Securities code: Yunnan Metropolitan Real Estate Development Co.Ltd(600239) securities abbreviation: ST Yuncheng Announcement No.: Lin 2022014 Yunnan Metropolitan Real Estate Development Co.Ltd(600239)
Announcement on the freezing and reconciliation of controlling shareholders’ shares
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.
Important content tips:
As of the disclosure date of this announcement, Yunnan Metropolitan Real Estate Development Co.Ltd(600239) (hereinafter referred to as “the company”) controlling shareholder Yunnan kanglv Holding Group Co., Ltd. (hereinafter referred to as “kanglv group”) holds 640150575 shares of the company’s non tradable shares, accounting for 39.87% of the company’s total share capital.
The number of shares of kanglv group frozen by the judiciary this time is 299813275, accounting for 46.83% of its shares and 18.67% of the total share capital of the company; Kanglv group has 20337300 judicially marked shares, accounting for 3.18% of its shares and 1.27% of the total share capital of the company. Please pay attention to the investment risks.
This matter will not lead to the change of the control right of the company and will not affect the normal production and operation of the company.
1、 The share freeze
Recently, the company received the notification letter from the controlling shareholder kanglv group, informing the company that kanglv group provided full joint and several liability guarantee for the financing of Bank of communications Financial Leasing Co., Ltd. (hereinafter referred to as “Bank of communications leasing”) for Ningbo Yintai Real Estate Co., Ltd. (hereinafter referred to as “Ningbo Yintai”), a holding subsidiary of the company, Due to the financial leasing contract dispute between Ningbo Yintai and bocom leasing, BOCOM leasing applied to the Shanghai financial court for freezing the company’s shares held by kanglv group.
Whether it accounts for the frozen shares of the company
In order to control the number of frozen shares, whether the total shares held by shareholders are frozen or not, the proportion of name shares (shares) is limited to the starting date of sale, the expiration date of the applicant’s reason for holding East shares
Bocom finance kanglv is 29981327546.83% 18.67% no 2022.3.1 2025.2.28 leasing limited leasing group liability company contract dispute
2、 Overdue debt and credit rating
1. Within the last year, kanglv group has no overdue debts; There is a situation that the credit rating of the subject and the debt is lowered. 2. As of September 30, 2021, the short-term debt of kanglv group at the end of the same period was about 55.6 billion yuan. Relying on its own operation and quality improvement, asset revitalization and strong government support, kanglv group has maintained a strong rigid debt cashing ability.
3. At present, kanglv Group operates normally and has the ability to repay funds. There are no cases that infringe on the interests of the company such as non operating fund occupation and illegal guarantee.
3、 Litigation or arbitration of kanglv group
At present, kanglv group has no major litigation or arbitration involving debt issues.
4、 Impact of this share freeze on the company
The two parties have reached a memorandum of reconciliation on March 4, 2022, and strive to properly handle the disputes over the financial leasing contract as soon as possible. This matter will not lead to the change of the company’s control and will not affect the normal operation and management of the company. It is hereby announced.
Yunnan Metropolitan Real Estate Development Co.Ltd(600239) board of directors March 5, 2022
