On March 15, St chaoxun disclosed that the risk of illegal guarantee of the company’s shareholders has been lifted, and the company has applied to the Shanghai Stock Exchange to revoke the warning of other risks of the company’s shares.
According to the retrospective announcement, St chaoxun disclosed on February 7 that the legal representative / Chairman / Executive Director of the company’s holding subsidiary Sangrui electronics and its wholly-owned subsidiary Minsheng intelligent Meng fanding, without any authorization from the company, In the name of Sangrui electronics and Minsheng intelligence, it privately provided illegal guarantees for Diaobingshan Hongding Taisong Real Estate Development Co., Ltd. controlled by it and Diaobingshan Shuntong Coal Industry Co., Ltd. controlled by its related parties, totaling about 421 million yuan, accounting for about 100.09% of the company’s audited net assets in 2020. Due to the illegal guarantee, the company was warned of other risks. The trading of the company’s shares was suspended for one day on February 8 and changed to St chaoxun from February 9.
At that time, in response to the reporter of Shanghai Securities News, St chaoxun said that after identification, the official seal stamped in the above guarantee contract was inconsistent with the company’s legal filing official seal. According to the relevant provisions of the civil code, the above guarantee is invalid. With regard to the illegal guarantee of shareholders, the company has adjusted the personnel of important positions of Sangrui electronics and Minsheng intelligence, and has taken measures to safeguard the interests of all shareholders.
As the person responsible for the above illegal guarantee matters, based on the impact of his own illegal behavior on the company and its subsidiaries, Meng fanding voluntarily resigned from the legal representative, chairman / Executive Director / general manager of Sangrui electronics and Minsheng intelligence to the company on January 27.
St chaoxun disclosed on the 15th that Tieling bank Diaobingshan / Hongqi sub branch has reached mediation with Sangrui electronics, Minsheng intelligence and other parties on the illegal guarantee. Neither Sangrui electronics nor Minsheng intelligence need to bear the guarantee responsibility, and the company’s illegal guarantee risk has been successfully lifted.
St chaoxun said that the company began to layout businesses in public utilities, smart logistics, smart energy and other fields four years ago. From the current and social development trends, such a strategic layout is undoubtedly correct. The company stressed that its confidence in promoting the Internet of things business has not been affected. In the future, the company will adhere to the strategic planning, strive to develop IOT technology, improve its position in the field of new generation information technology and enhance the profitability of listed companies.
