Securities code: Shen Zhen Australis Electronic Technology Co.Ltd(300940) securities abbreviation: Shen Zhen Australis Electronic Technology Co.Ltd(300940) Announcement No.: 2022005 Shen Zhen Australis Electronic Technology Co.Ltd(300940)
Announcement on cancellation of subsidiaries
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
Shen Zhen Australis Electronic Technology Co.Ltd(300940) (hereinafter referred to as “the company”) held the fourth meeting of the second board of directors and the fourth meeting of the second board of supervisors on March 15, 2022, deliberated and adopted the proposal on canceling subsidiaries, Agree to liquidate and cancel the subsidiary Xiamen beineng Photoelectric Technology Co., Ltd. (hereinafter referred to as “beineng photoelectric”) and authorize the company’s management to handle relevant liquidation and cancellation matters according to law. The cancellation of subsidiaries is within the approval authority of the board of directors of the company and does not need to be submitted to the general meeting of shareholders for deliberation. This cancellation does not involve related party transactions, nor does it constitute a major asset reorganization. The details are announced as follows: I. Basic information of the cancellation of subsidiaries this time
1. Company name: Xiamen beineng Photoelectric Technology Co., Ltd
2. Unified social credit Code: 9135020677 Shenzhen Kingdom Sci-Tech.Ltd(600446) 3k
3. Registered capital: RMB 15 million
4. Registered address: unit B6, Room 401, No. 16, xinfengsan Road, torch Park, torch hi tech Zone, Xiamen (Rihua International Building)
5. Legal representative: Jiang inventor
6. Date of establishment: July 12, 2005
7. Business scope: development, production and sales of electronic products, electronic components, electromechanical products and photoelectric products
8. Ownership structure: the company holds 100%
9. Main financial data:
Unit: RMB
End of 2020 / year 2020 September 30, 2021 / January September 2021
Total assets 22415889222220374528
Total liabilities 1129509811803223
Net assets 22302938242208571305
Operating income 1761603 75.22
Net profit -28911926 -21722519
Note: the financial data were audited by ShineWing certified public accountants in 2020 and unaudited from January to September 2021.
2、 Reasons for cancellation of subsidiaries
According to the company’s development plan and the actual operation of its subsidiary beineng optoelectronics, the company decided to liquidate and cancel its subsidiary beineng Optoelectronics in order to further integrate resource allocation, optimize internal management structure, reduce management costs and improve overall management efficiency and operating benefits.
3、 Impact of the cancellation of subsidiaries on the company
The cancellation of its subsidiary beineng optoelectronics will not have a substantial impact on the overall business development and profitability of the company, nor will it damage the interests of the company and its shareholders. After this cancellation, the scope of the company’s consolidated financial statements will change accordingly, and baineng optoelectronics will no longer be included in the scope of the company’s consolidated statements.
4、 Review procedures and relevant opinions for implementation
(I) deliberations of the board of directors
On March 15, 2022, the company held the fourth meeting of the second board of directors, deliberated and passed the proposal on canceling subsidiaries. According to the company’s development plan and the actual operation of its subsidiary beineng optoelectronics, in order to further integrate resource allocation, optimize internal management structure, reduce management costs and improve overall management efficiency and operating benefits, Agree to the company’s liquidation and cancellation of its subsidiary beineng optoelectronics, and authorize the company’s management to handle relevant liquidation and cancellation matters according to law.
(II) deliberation of the board of supervisors
On March 15, 2022, the company held the fourth meeting of the second board of supervisors, deliberated and passed the proposal on canceling subsidiaries. According to the company’s development plan and the actual operation of its subsidiary beineng optoelectronics, in order to further integrate resource allocation, optimize internal management structure, reduce management costs and improve overall management efficiency and operating benefits, Agree to liquidate the company and cancel the subsidiary beineng optoelectronics.
5、 Documents for future reference
1. Resolutions of the fourth meeting of the second board of directors;
2. Resolutions of the fourth meeting of the second board of supervisors;
It is hereby announced.
Shen Zhen Australis Electronic Technology Co.Ltd(300940) board of directors March 15, 2022
