Securities code: Henan Huaying Agricultural Development Co.Ltd(002321) securities abbreviation: ST Huaying Announcement No.: 2022033 Henan Huaying Agricultural Development Co.Ltd(002321)
Suggestive announcement on applying for cancellation of the delisting risk warning implemented due to the situation of standard compulsory delisting and the continued delisting risk warning and other risk warnings of the company’s stock trading
The company and all directors guarantee that the contents of the announcement are true, accurate and complete, and there are no false records, misleading statements or major omissions
Special tips:
1. On November 20, 2021, Henan Xinyang intermediate people’s Court (hereinafter referred to as “Xinyang intermediate people’s court”) ruled to accept the reorganization application of the applicant Huangchuan Ruihua Supply Chain Management Co., Ltd., which touched on item (VII) of article 14.4.1 of the stock listing rules of Shenzhen Stock Exchange (Revised in 2020), Shenzhen Stock Exchange (hereinafter referred to as “Shenzhen Stock Exchange”) implemented delisting risk warning on the superposition of the company’s stock trading on November 22, 2021;
On April 14, 2022, Xinyang intermediate people’s court ruled that the implementation of Huaying agricultural restructuring plan was completed and the Huaying agricultural restructuring procedure was terminated. According to article 9.4.13 of the Listing Rules of Shenzhen Stock Exchange (revised in 2022), the company applies to Shenzhen Stock Exchange to cancel the delisting risk warning implemented due to the situation of standard compulsory delisting (i.e. the provisions of item (VII) of article 14.4.1 of the Listing Rules of Shenzhen Stock Exchange (revised in 2020)) and cancel the superimposed delisting risk warning. There is still uncertainty in the examination and approval of the above application. Please pay attention to the investment risk.
2. In 2020, the company was issued with an audit report and internal control audit report that could not express opinions by Asia Pacific (Group) accounting firm (special general partnership). According to articles 13.3 and 14.3.1 of the stock listing rules (revised in 2020), Shenzhen Stock Exchange implemented “delisting risk warning” and “other risk warning” for the company’s stock trading on April 30, 2021;
Henan Huangchuan Huaying Poultry Industry Corporation, the former controlling shareholder of the company, carries out financing activities in the name of the company, which essentially constitutes the occupation of non operating funds of listed companies. According to articles 13.3 and 13.4 of the stock listing rules (2020 Revision), Shenzhen Stock Exchange will implement “other risk warning” for the superposition of stock transactions of the company from November 1, 2021. As of the date of this announcement, the non operating capital occupation of the former holding stock donghuaying poultry Corporation has been fully repaid, and the capital occupation of the company has been eliminated. The company will hire an audit institution to specially review the capital occupation and return.
Since the annual audit in 2021 has not been completed and the financial report, internal control and capital repayment are under audit, the delisting risk warning and other risk warnings implemented in case of financial compulsory delisting remain unchanged. The company’s stock abbreviation is still ” Henan Huaying Agricultural Development Co.Ltd(002321) “, the stock code is still ” Henan Huaying Agricultural Development Co.Ltd(002321) “, and the rise and fall limit of the stock trading day is still 5%.
Henan Huaying Agricultural Development Co.Ltd(002321) (hereinafter referred to as “company” or “Huaying agriculture”) applied to Shenzhen Stock Exchange on April 15, 2022 to cancel the delisting risk warning implemented due to the situation of standard compulsory delisting, and cancel the superimposed delisting risk warning. The delisting risk warning and other risk warnings implemented due to the situation of financial compulsory delisting remain unchanged. The specific situation is hereby announced as follows:
1、 Basic information of delisting risk warning and other risk warnings implemented by the company
1. The company’s 2020 financial and accounting report was issued with an audit report that could not express an opinion by the Asia Pacific exchange. According to article 14.3.1 of the stock listing rules of Shenzhen Stock Exchange (revised in 2020), the Shenzhen Stock Exchange implemented the “delisting risk warning” treatment on the company’s stock trading on April 30, 2021. See the announcement on delisting risk warning and other risk warning and suspension of trading of the company’s shares disclosed by the company on the designated information disclosure media on April 29, 2021 (Announcement No.: 2021029).
