On June 6, Lingda Group Co.Ltd(300125) received the inquiry letter issued by the Shenzhen Stock Exchange, saying that recently, the company paid attention to a series of situations in the post review of the company’s 2021 annual report and asked the company to explain it.
According to the contents of the inquiry letter, during the reporting period, the company achieved an operating revenue of 1.051 billion yuan, an increase of 272.4% year-on-year, mainly due to the acquisition of Cecep Solar Energy Co.Ltd(000591) battery business incorporated by “Jiayue new energy” in October 2020, and the revenue of 976 million yuan was recognized in the reporting period; The company realized a net profit attributable to shareholders of listed companies (hereinafter referred to as “net profit”) – 73 million yuan, mainly because the gross profit margin of Cecep Solar Energy Co.Ltd(000591) battery business fell sharply to – 1.27%. The inquiry letter requires the company to specify the reasons for the sharp decline and negative gross profit margin of Jiayue new energy Cecep Solar Energy Co.Ltd(000591) battery business in the reporting period, and the trend and rationality of changes in operating revenue and gross profit margin in each quarter of the past three years.
In addition, at the end of the reporting period, the balance of prepayments of the company was 111 million yuan, with a significant year-on-year increase of 153.78%, of which the top five ending balances collected by prepayment objects accounted for 93.73%. The inquiry letter requires the company to supplement the name, prepayment amount, causes and rationality of the top five prepayment objects. The inquiry letter also requires the company to supplement the reasons and rationality of the company’s high procurement and sales concentration, and whether there is a risk of significant dependence on a single supplier and customer. The inquiry letter also requires the company to explain whether the company has liquidity risk and Countermeasures in combination with the debt due in the next year, debt repayment arrangement, investment and financing plan and net cash flow from operating activities.
During the reporting period, the number of R & D personnel of the company decreased by 12.95% year-on-year, and the R & D investment increased by 180.31% year-on-year. The inquiry letter requires the company to explain the reasons and rationality of the inconsistency between the R & D expenses and the number of R & D personnel. At the same time, in combination with the technical route of Jiayue new energy, the difference with other mainstream products, the composition and division of technicians, explain whether the personnel change after the equity transaction will have an adverse impact on its production and operation, and the measures the company has taken or plans to take to maintain the stability of the core team.
