On the evening of December 29, Ningbo Sunlight Electrical Appliance Co.Ltd(002473) (002473, SZ) announced that the related parties Shenzhen Shengrong Industry Co., Ltd. (hereinafter referred to as Shengrong industry) and Huang YANGSEN donated their 100% equity of Mercer construction (Shenzhen) Co., Ltd. (hereinafter referred to as Mercer construction) to the listed company free of charge without any conditions and obligations.
Mercer construction was established on September 25, 2020. The general business project is construction labor subcontracting. In 2020, Ningbo Sunlight Electrical Appliance Co.Ltd(002473) after selling the small household appliance business with serious losses, the main business is facing the lack of business. In the first quarter of 2021, there was once no operating income, and the China Daily News disclosed that it began to engage in the production and sales of complete sets of electrical equipment for power transmission and distribution and steel trade.
This time, Ningbo Sunlight Electrical Appliance Co.Ltd(002473) received Mercer construction with construction labor subcontracting qualification, will it bring changes to the listed company?
complimentary Mercer construction
In October 2021, the shareholders of Ningbo Sunlight Electrical Appliance Co.Ltd(002473) Shenzhen intercontinental Commerce Investment Co., Ltd. (hereinafter referred to as intercontinental commerce), Tibet shengxinchuang Asset Management Co., Ltd. (hereinafter referred to as shengxinchuang) and Shenzhen Baotong Technology Co., Ltd. (hereinafter referred to as Baotong Technology) signed the share transfer agreement, which agreed that intercontinental commerce and shengxinchuang would respectively transfer their 25 million shares 15 million shares of listed companies were transferred to Baotong technology.
After the transfer of the above shares, Baotong technology will become the largest shareholder of the listed company, Huang YANGSEN, the actual controller of Baotong technology, will become the actual controller of the listed company, and Shengrong industry is an enterprise under the same control of Huang YANGSEN .
Shengrong industry and Huang YANGSEN respectively donated 98% and 2% of the equity of Mercer construction to Ningbo Sunlight Electrical Appliance Co.Ltd(002473) . This donation does not involve the treatment of creditor’s rights and debts, personnel rearrangement or employee resettlement. The labor relationship between Mercer construction and its employees remains unchanged. After the transfer is completed, Mercer construction will become a wholly-owned subsidiary of the listed company.
It is worth mentioning that Mercer construction was established on September 25, 2020. Its operating revenue in 2020 and 2021 was 0 yuan. As of December 27, Mercer construction had total assets of 330 yuan and net assets of – 670 yuan.
Ningbo Sunlight Electrical Appliance Co.Ltd(002473) said that Mercer construction has safety production license, construction enterprise qualification and other certificates. After receiving the assets, the company can further supplement and improve its business qualification and business development in new areas. The gift is not attached with any conditions and obligations. The gift is conducive to further improving the company’s business qualification, business development in new directions and new regions, enhancing the company’s sustainable development ability, and there is no damage to the interests of the company and all shareholders.
recently received a regulatory reminder
Ningbo Sunlight Electrical Appliance Co.Ltd(002473) its own business problems have been troublesome. According to the 2020 annual report of listed companies, Ningbo Sunlight Electrical Appliance Co.Ltd(002473) said that affected by the macro economy, the company has encountered unprecedented difficulties, and the company is facing huge litigation, shortage of funds, lack of main business and other problems.
Ningbo Sunlight Electrical Appliance Co.Ltd(002473) after selling the small household appliance business with serious losses, it has been exploring new businesses. The main business was basically stopped in 2020. In that year, it only realized an operating revenue of 1.905 million yuan, a decrease of 97.99% over the same period of last year, and the net profit attributable to shareholders of the listed company was about – 183 million yuan, an increase of 41.71% over the same period of last year.
In the first quarter of 2021, Ningbo Sunlight Electrical Appliance Co.Ltd(002473) realized an operating revenue of 0 yuan and a net profit attributable to the parent company of -4312000 yuan.
In the 2021 semi annual report, Ningbo Sunlight Electrical Appliance Co.Ltd(002473) seems to have finally found a way to save itself. Its new business is the production and sales of complete sets of electrical equipment for power transmission and distribution and steel trade. The electrical equipment is mainly various distribution boxes below 35KV. This kind of equipment is generally customized products and mainly cooperates with Shanghai Haibin Electric Co., Ltd. During the reporting period, the operating income was 5.9559 million yuan and the net profit attributable to the parent company was -35.8182 million yuan. In the third quarter of 2021, the operating income was 42.2929 million yuan and the net profit attributable to the parent company was – 36.7088 million yuan.
In addition, according to the announcement on the evening of December 24, Ningbo Sunlight Electrical Appliance Co.Ltd(002473) received the supervision prompt letter from Ningbo securities regulatory bureau, requiring listed companies to timely complete the selection and employment of audit institutions in 2021 and orderly promote the audit of annual reports; Carefully demonstrate the financial situation in 2021, ensure the compliance, authenticity, accuracy and integrity of the recognition of operating revenue and non recurring profits and losses, and avoid avoiding the implementation of the listing rules by adjusting revenue or non recurring profits and losses; Urge the controlling shareholders of the company and their related parties to repay the company’s funds occupied as soon as possible, and effectively protect the legitimate rights and interests of investors.
On December 29, Ningbo Sunlight Electrical Appliance Co.Ltd(002473) shares fell 5.03% from the previous trading day to close at 11.15 yuan / share.
(Daily Economic News)
