Shenzhen Hopewind Electric Co.Ltd(603063) (603063, SH), Xiangtan Electric Manufacturing Co.Ltd(600416) (600416, SH) two carbon neutralization concept stocks have entered a “dead knock” state.
According to Xiangtan Electric Manufacturing Co.Ltd(600416) 12-28 disclosure, part of the company’s bank account funds were frozen by the court. The freeze stems from Xiangtan Electric Manufacturing Co.Ltd(600416) falling into a lawsuit dispute with Shenzhen Hopewind Electric Co.Ltd(603063) . According to Shenzhen Hopewind Electric Co.Ltd(603063) , Xiangtan Electric Manufacturing Co.Ltd(600416) has defaulted on its payment of nearly 20 million yuan.
Shenzhen Hopewind Electric Co.Ltd(603063) sue to freeze Xiangtan Electric Manufacturing Co.Ltd(600416) funds
Xiangtan Electric Manufacturing Co.Ltd(600416) announced that the company recently learned that some bank account funds were frozen by the court. The amount frozen by the court was 18.7818 million yuan. As of the disclosure date of this announcement, the accumulated frozen amount was 21.0982 million yuan, involving Xiangtan Electric Manufacturing Co.Ltd(600416) 4 bank accounts. Xiangtan Electric Manufacturing Co.Ltd(600416) said that the company had not received the formal legal document or notice from the court. After the implementation between the company and Shenzhen Futian District Court, the funds in the company’s bank account were frozen, which was caused by the dispute over the sales contract between Shenzhen Hopewind Electric Co.Ltd(603063) and the company.
Previously, Xiangtan Electric Manufacturing Co.Ltd(600416) disclosed on December 22 that Shenzhen Hopewind Electric Co.Ltd(603063) sued that it had signed several sales contracts with the company from 2017 to 2019. The sales contract agreed that Shenzhen Hopewind Electric Co.Ltd(603063) would sell converters and other products to the company, and the company would pay for Shenzhen Hopewind Electric Co.Ltd(603063) . The total amount of converter products purchased by the company was 85.3416 million yuan. Shenzhen Hopewind Electric Co.Ltd(603063) believes that Xiangtan Electric Manufacturing Co.Ltd(600416) has a total amount of 18.7818 million yuan unpaid. In addition to the payment due, Shenzhen Hopewind Electric Co.Ltd(603063) also claimed liquidated damages and related interest from Xiangtan Electric Manufacturing Co.Ltd(600416) , with a total of 25.094 million yuan.
For Xiangtan Electric Manufacturing Co.Ltd(600416) , the prosecution of Shenzhen Hopewind Electric Co.Ltd(603063) will not hurt the muscles and bones. Xiangtan Electric Manufacturing Co.Ltd(600416) said that its latest audited monetary capital was 930 million yuan. The total amount of frozen funds in some bank accounts of the company accounted for about 2.27%, so the matter will not have a significant impact on the normal operation of the company.
the performance of the two bull stocks fell one after another this year
Both Shenzhen Hopewind Electric Co.Ltd(603063) and Xiangtan Electric Manufacturing Co.Ltd(600416) wear the concept of carbon neutralization. The main products of Shenzhen Hopewind Electric Co.Ltd(603063) include medium and small power converters, megawatt low-voltage converters, IGCT medium voltage converters and cascade medium voltage converters; Xiangtan Electric Manufacturing Co.Ltd(600416) is one of the largest motor manufacturers in China.
The reporter of the daily economic news noted that being sued by Shenzhen Hopewind Electric Co.Ltd(603063) may be a historical problem caused by Xiangtan Electric Manufacturing Co.Ltd(600416) stripping the wind turbine business.
In July 2020, Xiangtan Electric Manufacturing Co.Ltd(600416) completed the equity sale of Xiangdian wind energy, a wholly-owned subsidiary, and realized the stripping of the loss making complete wind power business segment. Wind power converter is one of the core products of Shenzhen Hopewind Electric Co.Ltd(603063) .
Benefiting from the concept of carbon neutrality, the stocks of the two companies can be regarded as the current strong stocks of a shares. Among them, Shenzhen Hopewind Electric Co.Ltd(603063) has attracted more market attention recently because of the acquisition of semiconductor assets. However, in terms of operating performance, the two companies in the electrical transmission industry chain are in a state of double decline in revenue and profit. Among them, Shenzhen Hopewind Electric Co.Ltd(603063) the revenue in the first three quarters of this year was 1.283 billion yuan, a year-on-year decrease of 17.03%; The net profit attributable to the parent company was 177 million yuan, a year-on-year decrease of 27.97%. Over the same period, Xiangtan Electric Manufacturing Co.Ltd(600416) had a revenue of 3.010 billion yuan, a year-on-year decrease of 20.08%; The net profit attributable to the parent company was 75.8413 million yuan, a year-on-year decrease of 16.80%.
Qixinbao information shows that Xiangtan Electric Manufacturing Co.Ltd(600416) involves hundreds of judicial cases, and listed companies belong to the identity of defendants or Executees in many lawsuits.
(Daily Economic News)
