Stock Code: Jiangsu Chengxing Phosph-Chemical Co.Ltd(600078) stock abbreviation: ST Chengxing No.: pro 2022058
Jiangsu Chengxing Phosph-Chemical Co.Ltd(600078) about the company and wholly-owned
Signed by subsidiary Jiangyin Chengxing Daily Chemical Co., Ltd
Announcement on the progress of the relocation compensation agreement
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. 1、 Basic information
On June 9, 2020, Jiangsu Chengxing Phosph-Chemical Co.Ltd(600078) , Jiangyin Chengxing Daily Chemical Co., Ltd., the controlling shareholder Jiangyin Chengxing Industrial Group Co., Ltd The thermal power plant of the affiliated enterprise Jiangyin Chengxing Industrial Group Co., Ltd. and Jiangyin land reserve center (hereinafter referred to as the "land reserve center") signed the general agreement on enterprise relocation compensation for No. 618 Meiyuan street, No. 23-25 Xiejing road and No. 27 Xiejing Road, Chengjiang street, Jiangyin City (hereinafter referred to as the "general agreement"), with a land area of 403161 square meters, The area of the house with certificate is 2499739 square meters. The area of the house without certificate is subject to the area officially measured by the appraisal company on June 30, 2020 and approved by Jiangyin Audit Bureau, The total compensation price is estimated to be 151185 million yuan (the final compensation result and distribution scheme shall be subject to the formal evaluation report and the price approved by the municipal government) (see announcement: pro 2020030 for details). 2、 Progress
On March 14, 2022, Jiangsu Chengxing Phosph-Chemical Co.Ltd(600078) , Jiangyin Chengxing Daily Chemical Co., Ltd. (hereinafter referred to as "the company") and the soil storage center signed the compensation agreement for enterprise withdrawal and relocation at No. 618 Meiyuan street, Chengjiang street, Jiangyin City, No. 23-25 Xiejing road and No. 27 Xiejing Road (hereinafter referred to as "the agreement"), and now the main contents of the agreement and the progress of relocation are disclosed as follows:
1. The appraisal base date is adjusted to March 15, 2021
2. The area of unlicensed houses is 21048336 square meters
3. Relocation compensation: 13370975600 yuan
4. Payment method and receipt of relocation compensation: the relocation compensation paid to the company by Jiangyin Chengjiang street finance and Assets Administration Bureau entrusted by the soil storage center is 143 million yuan (the company received relocation compensation of 35 million yuan, 35 million yuan, 35 million yuan and 38 million yuan respectively on June 12, June 18, July 16 and August 4, 2020), The company shall pay the earth storage center 7.868 million yuan of interest on the relocation compensation paid in advance by the earth storage center due to the failure to cancel the company's land use certificate (the interest shall be settled until May 31, 2021 and deducted from the relocation compensation of the company). Therefore, the relocation compensation of the company still has 1188909056 yuan left unpaid. The land storage center entrusts the finance and asset administration bureau of Chengjiang street, Jiangyin City to pay the relocation compensation of RMB 226 million to the controlling shareholder Jiangyin Chengxing Industrial Group Co., Ltd. and its affiliated enterprises (including the compensation collected by Chengxing group on December 31, 2020)
The relocation compensation of 150 million yuan returned the company's loan in Bank Of China Limited(601988) Jiangyin branch (150 million yuan) on behalf of the company. There is no significant change between the rest of the agreement and the general agreement.
The first and the ninth extraordinary general meetings of the board of directors of the 14th and the 21st session of the board of directors of the company in 2020 have fully authorized the relocation of the company, and all the matters mentioned above have been approved by the first and 21st extraordinary general meetings of the board of directors of the company. The independent directors of the company expressed their independent opinions on the relocation of the above-mentioned enterprises. 3、 Impact on the company
Up to now, the contents of the agreement have no significant impact on the financial data of the company's 2021 annual report, and the specific data are finally subject to the financial report data audited by the annual audit accountant.
Up to now, the site selection and formal relocation plan of the company's new plant have not been determined, and there is great uncertainty about the relocation progress. The company is speeding up the formulation of relevant relocation plans. The companies involved in the relocation will not move until the new factory is officially completed and put into operation, which will not affect the daily production and operation of the company.
The company will pay close attention to the relevant progress of subsequent relocation matters and fulfill the obligation of information disclosure in time. Please invest rationally and pay attention to investment risks.
It is hereby announced.
Jiangsu Chengxing Phosph-Chemical Co.Ltd(600078) board of directors
March 16, 2022
