Securities code: Jiangsu Huasheng Tianlong Photoeletric Co.Ltd(300029) securities abbreviation: Jiangsu Huasheng Tianlong Photoeletric Co.Ltd(300029) Announcement No.: 2022042 Jiangsu Huasheng Tianlong Photoeletric Co.Ltd(300029)
Announcement on applying for cancellation of delisting risk warning for the company’s shares
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. The audit results of 2021 show that the company has not encountered any of the circumstances specified in Items 1 to 4 of paragraph 1 of article 10.3.10 of the listing rules. According to paragraph 1 of article 10.3.6 of the listing rules, the company meets the conditions for applying for cancellation of the delisting risk warning of stock trading, and the company has applied to Shenzhen stock exchange for cancellation of the delisting risk warning of stock trading, There is still uncertainty about whether it can be audited by Shenzhen Stock Exchange. Please pay attention to investment risks.
2. The company’s “production and operation activities have been seriously affected and are not expected to return to normal within three months.” And “the net profit of the company before and after deducting non recurring profits and losses in the last three fiscal years, whichever is lower, is negative, and the financial and accounting report of the last year shows that the company’s ability to continue as a going concern is uncertain.” In the two cases, other risk warnings (st) will be implemented on September 12, 2020 and April 23, 2021 respectively. No matter whether the company is approved by Shenzhen Stock Exchange to cancel the delisting risk warning, the company will continue to be implemented with other risk warnings (st) Jiangsu Huasheng Tianlong Photoeletric Co.Ltd(300029) (hereinafter referred to as “the company”) held the 13th meeting of the 5th board of directors on April 28, 2022, deliberated and adopted the proposal on applying for cancellation of delisting risk warning for the company’s shares. The company has submitted an application for cancellation of delisting risk warning for the company’s shares to Shenzhen Stock Exchange. The relevant information is hereby announced as follows:
1、 Delisting risk warning of the company’s shares
1. The audit report and special deduction report of operating income of the company in 2020 show that the net profit of the company before and after deducting non recurring profits and losses in 2020, whichever is lower, is -3181682850 yuan, and the operating income after special deduction is 6448625094 yuan, Touch the delisting risk warning situation of “the audited net profit in the latest fiscal year is negative and the operating income is less than 100 million yuan” stipulated in article 10.3.1 of the Listing Rules of GEM stocks of Shenzhen Stock Exchange (revised in December 2020). After the disclosure of the 2020 annual report, the trading of the company’s shares was suspended for one day on April 23, 2021. Since April 26, 2021, the Shenzhen Stock Exchange has implemented the special treatment of “delisting risk warning” for the company’s stock trading in accordance with the relevant provisions of the Shenzhen Stock exchange gem stock listing rules (revised in December 2020). For details, see the announcement disclosed by the company on cninfo.com on April 23, 2021 (Announcement No.: 2021037)
2、 Application of the company to revoke the warning of delisting risk
Beijing Xinghua Certified Public Accountants (special general partnership) issued the company’s 2021 annual audit report ([2022] jhxsz No. 69 Shenzhen Overseas Chinese Town Co.Ltd(000069) ) and the special verification opinions on the deduction of operating income in 2021 ([2022] jhxsz No. 69000024) on April 28, 2022. The report shows that the company achieved an operating income of 31717070983 yuan in 2021 and an operating income of 17765895768 yuan after deduction; The net profit attributable to the shareholders of the listed company is -460632230 yuan, and the net profit attributable to the shareholders of the listed company after deducting non recurring profits and losses is -459048197 yuan; The total shareholders’ equity attributable to the listed company is 1429531608 yuan; The type of audit opinion is an unqualified opinion with emphasized matters, and the company has disclosed all directors within the legal period to ensure the authenticity, accuracy and completeness of the annual report.
According to article 10.3.6 of the GEM Listing Rules of Shenzhen Stock Exchange (revised in December 2020), after the delisting risk warning is implemented for the stock trading of a listed company due to the circumstances in Items 1 to 3 of paragraph 1 of article 10.3.1 of these rules, the audit results of the first accounting year show that the company does not have any of the circumstances specified in Items 1 to 4 of paragraph 1 of article 10.3.10, The company may apply to the Shenzhen Stock Exchange to revoke the delisting risk warning.
According to the 2021 annual report and the company’s 2021 annual audit report issued by Beijing Xinghua Certified Public Accountants (special general partnership), the company does not have any of the circumstances specified in Items 1 to 4 of paragraph 1 of article 10.3.10 of the Shenzhen Stock Exchange GEM Listing Rules (revised in December 2020), In addition, the company does not have other situations requiring delisting risk warning as stipulated in the Shenzhen Stock Exchange GEM Listing Rules (revised in December 2020), which meets the conditions for canceling the delisting risk warning.
3、 Opinions of independent directors
On April 28, 2022, the 13th meeting of the 5th board of directors held by the company deliberated and adopted the proposal on applying for cancellation of delisting risk warning for the company’s shares. After verification, the delisting risk warning of the company’s shares has been eliminated. According to the relevant provisions of the Shenzhen Stock Exchange GEM Listing Rules (revised in December 2020), the company does not have any situation specified in Items 1 to 4 of paragraph 1 of article 10.3.10, In addition, the company does not have other situations requiring delisting risk warning specified in the Shenzhen Stock Exchange GEM Listing Rules (revised in December 2020), and has met the conditions for applying for cancellation of delisting risk warning in the Shenzhen Stock Exchange Stock Listing Rules (revised in December 2020).
The cancellation of delisting risk warning 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 Shenzhen stock exchange for cancellation of delisting risk warning.
4、 Risk tips
The company has submitted an application to Shenzhen Stock Exchange to cancel the delisting risk warning. The company’s application to revoke the delisting risk warning still needs to be reviewed by Shenzhen Stock Exchange. There is uncertainty whether it can be reviewed by Shenzhen Stock Exchange. Please pay attention to the investment risk. The company will timely fulfill the obligation of information disclosure according to the progress.
It is hereby announced.
Jiangsu Huasheng Tianlong Photoeletric Co.Ltd(300029) board of directors
April 28, 2022
