Securities code: 002137 securities abbreviation: Shenzhen Sea Star Technology Co.Ltd(002137) Announcement No.: 2021-074 Shenzhen Sea Star Technology Co.Ltd(002137)
Announcement on progress of subsidiaries receiving compensation
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.
1、 Overview of the situation
Shenzhen Sea Star Technology Co.Ltd(002137) (hereinafter referred to as “the company”) convened the 18th meeting of the 6th board of directors on November 16, 2021, deliberated and adopted the proposal on signing expropriation compensation agreement by subsidiaries Due to the need of the people’s Government of Xinwu District of Wuxi City to implement the reconstruction project of the old urban area of Zhanqian business district, in order to actively cooperate with the land acquisition and relocation work, It is agreed that Wuxi Yixi Electronics Co., Ltd., the holding subsidiary of the company (hereinafter referred to as “Wuxi Yixi”) and Wangzhuang sub district office of Wuxi Xinwu District People’s government sign the compensation agreement for expropriation of non residential houses on state owned land in Wuxi Xinwu district (hereinafter referred to as “compensation agreement”) ）。 According to the agreement, the compensation for the use right of state-owned land, non residential houses, decoration, appurtenances, production and business suspension losses, non relocatable equipment and relocation losses involved in this expropriation amounted to 129.8018 million yuan. As of October 31, 2021, The book value involved in the above subject matter is 24.2162 million yuan (Unaudited). For details, please refer to the announcement on the signing of expropriation compensation agreement by subsidiaries (Announcement No.: 2021-058) and the announcement on the progress of subsidiaries receiving expropriation compensation published in the securities times and cninfo.com on November 17, 2021 and December 16, 2021 (Announcement No.: 2021-071).
2、 Receipt of collection compensation
Wuxi Yixi received the partial compensation of 31920720.80 yuan involved in the compensation agreement on December 24, 2021. Up to now, 51920720.80 yuan of the first phase of compensation as agreed in the compensation agreement has been fully paid. The collected compensation will increase the company’s cash flow and have a positive impact on the company’s main financial indicators. The company will conduct accounting treatment for the above compensation in accordance with the relevant provisions of the accounting standards for business enterprises. The specific accounting treatment shall be subject to the results confirmed by the annual audit of the accounting firm. The company will pay close attention to the progress of the matter and timely perform the obligation of information disclosure in accordance with the requirements of relevant laws and regulations. Please make careful decisions and pay attention to investment risks.
It is hereby announced.
Shenzhen Sea Star Technology Co.Ltd(002137) board of directors
December 27, 2021
