Announcement on the ruling of the Guangdong High Court rejecting the appeal of the controlling shareholder’s application for reorganization by creditors
Securities code: Tempus Global Business Service Group Holding Ltd(300178) securities abbreviation: ST tengbang Announcement No.: 2022100
Tempus Global Business Service Group Holding Ltd(300178)
Announcement on the ruling of the Guangdong High Court rejecting the appeal of the controlling shareholder’s application for reorganization by creditors
The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete without false records, misleading statements or major omissions. Special risk tips:
Tempus Global Business Service Group Holding Ltd(300178) (hereinafter referred to as “tengbang international” or “the company”), the controlling shareholder of tengbang Group Co., Ltd. (hereinafter referred to as “tengbang group”) received the (2022) Yue Po Zhong No. 41 Civil Ruling of Guangdong Provincial Higher People’s Court (hereinafter referred to as “Guangdong High Court”) on May 19, 2022, and lianriyao applied for bankruptcy reorganization appeal against the respondent tengbang group, The Guangdong high court will make a final ruling of “rejecting the appeal and upholding the original ruling”. Please invest rationally and pay attention to risks.
1、 Overview of the application for reorganization of controlling shareholders
On October 12, 2020, the company disclosed the suggestive announcement on the application for reorganization of the controlling shareholder by the creditor (Announcement No.: 2020130), and lianriyao filed a reorganization application against tengbang group with Shenzhen intermediate people’s Court of Guangdong Province (hereinafter referred to as “Shenzhen intermediate people’s court”).
On March 8, 2021, tengbang group, the controlling shareholder of the company, received the (2020) Yue 03 Po Shen No. 504, 505 and 507 decision of Shenzhen intermediate people’s court. Shenzhen intermediate people’s court decided to start the pre reorganization procedure for tengbang group and its subsidiaries tengbang Asset Management Group Co., Ltd. and tengbang Logistics Co., Ltd. for a period of three months, For details, please refer to the announcement on the court’s decision to start the pre reorganization of the controlling shareholder and appoint the manager during the pre reorganization period (Announcement No.: 2021030) disclosed by the company on March 9, 2021.
On December 15, 2021, tengbang group, the controlling shareholder of the company, received the civil ruling (2020) Yue 03 Po Shen No. 505 issued by Shenzhen intermediate people’s court. Shenzhen intermediate people’s court held that the reorganization value and feasibility of tengbang group were low, and the initiation of reorganization proceedings against tengbang group was not conducive to the protection of creditors and did not comply with the legislative value of bankruptcy reorganization system, The Shenzhen intermediate people’s court ruled that it would not accept the bankruptcy reorganization application filed by the applicant lianriyao against the respondent tengbang group. For details, please refer to the announcement that the application for reorganization of the controlling shareholder by the creditor has not been accepted by the court (public notice) disclosed by the company on December 16, 2021
Announcement on the ruling of the Guangdong High Court rejecting the appeal of the controlling shareholder’s application for reorganization by creditors
Report No.: 2021165).
On December 29, 2021, tengbang group, the controlling shareholder of the company, received the petition filed by lianri Guangyao from Shenzhen intermediate people’s court. The notice on the progress of the appeal filed by the shareholders of Guangdong Holding Co., Ltd. on December 16, 2021 and the notice on the progress of the reorganization filed by the creditors of Guangdong Holding Co., Ltd. (see the notice on the progress of the reorganization filed by Guangdong Holding Co., Ltd. on December 16, 202130 for details).
On April 19, 2022, tengbang group, the controlling shareholder of the company, received the (2022) Yue Po Zhong No. 41 notice of response from Guangdong high court. Guangdong High Court has accepted lianri Guangyao’s application for bankruptcy reorganization against the respondent tengbang group. For details, see the progress announcement on the application for reorganization by the controlling shareholder and the creditor disclosed by the company on April 20, 2022 (Announcement No.: 2022063).
2、 Progress of controlling shareholder’s application for reorganization
On May 19, 2022, tengbang group, the controlling shareholder of the company, received the civil ruling (2022) Yue Po Zhong No. 41 issued by Guangdong High Court, which ruled that the appeal was rejected and the original ruling was upheld. This ruling is final.
3、 Risk tips
1. As of the disclosure date of this announcement, tengbang group, the controlling shareholder, holds 107562023 shares of the company, accounting for 17.45% of the total share capital of the company. The number of Pledged Shares of the company held by tengbang group is 98906798 shares, accounting for 91.95% of the total shares of the company and 16.04% of the total share capital of the company; The number of shares of the company held by tengbang group under judicial freeze is 107562023, accounting for 100% of the total shares of the company and 17.45% of the total share capital of the company.
2. As of the disclosure date of this announcement, the unpaid equity transfer amount of tengbang group for the acquisition of the equity of Shenzhen Qianhai Rongyi microfinance Co., Ltd. (hereinafter referred to as “Rongyi”) from the company was 820 million yuan, and the amount of guarantee provided by tengbang group for Rongyi for the unpaid arrears of the company was 1.983 billion yuan. Please invest rationally and pay attention to risks.
3. The company and the controlling shareholder tengbang group maintain independence in terms of assets, finance and business. This matter will not have a significant impact on the company’s daily production and operation. Up to now, all production and operation activities of the company have been carried out normally.
4. The information disclosure media designated by the company is cninfo.com（ http://www.cn.info.com.cn. ）, all information of the company is subject to the information published in the above designated media. Please invest rationally and pay attention to risks.
Announcement on the ruling of the Guangdong High Court rejecting the appeal of the controlling shareholder’s application for reorganization by creditors
4、 Document for future reference (2022) Yue Po Zhong No. 41 civil ruling. It is hereby announced.
Tempus Global Business Service Group Holding Ltd(300178) board of directors
May 20, 2022
