Securities code: V V Food & Beverage Co.Ltd(600300) securities abbreviation: St Weiwei Announcement No.: pro 2022009 V V Food & Beverage Co.Ltd(600300)
Announcement on write off of bad debts
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
V V Food & Beverage Co.Ltd(600300) (hereinafter referred to as "the company") held the 7th Meeting of the 8th board of directors on March 3, 2022, deliberated and adopted the proposal on the treatment of bad debts of the company. According to the relevant provisions of the stock listing rules of Shanghai Stock Exchange and the articles of association, the write off of bad debts does not need to be submitted to the general meeting of shareholders for approval. The specific contents of this write off of bad debts are announced as follows:
1、 Write off of bad debts
In accordance with the accounting standards for business enterprises, the articles of association and other relevant provisions, in order to truly reflect the company's financial situation, the company has written off three accounts receivable with a total amount of 1263818327 yuan that have fully accrued bad debt reserves and failed to recover as of December 31, 2021 in accordance with the principles of legal compliance, standardized operation, examination and approval one by one and account cancellation. After the write off, the finance department and the corresponding department of the company will establish the written off receivables for audit and continue to make full recovery.
2、 Impact of bad debt write off on the company
For the bad debts written off this time, the company has made full provision for bad debts in previous years, which will not affect the company's profit and loss in 2021 and previous years. The write off of bad debts truly reflects the financial situation of the enterprise, meets the requirements of accounting standards for business enterprises and relevant policies, conforms to the actual situation of the company, does not involve related parties of the company, and does not damage the interests of the company and shareholders. Its decision-making procedures also comply with the provisions of relevant laws and regulations and the articles of association.
3、 Opinions of independent directors
After verification, the company has sufficient basis for the write off of bad debts, standardized decision-making procedures, in line with the accounting standards for business enterprises, the articles of association and other relevant provisions, can truly reflect the company's financial status and operating results, in line with the overall interests of the company, and does not damage the legitimate rights and interests of minority shareholders. We agree to the write off of bad debts.
4、 Opinions of the board of supervisors
Opinions of the board of supervisors of the company: according to the accounting standards for business enterprises and other relevant provisions, and carefully check the situation of the company's bad debts written off this time, it is considered that the bad debts written off this time meet the requirements of relevant laws and regulations, meet the real financial situation of the company, do not involve the company's related parties, and do not harm the interests of the company and shareholders. The resolution procedure of the company's board of directors on the write off of bad debts is legal, based on sufficient basis and in line with the actual situation of the company.
5、 Documents for future reference
1. Resolutions of the 7th Meeting of the 8th board of directors of the company;
2. Resolutions of the 7th Meeting of the 8th board of supervisors of the company;
3. Independent opinions of independent directors on matters related to the seventh meeting of the eighth board of directors.
It is hereby announced.
V V Food & Beverage Co.Ltd(600300) board of directors
March 5, 2002
