Shijiazhuang Changshan Beiming Technology Co.Ltd(000158) : progress announcement on disposal of idle and scrapped equipment

Securities Announcement No. – Shijiazhuang Changshan Beiming Technology Co.Ltd(000158) 20258 securities Announcement No. Shijiazhuang Changshan Beiming Technology Co.Ltd(000158)

Announcement on the progress of disposal of idle and scrapped equipment

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.

Shijiazhuang Changshan Beiming Technology Co.Ltd(000158) (hereinafter referred to as “the company”) held the third meeting of the eighth session of the board of directors and the second extraordinary general meeting of shareholders in 2021 on November 30, 2021 and December 16, 2021 respectively, and deliberated and adopted the proposal on the proposed disposal of idle and scrapped equipment. It is agreed that the company will transfer the above equipment through public listing through state-owned property rights trading institutions by means of classification and packaging with the evaluation value of 8.2655 million yuan determined in the evaluation report issued by Zoomlion Asset Evaluation Group Co., Ltd. on the equipment to be disposed of as the base price, The final transaction price and the transferee shall be determined according to the bidding results (see the announcement on the proposed disposal of idle and scrapped equipment (Announcement No.: 2021066) published in China Securities Journal, securities times and cninfo on December 1, 2021). As of the date of this announcement, all the above-mentioned equipment have been transferred through public bidding, and all the equipment disposal funds have been received. The details are as follows:

1、 Transaction progress

From December 27, 2021 to May 11, 2022, the company publicly listed the above disposal equipment in Hebei property market in three batches, and the final total transaction price was 13.013 million yuan. The company signed the asset transaction contract with the transferee based on the quotation result notice issued by Hebei property market Co., Ltd. the details are as follows:

Unit: 10000 yuan

Serial number equipment name original value net value evaluation value transaction price counterparty name

Target 1 front spinning workshop equipment 266.75 224.51 18.10 32.90 Wang Bin

Hebei Jianxing re

Target 2 finishing workshop equipment 241.68 203.41 16.73 35.40 biological resource recovery

limited company

Target 3 preparation workshop equipment 450582379229 106.23 220.00 Zhang Wei

Target 4 shumeite air jet loom 541266237436 101.12 332.00 Li Yufang

Other equipment

Target 5 bigano wide jet 781 Cinda Real Estate Co.Ltd(600657) 551 209.93 294.00 Zhang Hongzhen

Loom and other equipment

Target 6 jintianju 190 jet 376264316644 275.65 278.00 Xing Ruishan

Loom and other equipment

Subject 7 bigano 190 jet 852942717894 98.79 109.00 Dong Liming

Loom and other equipment

Total 30534972351546 826.55130130

None of the above counterparties has a related relationship with the company, and the transactions between the company and the above counterparties do not constitute related party transactions.

2、 Relevant instructions

As of May 18, 2022, the company has received all the disposal funds for the above equipment. The loss (after deducting taxes) caused by the transaction of idle assets is 2225508 million yuan, which is included in the profit and loss of the current year as the loss of asset disposal. As the above equipment has a corresponding deferred income balance of 235301900 yuan formed by asset related government subsidies, according to the relevant provisions of the accounting standards for Business Enterprises No. 16 – government subsidies (revised in 2017), the company will transfer the relevant deferred income balance into the current profit and loss while recognizing the loss of asset disposal. Therefore, this asset disposal will increase the company’s profit of 127511 million yuan this year, and the final impact amount shall be subject to the audit results of the accounting firm.

3、 Documents for future reference

1. Asset transaction contract; 2. Bank receipt. It is hereby announced.

Shijiazhuang Changshan Beiming Technology Co.Ltd(000158) board of directors may 20, 2022

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