Securities code: China Merchants Energy Shipping Co.Ltd(601872) securities abbreviation: China Merchants Energy Shipping Co.Ltd(601872) Announcement No.: 2022 [016] China Merchants Energy Shipping Co.Ltd(601872)
Announcement on the interim profit and loss of cash acquisition of 100% equity of Sinotrans Container Transportation Co., Ltd. and related party transactions
The board of directors and 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.
China Merchants Energy Shipping Co.Ltd(601872) (hereinafter referred to as "the company") has acquired 100% equity of Sinotrans Container Transportation Co., Ltd. (hereinafter referred to as "Sinotrans container transportation" and "target company") held by China Economic and trade Shipping Co., Ltd. (hereinafter referred to as "economic and trade shipping" and "counterparty") by cash payment, which has been deliberated and approved by the first extraordinary general meeting of shareholders of the company in 2021 and has completed asset delivery (unless otherwise specified, the relevant abbreviations in this announcement and the company were published on the website of Shanghai Stock Exchange (www.sse. Com. CN.) on October 30, 2021.) The relevant abbreviations in China Merchants Energy Shipping Co.Ltd(601872) announcement on cash acquisition of 100% equity of Sinotrans Container Transportation Co., Ltd. and related party transactions are the same).
According to the agreement on equity transfer signed by the company and economic and trade shipping: "both parties agree and confirm (1) If the target company achieves profit or net asset increase during the transition period, the profit part or net asset increase part shall be owned by the listed company; If the target company reduces its net assets due to loss or other reasons during the transition period, the transferor shall compensate the listed company in cash within 30 working days from the date of issuing the audit report on the target company's profit and loss during the transition period. (2) In order to determine the profit and loss of the target company during the transition period, an audit institution with securities practice qualification determined by the listed company shall audit the profit and loss of the target company during the transition period and issue an audit report within 2 months after the delivery date. In order to determine the above-mentioned profit and loss amount, both parties agree that if the delivery date is before the 15th (inclusive) of the current month, the deadline of profit and loss audit during the transition period is the end of the previous month; If the delivery date is after the 15th of the current month, the deadline of profit and loss audit during the transition period is "the end of the current month". Accordingly, the transition period of this transaction is from September 1, 2021 to December 31, 2021.
According to the above agreement, the company hired ShineWing Certified Public Accountants (special general partnership) Zhengzhou branch to conduct a special audit on the profit and loss during the transition period of asset delivery, and issued the special audit report on the profit and loss during the transition period of asset delivery of Sinotrans Container Transportation Co., Ltd. (xyzh / 2022zzaa50112). According to the special audit report, the target assets achieved an operating income of 230443629622 yuan, a total profit of 97340568985 yuan and a net profit of 73710885175 yuan during the transition period. There was no loss, and the counterparty's economic, trade and shipping did not need to bear the liability for compensation; The above income generated by the subject company during the transition period belongs to the company.
It is hereby announced.
China Merchants Energy Shipping Co.Ltd(601872) board of directors March 28, 2022
