Announcement on accrued estimated liabilities
Securities Announcement No.: Enjoyor Technology Co.Ltd(300020) 2
Announcement on accrued estimated liabilities
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.
1、 Summary of accrued estimated liabilities
On June 21, 2021, the company signed the guarantee contract with the creditor Zhonghui Media Co., Ltd. (hereinafter referred to as Zhonghui media) and the debtor Liaoning Guoke Industry Co., Ltd. (hereinafter referred to as Guoke industry) to provide joint and several liability guarantee for the debt payable by Guoke industry to Zhonghui media of 1062966600 yuan, with the guarantee amount of 1062966600 yuan of principal and interest. Because Guoke industry failed to repay its debts on schedule, Zhonghui media applied to the people’s Court of Shenhe District, Shenyang City, Liaoning Province for property preservation. On December 27, 2021, the bank account of the company was frozen for 1351231197 Yuan due to the above guarantee. Subsequently, Guoke industry replaced Bringspring Science And Technology Co.Ltd(300290) with its own bank account freezing. On April 2, 2022, the aforesaid frozen 1351231197 yuan of the company was lifted. Subsequently, on the grounds of additional interest and liquidated damages, Zhonghui media submitted a change of litigation request to the people’s Court of Shenhe District, requesting an additional amount of 1982142473 yuan. The company’s bank account was frozen on April 24, 2022, with a total amount of 3964284946 yuan. As of April 27, 2022, the company has a total of 3964659727 yuan of account funds frozen due to pre litigation guarantee. The aforesaid guarantee failed to fulfill the deliberation procedures of the board of directors and the general meeting of shareholders according to law. After comprehensively considering the relevant financial impact, the company accrued an estimated liability of 3.97 million yuan for the above guarantee matters.
On October 19, 2021, the company provided guarantee for the working capital loan of 230 million yuan obtained by Panjin Jieneng Industrial Co., Ltd. from the construction branch of Panjin Bank Co., Ltd. Because Panjin Jieneng owed interest during the loan period, Panjin bank filed a lawsuit to the people’s Court of Xinglongtai District, Panjin City, requiring the company, Guoke industry (another guarantor) and natural person Huoqi to bear joint and several guarantee liabilities for the loan of 230 million yuan owed by Panjin Jieneng to Panjin bank and the corresponding interest, default interest, compound interest and expenses incurred in recovering creditor’s rights. On February 24, 2022, the people’s Court of Xinglongtai District of Panjin City issued a civil ruling (2022) Liao 1103 min Chu No. 353, which ruled to freeze the deposits in the account of China Merchants Bank Co.Ltd(600036) Shenyang Branch under the name of the company. On February 28, 2022, the people’s Court of Xinglongtai District, Panjin City issued a civil ruling (2022) Liao 1103 min Chu No. 353, which ruled to freeze China Construction Bank Corporation(601939) Shen under the name of the company
Announcement on accrued estimated liabilities
Deposit in the account of yangtiexi sub branch. The court successively frozen the company’s China Merchants Bank Co.Ltd(600036) and China Construction Bank Corporation(601939) accounts from February to March 2022. During the freezing period, the maximum balance of China Merchants Bank Co.Ltd(600036) account was 1378853365 yuan and the maximum balance of China Construction Bank Corporation(601939) account was 2198943069 yuan. On April 25, 2022, the people’s Court of Xinglongtai District, Panjin City issued a civil ruling (2022) Liao 1103 min Chu No. 353-3, ruling to lift the freezing of the company’s bank accounts. On April 27, 2022, the above-mentioned relevant freezing has been lifted. The aforesaid guarantee failed to fulfill the deliberation procedures of the board of directors and the general meeting of shareholders according to law. After comprehensively considering the relevant financial impact, the company accrued estimated liabilities of RMB 46 million for the above guarantee matters.
2、 Impact of accrued estimated liabilities on the company
According to the requirements of the accounting standards for business enterprises, the company recognizes the estimated liabilities of 49.97 million yuan for the payment obligations that may be undertaken due to the above guarantee. It is estimated that the profit and loss of the company in 2021 will be reduced by 49.97 million yuan.
3、 Procedures for accrued estimated liabilities
(I) resolutions of the board of directors
The company held the 4th meeting of the 5th board of directors, deliberated and approved the proposal on the provision of estimated liabilities, and agreed to the provision of estimated liabilities of 49.97 million yuan.
(II) resolution of the board of supervisors
The company held the second meeting of the Fifth Board of supervisors, deliberated and approved the proposal on withdrawing estimated liabilities, and agreed to withdraw estimated liabilities of 49.97 million yuan.
(III) independent opinions of independent directors
The company’s accrual of estimated liabilities this time complies with the relevant provisions of the accounting standards for business enterprises, the accrual method and decision-making procedures are legal and compliant, comply with the principle of prudence, and there is no situation that damages the interests of the company and its shareholders, especially the medium and small shareholders. We agree to the accrual of estimated liabilities this time.
It is hereby announced.
Bringspring Science And Technology Co.Ltd(300290) board of directors April 28, 2002
