On April 22, Tahoe Group Co.Ltd(000732) announced that the performance forecast for 2021 would be revised down, with an expected loss of 3.5 billion yuan to 4.6 billion yuan and an expected profit of 101 million yuan to 132 million yuan.
With regard to the reasons for the performance correction, the announcement said that the company reassessed the assets with signs of impairment as of December 31, 2021 and made supplementary provision for the impairment loss of relevant assets; The company has accrued corresponding estimated liabilities according to the latest litigation progress after the disclosure of performance forecast.
Tahoe Group Co.Ltd(000732) recently, there have been constant storms. On March 16, Tahoe Group Co.Ltd(000732) announced that the board of directors learned recently that Huang Qisen, chairman and general manager of the company, was assisting relevant authorities in the investigation. The board of directors of the company has launched the emergency plan. At present, Ge Yong, CO president of the company, and Wang Jinggang, CO president of the company, normally preside over the production and operation of the company. The above matters will not affect the normal operation of the company. The company has a perfect organizational structure and standardized governance system, and all business activities are normal.
On March 10, Tahoe Group Co.Ltd(000732) issued a rumor refutation statement, saying that the online rumors ” Tahoe Group Co.Ltd(000732) declared bankruptcy, leaving some ‘uncompleted residential flats’ to be taken over by Vanke”, “more than 50 real estate projects under Tahoe Group Co.Ltd(000732) name are in shutdown”, “Taihe may finance the social e-commerce explosion’ chaoduo ‘app’ this year” and other views and contents are seriously inconsistent with the facts. For the slander of relevant individuals or organizations on the network platform, the company has complained to the relevant platform, and reserves the right to take further legal measures such as civil litigation and criminal reporting against relevant individuals or organizations.
It is reported that Tahoe Group Co.Ltd(000732) is a large-scale comprehensive enterprise group with real estate as its main business. The company takes real estate as its main business and is driven by multiple wheels in the fields of finance, health care, culture and so on. The company was established in 1992 with Huang Qisen as its legal representative and Taihe Investment Group Co., Ltd. as its major shareholder, holding 46% of the shares.
