Securities code: 000159 securities abbreviation: Xinjiang International Industry Co.Ltd(000159) Announcement No.: 2021-70
Xinjiang International Industry Co.Ltd(000159)
Supplementary announcement on freezing of some bank accounts
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.
On December 22, 2021, Xinjiang International Industry Co.Ltd(000159) (hereinafter referred to as “the company”) learned that some bank accounts of the company had been frozen. The company issued the announcement on freezing some bank accounts (No.: 2021-68) on December 23, and now further explains the bank account freezing and its reasons:
1、 Account freeze reason
On March 24, 2021, the company signed the equity transfer contract with Xuzhou suling Building Materials Trading Co., Ltd. and natural person Zhou Zhongmin after deliberation and approval at the first extraordinary general meeting of shareholders in 2021, and transferred 80% of the shares of Jiangsu Zhongda Tower Technology Development Co., Ltd. held by the two shareholders, with a transaction price of 1 billion yuan, and the company has paid 795 million yuan in total. As both parties still have some disputes over the performance of the contract, the remaining part of the payment has not been paid. It is understood that the freezing of some bank accounts of the company is caused by the pre litigation preservation filed by Xuzhou suling Building Materials Trading Co., Ltd. to the court, and the court freezing document has not been received at present.
2、 Freezing of some bank accounts
On December 22, 2021, through bank inquiry, the company found that seven bank accounts opened by the company in China Construction Bank Corporation(601939) Xinjiang Uygur Autonomous Region branch business department, Urumqi bank Huanghe Road sub branch and other banks were preserved by Pizhou people’s court before litigation, resulting in the freezing of some of our bank accounts since December 21, 2021.
As of the date of this announcement, the company and its holding subsidiaries have a total of 71 bank accounts and 7 frozen accounts this time, including one basic account and six general accounts, which are all accounts of the parent company. The frozen accounts account for a small proportion of all accounts and will not affect the normal fund collection and payment of the company.
As of December 22, 2021, the account capital balance of the company and its holding subsidiaries was 97.4268 million yuan, and the total account capital frozen this time was 12.9203 million yuan. The frozen amount accounts for 13.26% of the company’s account capital balance, and the frozen amount accounts for 0.58% of the company’s latest audited net assets, which will not affect the company’s fund collection and payment and normal business activities. 3、 Impact on the company and Solutions
In conclusion, some of the above frozen bank accounts do not belong to the company’s main accounts, will not affect the company’s normal production and operation activities, and do not belong to the frozen items of main bank accounts specified in the stock listing rules.
The company will solve the freezing of the above bank accounts as soon as possible and fulfill the obligation of information disclosure in time according to the follow-up progress.
It is hereby announced.
Xinjiang International Industry Co.Ltd(000159) board of directors
December 24, 2021
