Securities code: Shanghai Lisheng Racing Co.Ltd(002858) securities abbreviation: Shanghai Lisheng Racing Co.Ltd(002858) Announcement No.: 2022016 Shanghai Lisheng Racing Co.Ltd(002858)
About the holding subsidiary Shanghai Qingsu event planning Co., Ltd
Announcement on the completion of performance commitments
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.
Shanghai Lisheng Racing Co.Ltd(002858) (hereinafter referred to as the “company”) signed the equity transfer agreement (hereinafter referred to as the “original agreement”) with Yongxin County event enterprise management center, Fangyuan and Shanghai Qingsu event planning Co., Ltd. (hereinafter referred to as the “Qingsu event”) in March 2019. The company agreed to pay 30.6 million yuan with its own funds to purchase 51.00% equity of engine speed event held by Yongxin County event enterprise management center. For details, please refer to the company’s designated information disclosure media and cninfo.com（ http://www.cn.info.com.cn. ）Relevant announcements disclosed on.
According to the original agreement, the net profit attributable to the shareholders of the parent company after deducting non recurring profits and losses promised by engine racing in 2019, 2020 and 2021 shall not be less than 6 million yuan, 6.6 million yuan and 7.26 million yuan respectively, or the net profit attributable to the shareholders of the parent company after deducting non recurring profits and losses accumulated in three fiscal years shall not be less than 19.86 million yuan. The company held the 21st Meeting of the third board of directors and the 15th meeting of the third board of supervisors on April 13, 2021, and the first extraordinary general meeting of shareholders in 2021 on April 30, 2021, which respectively deliberated and approved the proposal on performance commitments of Shanghai Qingsu event planning Co., Ltd., and agreed to sign the supplementary agreement to the equity transfer agreement (hereinafter referred to as the “supplementary agreement”) between the company and Qingsu event, The definition of net profit in the original agreement is revised from “net profit (subject to the net profit attributable to the parent company after deducting non recurring profits and losses)” to “net profit (subject to the net profit attributable to the parent company after deducting other income, investment income, asset disposal income, non operating income and expenditure and income from changes in fair value)”. For details, please refer to the company’s designated information disclosure media and http://www.cn.info.com.cn Relevant announcements disclosed on.
1、 Achievement of performance commitments
After the global covid-19 epidemic broke out in 2020, the events provided by engine speed events were basically suspended, but engine speed events responded positively and made efforts to carry out the export business of epidemic prevention products according to the demand of European epidemic prevention products. In 2019 and 2020, the audited net profit (subject to the net profit attributable to the parent company after deducting non recurring profits and losses) was RMB 116198 million, In 2020, the non recurring profit and loss generated from the sales of epidemic prevention supplies was 3.34 million yuan, and the accumulated audited net profit (revised net profit caliber) in the two fiscal years was 149616 million yuan.
This time, Tianjian Certified Public Accountants (special general partnership) audited the financial statements of engine racing in 2021, including the balance sheet as of December 31, 2021, the income statement, cash flow statement, statement of changes in owner’s equity and notes to relevant financial statements.
According to the audit report (TJs [2022] No. 567) issued by Tianjian Certified Public Accountants (special general partnership), the accumulated net profit of Qingsu in the three fiscal years from January 2019 to December 2021 (subject to the net profit attributable to the parent company after deducting other income, investment income, asset disposal income, non operating income and expenditure and income from changes in fair value) is 2297403647 yuan, Compared with the promised three-year net profit of 198 Shanghai Pudong Development Bank Co.Ltd(600000) 0 yuan, the realization rate is 115.68%.
2、 Implementation procedures of this audit report
Tianjian Certified Public Accountants (special general partnership) carried out the audit work in accordance with the provisions of the auditing standards for Chinese certified public accountants.
3、 Results of this audit report
Tianjian Certified Public Accountants (special general partnership) believes that the financial statements attached to Qingsu event are prepared in accordance with the accounting standards for business enterprises in all major aspects, and fairly reflect the financial situation of Qingsu event as of December 31, 2021, as well as the operating results and cash flow in 2021. Therefore, the audit report with standard unqualified audit opinion is issued.
According to the audit report issued by Tianjian Certified Public Accountants (special general partnership), according to the contents of the original agreement and supplementary agreement, the company confirms that the engine speed event has completed the performance commitment goal, does not involve performance compensation, and the performance commitment period ends on December 31, 2021.
4、 Relevant review procedures
1. Opinions of the board of directors
According to the audit report (tianjianshen [2022] 567) issued by Tianjian Certified Public Accountants (special general partnership), according to the contents of the original agreement and supplementary agreement, the board of directors of the company confirmed that the engine speed event has completed the performance commitment goal, does not involve performance compensation, and the performance commitment period ends on December 31, 2021.
2. Opinions of the board of supervisors
According to the audit report issued by Tianjian Certified Public Accountants (special general partnership) (tianjianshen [2022] 567), the board of supervisors of the company confirmed that Shanghai Qingsu event planning Co., Ltd. has completed the performance commitment goal, does not involve performance compensation, and the performance commitment period ends on December 31, 2021. It will not damage the interests of all shareholders of the company, especially the minority shareholders.
5、 Documents for future reference
Resolutions of the 7th Meeting of the 4th board of directors of the company;
Resolution of the 5th meeting of the 4th board of supervisors of the company.
It is hereby announced.
Board of directors
April 8, 2002
