Sudden 6 Beijing New Building Materials Public Limited Company(000786) 9 year old “Lao Lai” actual accuser detained

announced on Jiangsu Chengxing Phosph-Chemical Co.Ltd(600078) 18 that Li Xing was detained in Jiangyin detention center on suspicion of refusing to execute the detention notice for the crime of refusing to execute the judgment and ruling.

Jiangsu Chengxing Phosph-Chemical Co.Ltd(600078) said that Li Xing did not hold any position in the company, and the above matters did not have a significant impact on the company’s daily production and operation activities. The board of directors of the company will continue to pay attention to the progress of the above events and fulfill the obligation of information disclosure in a timely manner.

6 Guangdong Xinhui Meida Nylon Co.Ltd(000782) 021 annual report shows that Li Xing was born in 1953 with a college degree and a senior economist. He is currently the chairman and President of the board of directors of Chengxing group ( Jiangsu Chengxing Phosph-Chemical Co.Ltd(600078) the largest shareholder), the chairman of the working committee of Petrochina Company Limited(601857) and small and medium-sized enterprises of Chemical Industry Association, and the chairman of Jiangsu Chengxing Phosph-Chemical Co.Ltd(600078) from September 2006 to October 2018 according to this calculation, Li Xing is 69 years old this year

The above-mentioned annual report also shows that during the reporting period of Jiangsu Chengxing Phosph-Chemical Co.Ltd(600078) , the controlling shareholder Chengxing group and the actual controller Li Xing were the dishonest Executees

It is worth mentioning that on May 12, Jiangsu Chengxing Phosph-Chemical Co.Ltd(600078) prompted that the company’s shares were subject to other risk warnings due to the negative internal control audit report issued by Su yajincheng in 2020 and the failure to solve the problem due to the occupation of funds by controlling shareholders and their related parties; Secondly, the audited ending net assets of the company in 2020 were negative, and the financial and accounting report in 2020 was issued, which could not express opinions, and the stock of company was warned of delisting risk according to relevant regulations, the company still has other applicable situations triggering “delisting risk warning” and “other risk warning”, and the company’s shares may continue to be superimposed to implement “delisting risk warning” and “other risk warning”. In accordance with the revised rules of Shanghai Stock Exchange and the withdrawal of other risks implemented in February 2021, the company has applied to the board of directors of Shanghai stock exchange for approval. Whether the delisting risk warning of the company’s shares can be revoked and other risk warnings need to be reviewed and confirmed by Shanghai Stock Exchange. Please pay attention to the investment risk.

According to the official website of Chengxing group, Chengxing group was founded in 1984. The core enterprise of the group’s phosphorus chemical industry – Jiangsu Chengxing Phosph-Chemical Co.Ltd(600078) (i.e. Jiangsu Chengxing Phosph-Chemical Co.Ltd(600078) ) is listed on the Shanghai Stock Exchange. It is a backbone enterprise in the production and sales of fine phosphorus chemicals in China.

According to the financial report data, Jiangsu Chengxing Phosph-Chemical Co.Ltd(600078) achieved an operating revenue of 3.333 billion yuan in 2021, with a year-on-year increase of 6.28%; The net profit attributable to shareholders of listed companies was 2.015 billion yuan, compared with a net loss of 2.301 billion yuan in the same period of last year (after adjustment).

According to the data, on May 18, Jiangsu Chengxing Phosph-Chemical Co.Ltd(600078) share price opened low and went high. As of the closing, it fell to the limit of 9.62 yuan.

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