pudong Development Bank Co.Ltd(600000) said that the certificate of deposit pledged by Nanjing Keyuan in Shanghai Pudong Development Bank Co.Ltd(600000) had been retrieved and controlled by the public security organ according to law.
supervision pays attention to financial management
Nanjing Sciyon Wisdom Technology Group Co.Ltd(002380) after the announcement that fixed deposit products failed to be redeemed at maturity was disclosed for the first time on November 15, its financial management attracted the attention of Shenzhen Stock Exchange.
The attention letter of Shenzhen Stock Exchange on November 17 asked Nanjing Sciyon Wisdom Technology Group Co.Ltd(002380) to explain the specific situation of the pledge of financial products in Shanghai Pudong Development Bank Co.Ltd(600000) Nantong Branch, including but not limited to the pledge reason, guarantee object, pledge time, whether the pledge procedures are complete, etc.
The reply letter on November 24 showed that several deposits of Nanjing Sciyon Wisdom Technology Group Co.Ltd(002380) in Shanghai Pudong Development Bank Co.Ltd(600000) Nantong Branch were pledged to Nantong Ruihao International Trade Co., Ltd. and Churong (Nantong) material technology Co., Ltd. for the purpose of issuing bank acceptance bills.
Source: Announcement
Nanjing Sciyon Wisdom Technology Group Co.Ltd(002380) said in the reply that the company had not handled pledge business in Shanghai Pudong Development Bank Co.Ltd(600000) Nantong Branch. Through self inspection, the current directors, supervisors, senior managers and more than 5% of the shareholders of the company said they were unaware of the pledge of the relevant deposits of the above company, and had no relationship with Nantong Ruihao International Trade Co., Ltd. and Churong (Nantong) material technology Co., Ltd.
Nanjing Sciyon Wisdom Technology Group Co.Ltd(002380) in the reply letter on the evening of November 24, it also said that as of the end of the third quarter, the company held 476 million yuan of monetary capital. The impact of this event on the company's monetary capital is 295 million yuan. After deducting this part of funds, the company still has sufficient capital reserves and financing and operational research capacity.
advance recovery of fixed deposit of RMB 50 million
Why spend a lot of money on financial management? Nanjing Sciyon Wisdom Technology Group Co.Ltd(002380) it was previously announced that "in order to improve the efficiency of the company's short-term capital use and make rational use of idle funds".
The announcement on April 24 disclosed that the board of directors agreed that the company would use no more than 300 million yuan of its own funds to invest in financial products with controllable risk and high liquidity, and use no more than 800 million yuan of idle raised funds to invest in short-term principal guaranteed financial products. Within the above limit, the funds can be used on a rolling basis.
Nanjing Sciyon Wisdom Technology Group Co.Ltd(002380) the announcement on the evening of December 10 showed that the funds for eight products and four products came from fund-raising. However, the overall rate of return is not high. Among them, the rate of return on four fixed deposits is 2.25%, and the rate of return on four fixed deposits is 2.13%.
China Securities Journal · China Securities Taurus reporter noted that after the announcement on November 15, the company has recovered two fixed deposits of 50 million yuan in total without pledge in advance.
Source: Announcement
(China Securities Journal)
