Securities code: Tianjin Songjiang Co.Ltd(600225) securities abbreviation: ST Songjiang Announcement No.: pro 2022034
Tianjin Songjiang Co.Ltd(600225)
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of the contents.
Important content tips:
Tianjin Songjiang Co.Ltd(600225) (hereinafter referred to as “the company”) conducted self-examination in accordance with the relevant provisions of the stock listing rules of Shanghai Stock Exchange (revised in 2022) (hereinafter referred to as “the stock listing rules”), and found that the delisting risk warning and other risk warnings of the company’s shares have been eliminated, and the company has submitted an application to Shanghai Stock Exchange to revoke the corresponding delisting risk warning and other risk warnings in accordance with the relevant provisions.
The Shanghai Stock Exchange shall decide whether to cancel the delisting risk warning and other risk warnings for the company’s shares within 10 trading days after receiving the company’s application. The final application for cancellation shall be subject to the review opinions of Shanghai Stock Exchange. At that time, the company will perform the obligation of information disclosure in time.
During the review period of Shanghai Stock Exchange, the company’s shares do not apply for suspension, and the company’s shares are traded normally.
The company held the 29th meeting of the 10th board of directors on April 25, 2022, deliberated and passed the proposal on applying for cancellation of delisting risk warning and other risk warnings of the company’s shares. The company has submitted an application to Shanghai stock exchange for cancellation of corresponding delisting risk warning and other risk warnings in accordance with relevant regulations. The relevant information is hereby announced as follows:
1、 Delisting risk warning and other risk warnings of the company’s shares
1. The company’s shares have been warned of delisting risk because the audited net profits attributable to shareholders of Listed Companies in 2018 and 2019 are negative. At the same time, because the audited ending net assets of the company in 2020 were negative, the delisting risk warning of the company’s shares continued to be implemented.
2. As the net profit before and after deducting non recurring profit and loss in three consecutive fiscal years of 2018, 2019 and 2020 is negative, and the audit report of the financial and accounting report of 2020 shows that there is uncertainty in the company’s sustainable operation ability, the company’s shares are subject to other risk warnings.
The above information is detailed in the announcement of Tianjin Songjiang Co.Ltd(600225) on delisting risk warning of the company’s shares (Announcement No.: pro 2021055) issued by the company on the designated information disclosure media on April 29, 2021.
2、 Relevant risk warnings have been eliminated
1. According to the company’s 2021 annual audit report issued by ZTE caiguanghua Certified Public Accountants (special general partnership), the net assets attributable to the shareholders of the listed company at the end of 2021 were 148660770443 yuan.
2. According to the company’s 2021 annual audit report issued by ZTE caiguanghua Certified Public Accountants (special general partnership), the audit opinion on the company’s financial statements in 2021 is a standard unqualified opinion, and the uncertainty of the company’s sustainable operation ability has been eliminated.
The full text and abstract of the company’s 2021 annual report have been deliberated and adopted at the 29th meeting of the 10th board of directors of the company, and were posted on the designated information disclosure media and the website of Shanghai Stock Exchange (www.sse. Com. CN.) on April 27, 2022 disclosure. 3、 Application for cancellation of delisting risk warning and other risk warnings of the company’s shares
The company conducted self-examination in accordance with the relevant provisions of the stock listing rules, and the delisting risk warning and other risk warnings of the company’s shares have been eliminated. The company does not have any other “delisting risk warning” specified in article 9.3.2 or other “other risk warning” specified in article 9.8.1, which meets the conditions for applying for cancellation of delisting risk warning and other risk warnings.
In view of this, the 29th meeting of the 10th board of directors approved the company to apply to Shanghai stock exchange for cancellation of delisting risk warning and other risk warnings of the company’s shares in accordance with articles 9.3.6 and 9.8.6 of the stock listing rules. During the review period of Shanghai Stock Exchange, the company’s shares will not apply for suspension and the company’s shares will be traded normally.
4、 Opinions of independent directors
1. After verification, according to the audit report of the company in 2021 issued by ZTE caiguanghua Certified Public Accountants (special general partnership) and the audit report on the elimination of the impact of the matters described in the unqualified opinion with explanatory notes in the audit report in 2020, it shows that the net assets of the company have been regularized at the end of 2021 and the uncertainty of sustainable operation ability has been eliminated. The risk of delisting of the listed company does not comply with the warning conditions specified in article 9.9.2 of the delisting rules, and the risk of delisting of the listed company has not been eliminated according to the implementation of the warning and other warning conditions specified in article 9.9.2 of the delisting rules.
2. The cancellation of delisting risk warning and other risk warnings of the company’s shares is conducive to protecting the interests of the company and minority shareholders. Therefore, we agree that the company applies to Shanghai stock exchange for cancellation of delisting risk warning and other risk warnings.
5、 Other instructions
The Shanghai Stock Exchange shall decide whether to cancel the delisting risk warning and other risk warnings for the company’s shares within 10 trading days after receiving the company’s application. The final application for cancellation shall be subject to the review opinions of Shanghai Stock Exchange. At that time, the company will perform the obligation of information disclosure in time.
The information disclosure media designated by the company are China Securities News, Shanghai Securities News and the website of Shanghai Stock Exchange (www.sse. Com. CN), All information of the company shall be subject to the information published in the above designated media. Please pay attention to the company’s announcement, invest rationally and pay attention to investment risks.
It is hereby announced.
Tianjin Songjiang Co.Ltd(600225) board of directors
April 27, 2022
