55 million yuan of goods damaged due to fire in cooperative warehouse Bear Electric Appliance Co.Ltd(002959) emergency deployment of inventory products

On the afternoon of April 5, Bear Electric Appliance Co.Ltd(002959) ( Bear Electric Appliance Co.Ltd(002959) , SZ) announced that at about 9:40 on April 1, a fire broke out in the company’s cooperative warehouse Hunan Zhongcang Supply Chain Management Co., Ltd. (hereinafter referred to as Zhongcang supply chain), resulting in the damage of Bear Electric Appliance Co.Ltd(002959) ‘s inventory. The warehouse where the fire accident occurred is located in the comprehensive bonded zone of Jiuhua Economic Development Zone, Xiangtan City, Hunan Province.

The fire did not cause any casualties. At present, the cause of the fire accident is under investigation and verification Bear Electric Appliance Co.Ltd(002959) in the announcement, Zhongcang supply chain has insured property insurance from the insurance company, the insurance company has accepted it, and the fire loss is being assessed. Zhongcang supply chain promises to be fully liable for the losses incurred by Bear Electric Appliance Co.Ltd(002959) in this accident.

According to preliminary statistics, Bear Electric Appliance Co.Ltd(002959) entrusted the Zhongcang supply chain to keep and provide delivery services, and the value of damaged goods is about 55 million yuan. Through the emergency deployment of inventory products, the company makes this fire accident have little impact on the recent sales and delivery Bear Electric Appliance Co.Ltd(002959) stressed that the fire accident did not affect the normal production and operation of the company. At present, all businesses of the company are carried out normally. The company will start relevant claim and claim settlement procedures, and urge third-party service providers to strengthen safety management to prevent similar accidents from happening again.

Qixinbao shows that Zhongcang supply chain was established in 2019, with a registered capital of 90 million yuan and a legal representative of Tang Xiaoming. Tang Xiaoming is also the actual controller, with a shareholding ratio of 83%. On December 24, 2020, the registered capital of Zhongcang supply chain increased from 20 million yuan to 80 million yuan. On March 4 this year, the registered capital was changed from 80 million yuan to 90 million yuan.

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