2. On November 20, 2021, Xinyang intermediate people’s court ruled to accept the reorganization application of the applicant Huangchuan Ruihua Supply Chain Management Co., Ltd., which touched the provisions of item (VII) of article 14.4.1 of the stock listing rules (revised in 2020). On November 22, 2021, Shenzhen Stock Exchange implemented delisting risk warning for the superposition of the company’s stock trading. For details, please refer to the announcement on the delisting risk warning of the company’s shares superimposed (Announcement No.: 2021072) disclosed by the company on the designated information disclosure media on November 22, 2021.
3. In 2020, the company’s internal control audit report was issued by the Asia Pacific exchange, which was unable to express opinions. According to Article 13.3 of the stock listing rules (revised in 2020), the Shenzhen Stock Exchange implemented “other risk warning” for the company’s stock trading on April 30, 2021. For details, see the announcement on delisting risk warning and other risk warning and suspension of trading of the company’s shares disclosed by the company on April 29, 2021 (Announcement No.: 2021029).
4. Henan Huangchuan Huaying Poultry Industry Corporation, the former controlling shareholder of the company, carried out financing activities in the name of the company in 2019, which essentially constituted the occupation of non operating funds of listed companies. According to articles 13.3 and 13.4 of the stock listing rules (2020 Revision), Shenzhen Stock Exchange implemented the special treatment of “other risk warning” for the superposition of stock transactions of the company from November 1, 2021. For details, please refer to the announcement on the superimposed implementation of other risk warnings on the company’s shares (Announcement No.: 2021070) disclosed by the company on the designated information disclosure media on November 1, 2021.
During the delisting risk warning period, the company performed the obligation of information disclosure in strict accordance with relevant laws and regulations and departmental rules and regulations.
2、 The company meets the delisting risk warning conditions implemented due to the cancellation of normative compulsory delisting
On April 14, 2022, Xinyang intermediate people’s court ruled that the implementation of Huaying agricultural restructuring plan was completed and the Huaying agricultural restructuring procedure was terminated. For details, see the announcement on the completion of the implementation of the company’s reorganization plan (Announcement No.: 2022030) disclosed by the company on the same day. According to article 9.4.13 of the Listing Rules of Shenzhen Stock Exchange (revised in 2022), the company has met the conditions of “completion of the implementation of the reorganization plan” in Item (I) of this article, and can apply to Shenzhen Stock Exchange to cancel the delisting risk warning of stock trading due to touching item (VII) of article 9.4.1.
3、 Risk tips
1. The company applies to cancel the delisting risk warning implemented due to the situation of standard compulsory delisting, and cancel the superimposed delisting risk warning. It still needs the review and approval of Shenzhen Stock Exchange. There is uncertainty. Please pay attention to the investment risk.
2. The company’s 2020 financial report has been audited by Asia Pacific (Group) accounting firm (special general partnership), which cannot express an opinion. If one of the following circumstances occurs in 2021, the listing of the company’s shares will be terminated according to article 9.3.11 of the Listing Rules: (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) although it complies with the provisions of article 9.3.7, it fails to apply to the exchange for cancellation of delisting risk warning within the specified time limit; (VI) due to non-compliance with article 9.3.7, the delisting risk warning application was not reviewed and approved by the exchange.
3. The company will conscientiously perform the obligation of information disclosure in strict accordance with the relevant provisions of the listing rules. The information disclosure media designated by the company are securities daily, securities times, Shanghai Securities News, China Securities News and http://www.cn.info.com.cn, All information of the company shall be subject to the information disclosed in the above designated media and websites. Please make careful decisions and pay attention to investment risks.
It is hereby announced
Henan Huaying Agricultural Development Co.Ltd(002321) board of directors April 16, 2002
