Jilin Liyuan Precision Manufacturing Co.Ltd(002501) : Shenyang Liyuan bankruptcy reorganization is still in progress

After AI express, some investors ask questions on the investor interaction platform: please answer the Director Secretary positively. What is the company's plan for the development of Shenyang Liyuan, a wholly-owned subsidiary? What is the current situation of Shenyang Liyuan?

Jilin Liyuan Precision Manufacturing Co.Ltd(002501) ( Jilin Liyuan Precision Manufacturing Co.Ltd(002501) . SZ) said on the investor interaction platform on April 9 that Shenyang Liyuan was ordered by the court to enter the reorganization procedure on November 14, 2019. On November 29, 2019, the court appointed Beijing Weiheng law firm and Lianda Certified Public Accountants (special general partnership) as the bankruptcy reorganization administrator of Shenyang Liyuan. The bankruptcy reorganization administrator of Shenyang Liyuan has entered the site of Shenyang Liyuan and carried out relevant work. On December 4, 2019, he completed the handover of official seals, seals, licenses and other materials of Shenyang Liyuan, and took over the management rights of various assets and businesses. The company no longer controls Shenyang Liyuan. According to the accounting standards for business enterprises, Shenyang Liyuan is no longer included in the scope of the company's consolidated financial statements. In February 2022, the second voting result of the second creditors' meeting issued by Shenyang Liyuan manager showed that the voting result of the draft reorganization plan was not adopted. At present, Shenyang Liyuan bankruptcy reorganization is still in progress.

(reporter Yin Hualu)

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