Stock Code: Jiangsu Azure Corporation(002245) stock abbreviation: Jiangsu Azure Corporation(002245) No.: 2022020 Jiangsu Azure Corporation(002245)
Announcement on write off of bad debts
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.
Jiangsu Azure Corporation(002245) (hereinafter referred to as “the company”) deliberated and adopted the proposal on write off of bad debts at the 25th meeting of the Fifth Board of directors held on March 19, 2022. According to the relevant provisions of the stock listing rules and the articles of association of Shenzhen Stock Exchange, the verification and cancellation of bad debts does not need to be submitted to the general meeting of shareholders for approval. The specific contents of this write off of bad debts are announced as follows:
1、 Write off of bad debts
In accordance with the accounting standards for business enterprises, the articles of association, the Listing Rules of Shenzhen Stock Exchange and other relevant provisions, in order to truly reflect the company’s financial situation, the company has written off five accounts receivable that the company and its subsidiaries have failed to recover as of December 31, 2021, with a total amount of 125846696 yuan, in accordance with the principles of legal compliance, standardized operation, examination and approval one by one and account write off.
After the write off, the finance and business department of the company will establish the written off receivables for audit and continue to make full recovery. 2、 Impact of bad debt write off on the company
The bad debts written off by the company this time have been fully withdrawn, which will not affect the profits and losses of the company in 2021 and previous years. The write off of bad debts truly reflects the financial situation of the enterprise, meets the requirements of accounting standards and relevant policies, conforms to the actual situation of the company, does not involve related parties of the company, and does not damage the interests of the company and shareholders. Its voting procedures comply with the provisions of relevant laws and regulations and the articles of association of the company.
3、 Opinions of the board of directors
The board of directors of the company believes that the write off of bad debts complies with the accounting standards for business enterprises and relevant regulations, which helps to provide investors with more authentic, reliable and accurate accounting information. The written off accounts receivable have gone through judicial procedures, and the other party has no property available for execution. The basis for write off is sufficient. The bad debts of accounts receivable written off this time do not involve related parties of the company, and the review procedures comply with relevant laws and regulations and the articles of association, It is agreed that the company will write off bad debts this time.
4、 Opinions of the board of supervisors
In accordance with the accounting standards for business enterprises, the notice on further improving the quality of financial information disclosure of listed companies and other relevant provisions, the board of supervisors carefully verified the company’s write off of bad debts this time. After review, the members of the board of supervisors agreed that the write off of bad debts met the accounting standards for business enterprises and relevant regulations, helped to provide investors with more authentic, reliable and accurate accounting information, and did not involve the company’s related parties. The resolution procedure of the board of directors on the write off of bad debts was legal and based on sufficient basis, and agreed with the company’s write off of bad debts.
5、 Opinions of independent directors
The bad debts written off by the company this time do not involve the company’s related parties;
The company has fully accrued bad debt reserves in strict accordance with relevant laws and regulations and financial systems, and the write off will not have an impact on the company’s profit and loss in 2021 and previous years;
The bad debts written off by the company this time fairly reflect the financial status and operating results of the company, without damaging the interests of the company and shareholders. The approval procedures comply with the provisions of relevant laws and regulations and the articles of association. As an independent director of the company, we agree to the above disposal plan.
6、 Documents for future reference
1. Resolutions of the 25th meeting of the 5th board of directors of the company;
2. Resolution of the 21st Meeting of the 5th board of supervisors of the company.
It is hereby announced.
Jiangsu Azure Corporation(002245) board of directors March 22, 2002
