Securities code: Xuzhou Handler Special Vehicle Co.Ltd(300201) securities abbreviation: Xuzhou Handler Special Vehicle Co.Ltd(300201) Announcement No.: 2022010 Xuzhou Handler Special Vehicle Co.Ltd(300201)
Announcement on delisting risk warning and stock suspension of the company’s stock trading
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. Xuzhou Handler Special Vehicle Co.Ltd(300201) (hereinafter referred to as ” Xuzhou Handler Special Vehicle Co.Ltd(300201) ” or “the company”) is issued with an audit report that cannot express an opinion in the 2021 annual financial report. According to article 10.3.1 of the rules for the listing of shares on the gem of Shenzhen Stock Exchange (revised in December 2020), the listed company has one of the following circumstances, Shenzhen Stock Exchange implements delisting risk warning for its stock trading: paragraph (III) “the financial and accounting report of the latest fiscal year is issued with an audit report that cannot express an opinion or negative opinion”.
2. The trading of the company’s shares will be suspended for one day on Thursday, April 28, 2022 and resumed from the opening of the market on Friday, April 29, 2022. Shenzhen Stock Exchange will implement delisting risk warning for the company’s Stock Trading (the abbreviation of the stock is preceded by ” ST”), and the abbreviation of the company’s stock will be changed from ” Xuzhou Handler Special Vehicle Co.Ltd(300201) ” to ” ST”; The daily limit of stock trading remains unchanged at 20%; The stock code remains unchanged at Xuzhou Handler Special Vehicle Co.Ltd(300201) .
3. The company solemnly reminds investors that relevant company information is available in the securities times, Shanghai Securities News and cninfo (www.cn. Info. Com. CN.) The relevant announcements published shall prevail. Please pay attention to the company’s announcements, make prudent and rational decisions and pay attention to investment risks.
1、 The abbreviation of stock type, securities code and the starting date of delisting risk warning
1. Stock type and abbreviation: the abbreviation of A-Shares of the company is changed from ” Xuzhou Handler Special Vehicle Co.Ltd(300201) ” to ” ST”.
2. Stock Code: Xuzhou Handler Special Vehicle Co.Ltd(300201) .
3. The starting date of delisting risk warning: April 29, 2022.
4. Starting date of suspension and resumption of trading of the company’s shares: due to the implementation of delisting risk warning, the trading of the company’s shares will be suspended for one day from the opening of the market on Thursday, April 28, 2022, and will be resumed from the opening of the market on Friday, April 29, 2022. After the resumption of trading, the delisting risk warning will be implemented.
5. The daily rise and fall of stock trading is limited to 20%.
2、 Reasons for delisting risk warning in stock trading
The annual financial report of the company in 2021 was issued with an audit report that could not express an opinion. According to article 10.3.1 of the rules for the listing of shares on the gem of Shenzhen Stock Exchange (revised in December 2020), if a listed company has one of the following circumstances, Shenzhen Stock Exchange will implement a delisting risk warning for its stock transactions: (III) the financial and accounting report of the latest fiscal year was issued with an audit report that could not express an opinion or a negative opinion.
3、 Risk warning that stocks may be delisted
After the delisting risk warning is implemented for the company’s stock trading, if one of the following circumstances occurs in the first accounting year, i.e. 2022, the company’s shares will face the risk of terminating the 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) fail to apply to Shenzhen stock exchange for cancellation of delisting risk warning within the specified time limit despite meeting the conditions specified in article 10.3.6 of the GEM Listing Rules of Shenzhen Stock Exchange;
(VI) because the conditions specified in article 10.3.6 of the GEM Listing Rules of Shenzhen Stock Exchange are not met, the application for canceling the delisting risk warning has not been examined and approved.
4、 Opinions of the board of directors on seeking to revoke the delisting risk warning and specific measures
The company attaches great importance to the relevant matters involved in the audit report issued by the accounting firm that cannot express opinions. The board of directors is organizing the directors, supervisors and senior managers of the company to take positive and effective measures to eliminate the relevant matters that cannot express opinions and their impact. The specific measures are as follows:
1. Fully verify the impact of the event
The company has attached great importance to relevant matters that cannot express opinions, and asked the financial department to organize an inventory of the composition of accounts receivable, inventory and accounts payable and the recoverability of the balance together with the business department. The board of directors of the company will seriously study the countermeasures, actively promote the work of improving corporate governance, and solve the problems faced by the company as soon as possible. The company will timely disclose the progress of relevant matters in accordance with regulations.
2. Strengthen governance and subsidiary management
The board of directors of the company will further strengthen the management and supervision of the company and its subsidiaries, further accelerate the judicial relief process, solve the disputes between the old and new controlling shareholders as soon as possible, promote the management to effectively implement the resolutions of the board of directors, continue to improve the management system, strengthen supervision and inspection, improve the management level, and promote the healthy and stable development of the company. The board of directors of the company will seriously study the countermeasures, actively promote the work of improving corporate governance, and solve the problems faced by the company as soon as possible.
3. Cooperate with audit
In the process of verifying the situation, the company continued to cooperate with China audit Zhonghuan Certified Public Accountants (special general partnership), and took various measures to provide China audit Zhonghuan Certified Public Accountants (special general partnership) with sufficient and appropriate evidence to support the audit conclusion. For the matters involved in which opinions cannot be expressed, the company promises to verify the relevant situation as soon as possible, determine the relevant impact, and submit the self-examination results and evidence materials to accountants for review, so as to eliminate and resolve various adverse factors as soon as possible.
5、 During the implementation of delisting risk warning, the company is the main way to accept investor consultation
During the delisting risk warning period, the company’s shares will be consulted by investors through telephone, e-mail, interactive and other means. The main ways for the company to receive investor consultation are as follows:
1. Contact: Securities Department of the company
2. Tel. / Fax: 0516687827863, email: [email protected] Contact address: No. 19, baoliansi Road, Xuzhou Economic and Technological Development Zone, hereby announced
Xuzhou Handler Special Vehicle Co.Ltd(300201) board of directors April 28, 2002
