Securities code: Western Regions Tourism Development Co.Ltd(300859) securities abbreviation: ST Xiyu Announcement No.: 2022009 Western Regions Tourism Development Co.Ltd(300859)
The third suggestive announcement on the risk of termination of listing of the company's shares
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.
Special tips:
1. Western Regions Tourism Development Co.Ltd(300859) (hereinafter referred to as "the company") the audited net profit before and after deducting non recurring profit and loss in 2020 is negative, and the annual operating income is less than 100 million yuan, which touches the relevant provisions of article 10.3.1 of the rules for listing stocks on the gem of Shenzhen Stock exchange (revised in December 2020). The stock trading of the company has been specially handled by the "delisting risk warning" of Shenzhen Stock Exchange since April 28, 2021.
2. According to article 10.3.4 of Shenzhen Stock Exchange GEM Listing Rules (revised in December 2020): if a listed company is subject to delisting risk warning due to items 1 to 3 of paragraph 1 of article 10.3.1, it shall issue a risk warning announcement that its shares may be delisted within one month after the end of the accounting year in which the delisting risk warning is implemented, And issue at least two more risk warning announcements before disclosing the annual report of the year; On January 27, 2022 and March 28, 2022, the company disclosed the suggestive announcement on the risk of termination of listing of the company's shares (Announcement No.: 2022004) and the second suggestive announcement on the risk of termination of listing of the company's shares (Announcement No.: 2022007), and now makes the third risk prompt on the risk of termination of listing of the company's shares. Please pay attention to the investment risk.
1、 Reasons for delisting risk warning
According to the audit report and special deduction report of operating income issued by Lixin Certified Public Accountants (special general partnership) for the company in 2020, the lower of the net profit attributable to shareholders of the listed company before and after deducting non recurring profits and losses in 2020 is -4684660443 yuan, and the operating income after special deduction is 5049807784 yuan, The above two financial data touch the provisions of item 1, paragraph 1, article 10.3.1 of the Shenzhen Stock Exchange GEM Listing Rules (revised in December 2020). The listed company has the situation that "the audited net profit in the latest fiscal year is negative and the operating income is less than 100 million yuan, or the net profit in the latest fiscal year is negative and the operating income is less than 100 million yuan after retroactive restatement", Therefore, the company's stock trading has been specially handled by the "delisting risk warning" implemented by Shenzhen Stock Exchange since April 28, 2021. For details, see the announcement on delisting risk warning and suspension of the company's Stock Trading (Announcement No.: 2021034) disclosed by the company on cninfo.com on April 27, 2021.
2、 There may be a risk of delisting
According to article 10.3.10 of Shenzhen Stock Exchange GEM Listing Rules (revised in December 2020):
In case of any of the following circumstances in the first fiscal year after a listed company's stock trading is warned of delisting risk due to items 1 to 3 of paragraph 1 of article 10.3.1, the bourse decides to terminate its stock listing and Trading:
(I) the audited net profit is negative and the operating income is less than 100 million yuan, or the net profit of the most recent fiscal year after retroactive restatement is negative and the operating income is less than 100 million yuan;
(II) the audited ending net assets are negative, or the ending net assets of the latest fiscal year after retroactive restatement are negative;
(III) the financial accounting report is issued with qualified opinions, unable to express opinions or negative opinions;
(IV) failing to disclose the annual report guaranteed by more than half of the directors to be true, accurate and complete within the statutory time limit; (V) failed to apply to the bourse for cancellation of delisting risk warning within the specified time limit despite meeting the conditions specified in article 10.3.6;
(VI) because the conditions specified in article 10.3.6 are not met, its application for withdrawal of delisting risk warning has not been approved.
If one of the above six situations occurs in 2021, the listing of the company's shares will be terminated.
3、 Other tips
On January 27th, 2022, the company made an announcement on the gem information disclosure website http://www.cn.info.com.cn The annual performance forecast for 2021 (Announcement No.: 2022003) is disclosed on the. The company expects the operating revenue of 2021 to be 149.6 million yuan, and the operating revenue after deduction in 2021 is expected to be 148.15 million yuan to 148.75 million yuan; The net profit attributable to the shareholders of the listed company is 19 million yuan to 27 million yuan, and the net profit after deducting non recurring profits and losses is expected to be 18.95 million yuan to 26.95 million yuan. This performance forecast is the preliminary calculation result of the company's financial department, and the specific financial data shall be subject to the audited 2021 annual report. If the audited financial data of the company in 2021 touch the relevant provisions of article 10.3.10 of the GEM Listing Rules of Shenzhen Stock Exchange (revised in December 2020), Shenzhen Stock Exchange will decide to terminate the listing and trading of the company's shares.
As of the disclosure date of this announcement, the audit of the company's 2021 annual report is in progress, and the final financial data shall be subject to the audited 2021 annual report officially disclosed by the company.
The company solemnly reminds investors that the information disclosure media designated by the company are securities times, Securities Daily, China Securities News and cninfo (www.cn. Info. Com. CN), All information of the company shall be subject to the information disclosed by the above designated media. Please pay attention to relevant announcements, make prudent decisions, invest rationally and pay attention to investment risks.
It is hereby announced!
Western Regions Tourism Development Co.Ltd(300859) board of directors April 13, 2022
