Securities code: Caissa Tosun Development Co.Ltd(000796) securities abbreviation: Caissa Tosun Development Co.Ltd(000796) Announcement No.: 2022031 bond Code: 112532 bond abbreviation: 17 Caesar 03
Caissa Tosun Development Co.Ltd(000796)
Announcement on uncovered losses reaching one third of the total paid in share capital
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.
Caissa Tosun Development Co.Ltd(000796) (hereinafter referred to as “the company”) held the 42nd meeting of the 9th board of directors and the 18th meeting of the 9th board of supervisors on April 29, 2022. The meeting deliberated and adopted the proposal on making up losses up to one third of the total paid in share capital. Now the relevant information is announced as follows: I. overview of the situation
The total amount of undistributed capital of the company that was audited by Zhonghuan accounting firm was RMB -5.0244 million, and the amount of undistributed capital stock of the company that was not paid up by Zhonghuan accounting firm at the end of the year was RMB -5.0236 million, which was one-third of the total amount of undistributed capital stock of the company that was audited by Zhonghuan accounting firm. According to the relevant provisions of the company law of the people’s Republic of China and the articles of association, when the amount of the company’s outstanding losses reaches one third of the total paid in share capital, it shall be submitted to the general meeting of shareholders for deliberation.
2、 Reasons for the company’s loss in 2021
Due to the continuous covid-19 epidemic, the pressure on the aviation industry and tourism industry remains the same, and the company’s outbound tourism business has stagnated for more than two years. Although China’s tourism and aviation industry eased in 2021, the company’s China tourism business failed to meet expectations sporadically and repeatedly with the epidemic, and the aviation catering business has not fully recovered.
3、 Measures to be taken by the company to make up for losses
1. Strengthen internal operation and management, promote resource integration, strictly control costs, optimize staffing, effectively reduce operating costs, improve quality and efficiency.
2. Based on the existing main business, the company will actively seek opportunities for diversified development. At present, the company is exploring innovative businesses such as destination and new retail, striving to improve profitability and achieve the strategic goal of sustainable development. 3. The company will actively seek government subsidies and make full use of various government relief policies, policy funds for major projects and various subsidies. At the same time, maintain the cooperative relationship with financial institutions, actively communicate and exchange, pay close attention to current affairs and policies, strive to reduce the company’s borrowing costs, and actively seek external financial support to supplement the enterprise’s sustainable and operational funds.
4、 Documents for future reference
1. Resolution of the 42nd meeting of the 9th board of directors
2. Resolution of the 18th meeting of the 9th board of supervisors
It is hereby announced.
Caissa Tosun Development Co.Ltd(000796) board of directors April 30, 2022
