Youngy Co.Ltd(002192) announcement (2022)
Securities code: Youngy Co.Ltd(002192) securities abbreviation: Youngy Co.Ltd(002192) Announcement No.: 2022023 Youngy Co.Ltd(002192)
Announcement of abnormal fluctuations in 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.
1、 Introduction to abnormal fluctuations in stock trading
Youngy Co.Ltd(002192) (hereinafter referred to as “the company” or “the company”) (stock abbreviation: Youngy Co.Ltd(002192) , stock code: Youngy Co.Ltd(002192) ) trading price within three consecutive trading days (April 27, April 28 and April 29, 2022) the cumulative deviation of closing price increase exceeds 20%, which belongs to abnormal fluctuation of stock trading according to the trading rules of Shenzhen Stock Exchange.
2、 Description of the company’s concern and verification
According to the requirements of relevant regulations, the company has made necessary verification, and the relevant verification is explained as follows: (I) there is no need to correct or supplement the information disclosed by the company in the early stage.
(II) the company has not found any unpublished material information that may or has had a great impact on the stock trading price of the company reported by the public media recently.
(III) the company’s business situation and internal and external business environment have not changed significantly in the recent period.
(IV) after inquiry with the controlling shareholder and actual controller of the company, except that the actual controller, Mr. LV Xiangyang, intends to subscribe for the company’s non-public offering of A-Shares and signed a conditional stock subscription agreement on November 24, 2020, the company, the controlling shareholder and actual controller of the company have no major matters that should be disclosed but not disclosed about the company, or are in the planning stage.
The actual controller of the company intends to subscribe for the company’s non-public offering of A-Shares and sign a conditional stock subscription agreement. Please refer to the details disclosed in China Securities Journal, securities times and cninfo (www.cn. Info. Com. CN) on November 25, 2020 Relevant announcements on.
(V) after inquiring with the controlling shareholder and actual controller of the company, the controlling shareholder and actual controller of the company did not buy or sell the company’s shares during the abnormal fluctuation of this stock transaction.
3、 Whether there is a description of the information that should be disclosed but not disclosed
The company held the 11th meeting of the 7th board of directors and the 7th supervisor meeting on November 24, 2020
Youngy Co.Ltd(002192) announcement (2022)
At the 8th meeting of the board of directors, the proposal on the plan of non-public development of a shares, the proposal on the plan of non-public development of A-Shares and other relevant proposals were deliberated and adopted. The company plans to issue A-Shares to Mr. LV Xiangyang, the actual controller, to raise funds for the construction of fund-raising projects. Please refer to the more detailed information disclosed in China Securities Journal, securities times and cninfo (www.cn. Info. Com. CN.) on November 25, 2020 The announcement on the resolution of the 11th meeting of the Youngy Co.Ltd(002192) 7th board of directors (Announcement No.: 2020048), the announcement on the resolution of the 8th meeting of the Youngy Co.Ltd(002192) 7th board of supervisors (Announcement No.: 2020049) and their disclosure on cninfo (www.cn. Info. Com. CN.) Relevant announcements such as Youngy Co.Ltd(002192) 2020 A-share stock plan of non-public development banks on.
With the deliberation and approval of the fifth extraordinary general meeting of shareholders in 2021 held on December 3, 2021, the validity period of the resolution on non-public offering of A-Shares and the authorization of the general meeting of shareholders to authorize the board of directors to handle matters related to non-public offering of shares are extended by 12 months from the expiration of the original validity period. Please refer to the more detailed information disclosed in China Securities Journal, securities times and cninfo (www.cn. Info. Com. CN.) on November 17, 2021 Announcement on the resolution of the 23rd Meeting of the 7th board of directors (Announcement No.: 2021063), announcement on the resolution of the 13th meeting of the 7th board of supervisors (Announcement No.: 2021064) and announcement on extending the validity period of the resolution and authorization of non-public offering of shares (Announcement No.: 2021065).
Up to now, the company’s non-public offering and investment projects have not obtained the EIA reply, and the non-public offering has not been reported to the CSRC.
