Stock Code: 000752 stock abbreviation: * ST Xifa Announcement No.: 2022-004 Tibet Development Co.Ltd(000752)
Progress announcement on capital occupation
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without falsity
Records, misleading statements or material omissions.
Since the capital occupation of Tibet Tianyi Longxing Investment Co., Ltd. (hereinafter referred to as “Tianyi Longxing”), the former controlling shareholder of Tibet Development Co.Ltd(000752) (hereinafter referred to as “the company” and “the listed company”), touches the relevant provisions of the stock listing rules of Shenzhen Stock Exchange, the company’s shares have been subject to other risk warnings since April 10, 2019. According to the relevant provisions of the Listing Rules of Shenzhen Stock Exchange, the company announced the progress of the capital occupation of the original controlling shareholder as follows:
The third extraordinary general meeting of shareholders of the company in 2021 deliberated and adopted the proposal on capital occupation solution. According to the needs of standardized operation of the company, in order to eliminate the adverse impact of Tianyi Longxing on the occupation of the company’s funds as soon as possible, the controlling shareholder of the company, Tibet Shengbang Holding Co., Ltd. (hereinafter referred to as “Tibet Shengbang”) decided to help solve the problem by transferring creditor’s rights. The listed company and Tibet Shengbang signed the creditor’s rights transfer agreement (hereinafter referred to as the “agreement”) on October 28, 2021 to transfer the creditor’s rights of RMB 7365468.91 enjoyed by Tianyi Longxing due to the occupation of funds to Tibet Shengbang, with a total transfer consideration of RMB 7365468.91. Tibet Shengbang has paid the transfer consideration at one time, and the balance of 7365468.91 yuan occupied by Tianyi Longxing, the former controlling shareholder of the company, has been paid off.
According to the agreement, Tibet Shengbang became the new creditor of Tianyi Longxing. The listed company accepted the entrustment of Tibet Shengbang and continued to file a lawsuit and claim rights to Tianyi Longxing in the name of the listed company. The company has appealed the (2021) Zang 01 min Chu No. 30 civil judgment to the higher people’s Court of Tibet Autonomous Region, and obtained the notice of case acceptance ((2021) Zang min Zhong No. 147) on November 1, 2021, On November 25, 2021, the office of the board of directors of the company obtained the (2021) Tibetan Minzhong No. 147 summons and the notice of members of the collegial panel issued by the higher people’s Court of Tibet Autonomous Region, and determined that the hearing time of this case was 10:00 a.m. on January 28, 2022.
The information disclosure media designated by the company are China Securities Journal, securities times and cninfo（ http://www.cn.info.com.cn. ）, the relevant information of the company is subject to the information published in the above designated media. Please pay attention to the relevant announcements, invest rationally and pay attention to risks. 1 / Tibet Development Co.Ltd(000752)
It is hereby announced.
Tibet Development Co.Ltd(000752) board of directors January 7, 2022
2 / Tibet Development Co.Ltd(000752)
