Securities code: 000910 securities abbreviation: Dare Power Dekor Home Co.Ltd(000910) Announcement No.: 2022-001 Dare Power Dekor Home Co.Ltd(000910) about
Announcement of Fuyang Daya decoration materials Co., Ltd. receiving the first phase of compensation
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.
Dare Power Dekor Home Co.Ltd(000910) (hereinafter referred to as “the company”) held the 10th meeting of the 8th board of directors on December 30, 2021, deliberated and adopted the proposal on signing the compensation agreement of Fuyang Daya decoration materials Co., Ltd., a wholly-owned subsidiary of the company, It is agreed that the wholly-owned subsidiary Fuyang Daya decoration materials Co., Ltd. (hereinafter referred to as “Fuyang company”) and Funan County People’s Government (hereinafter referred to as “Funan County Government”) sign the compensation agreement for early recovery of the use right of state-owned construction land (hereinafter referred to as “compensation agreement”), and Funan County government pays the value of real estate and accessories to Fuyang company The total compensation expenses for production and business losses, employee severance, performance awards and other compensation expenses are 80 million yuan. See Dare Power Dekor Home Co.Ltd(000910) announcement on the signing of compensation agreement between Fuyang Daya decoration materials Co., Ltd. and Funan County People’s Government (Announcement No.: 2021-047) published by the company in securities times, China Securities Journal and cninfo.com on December 31, 2021 for details.
On January 13, 2022, Fuyang company received the initial compensation of 40 million yuan paid by Funan County Government through the financial branch of Funan County Industrial Park Management Committee. The company will conduct corresponding accounting treatment for the compensation received in accordance with the relevant provisions of the accounting standards for business enterprises. The specific accounting treatment and financial data shall be subject to the audit results of the accounting firm.
The company will continue to pay attention to the progress of the above matters and fulfill the obligation of information disclosure in time. Please pay attention to investment risks.
It is hereby announced.
Dare Power Dekor Home Co.Ltd(000910) board of directors January 14, 2022