The board of directors of the company confirms that, in addition to the above matters related to the non-public issuance of a shares, the company currently has no undisclosed matters or planning, negotiation, intention, agreement, etc. related to the matters that should be disclosed in accordance with the stock listing rules of Shenzhen Stock Exchange and other relevant provisions; The board of directors has not been informed that the company has undisclosed information that has a great impact on the trading price of the company’s shares that should be disclosed in accordance with the Shenzhen Stock Exchange Stock Listing Rules and other relevant provisions; The information disclosed by the company in the early stage does not need to be corrected or supplemented.
4、 Necessary risk tips
(I) according to the company’s self-examination, the company does not violate the fair disclosure of information.
(II) the company’s non-public offering of A-Shares can only be implemented after being approved by the CSRC. Whether the non-public offering can be approved by the CSRC and the approval time are uncertain. Please pay attention to the investment risks.
(III) the company’s operating income in 2021 was 921 million yuan, the net profit attributable to the shareholders of the listed company was 68 million yuan, and the basic earnings per share was 0.2630 yuan / share; In the first quarter of 2022, the operating revenue was 4.78%
Youngy Co.Ltd(002192) announcement (2022)
Million yuan, the net profit attributable to the shareholders of the listed company is 254 million yuan, and the basic earnings per share is 0.9784 yuan / share. Please pay attention to the investment risks.
(IV) as of April 29, 2022, the company’s static P / E ratio is 396.73 times, which is much higher than the average static P / E ratio of the industry classification of China Securities Regulatory Commission – nonferrous metal mining and dressing industry of the company, which is 100.44 times (excluding the negative P / E ratio and the annual report data of 2021 cannot be obtained as of April 29, 2022), please pay attention to the investment risks.
(V) affected by the fact that the master plan of Kangzi Luzhou industrial concentration area (20212035), the superior planning, has not obtained the EIA approval, the 2.5 million T / a lithium ore concentration project of Kangding Rongjie Lithium Industry Co., Ltd., a wholly-owned subsidiary of the company, has not obtained the EIA approval, the main project has not been started, and the specific production time is still uncertain; If the company fails to effectively solve the source of raw ore, the effective capacity of the project may be lower than the design capacity; After the project is put into operation, the actual output depends on the production time and actual production time, which is uncertain.
The company’s main business product is lithium products. Its price is not only affected by the relationship between market supply and demand, but also closely related to the global economic situation, China’s economic situation, the development of upstream and downstream industries and the adjustment of national policies. If the above factors change, the price of lithium products fluctuates greatly, which will lead to uncertainty in the operating income of the company’s 2.5 million T / a lithium ore concentration plant after it is put into operation. Please pay attention to the investment risk.
For the promotion of the 2.5 million T / a lithium ore concentration plant project, please refer to the company’s 2021 annual report and the first quarter report of 2022.
(VI) the company’s shareholding enterprise Chengdu Rongjie Lithium Industry Technology Co., Ltd. lithium salt plant phase I 20000 t / a lithium salt project has started trial production since January 1, 2022. At present, the trial production is progressing smoothly, the product qualification rate is high, and the production capacity in March has reached the design capacity. At present, Chengdu Rongjie lithium Technology Co., Ltd. has completed the sewage discharge permit, obtained the sewage discharge permit, preliminarily completed the data entry of fire acceptance and completion acceptance, obtained the formal environmental supervision report, and started the identification of high-tech enterprises. The civil engineering completion acceptance, fire control completion acceptance and work safety license are still being handled. It is expected to complete the above work in the second quarter and meet the production conditions. However, the specific production time depends on the completion time of the above elements. Please pay attention to the investment risk.
(VII) the company solemnly reminds investors: China Securities Journal, securities times and cninfo (www.cn. Info. Com. CN.) It is the designated information disclosure media of the company. All information of the company shall be subject to the information published in the above designated media. Please pay attention to the investment risks.
It is hereby announced.
Youngy Co.Ltd(002192) announcement (2022)
Youngy Co.Ltd(002192) board of directors April 29, 2022
