Securities code: 600965 securities abbreviation: Fortune Ng Fung Food (Hebei) Co.Ltd(600965) Announcement No.: 2022-002 Fortune Ng Fung Food (Hebei) Co.Ltd(600965)
Stock trading risk warning announcement
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
Important content tips:
The stock of Fortune Ng Fung Food (Hebei) Co.Ltd(600965) (hereinafter referred to as “the company”) rose again on January 14, 2022. As of the date of this announcement, the company’s stock has increased significantly in the past three days. At present, the company’s fundamentals have not changed significantly, and there is no major information that should be disclosed but not disclosed. Please pay attention to the transaction risk of the secondary market and invest rationally.
Recently, the company’s shares have increased significantly. The company has disclosed the announcement on abnormal fluctuations in stock trading (Announcement No.: 2022-001) on January 14, 2022. On January 14, 2022, the company’s shares rose again. In view of the large fluctuation of the company’s stock price in the short term, the relevant matters and risks are described as follows: I. tips on trading risks in the secondary stock market
As of the date of this announcement, the company has raised the limit for three consecutive trading days, and the deviation of the closing price increase of the company’s shares for three consecutive trading days has reached 34.53%. The company’s short-term share price has increased greatly. Please pay attention to the trading risks in the secondary market, make rational decisions and invest prudently.
2、 Relevant information concerned and verified by the company
(I) production and operation
Through self inspection, the company’s current production and operation is normal, and there is no significant change in its daily operation. Market environment and industrial policies have not been significantly adjusted, and production costs and sales have not fluctuated significantly. The company’s internal production and operation and relevant orders and contracts are normally performed.
(II) major events
Through self-examination and written consultation and verification with the controlling shareholder and actual controller of the company, the company, the controlling shareholder and the actual controller have no major positive information that should be disclosed but not disclosed by the company, including but not limited to major asset restructuring, share issuance, acquisition, debt restructuring, business restructuring, asset stripping, asset injection, share repurchase Equity incentive, bankruptcy reorganization, major business cooperation, introduction of strategic investors, etc.
(III) media reports, market rumors and hot concepts
After verification, the company did not find any media reports or market rumors that had an impact on the company’s stock trading price, nor did it involve hot concept matters.
(IV) other stock price sensitive information
After verification, the directors, supervisors, senior managers, controlling shareholders and actual controllers of the company did not buy or sell the company’s shares during the abnormal fluctuation of shares. In addition, the company has not found any other major events that may have a great impact on the company’s stock price.
3、 Other risk tips
(I) uncertain risk of subsidiaries being filed
The company disclosed the announcement on filing arbitration (Announcement No.: 2021-026) and the announcement on filing investigation of holding subsidiaries (Announcement No.: 2021-038) on July 7, 2021 and October 22, 2021 respectively.
On November 10, 2018, the company signed the capital increase and equity transfer agreement (hereinafter referred to as the “investment agreement”) with Zeng Panfeng and Zeng Xinjin, the former shareholders of Hunan Shaoshan tiandefudi cemetery Co., Ltd. (hereinafter referred to as “tiandefudi”). In 2020, the net profit attributable to the parent company after deducting non recurring profits and losses did not meet the performance commitment agreed in the investment agreement. According to the investment agreement, the amount to be compensated to the company is 35193184.98 yuan, and the company has not received any form of compensation from the original shareholders so far. In 2021, according to the relevant provisions of the investment agreement, the company entrusted Beijing Tianyuan law firm to submit the arbitration of Zeng Panfeng and Zeng Xinjin to China International Economic and Trade Arbitration Commission (2021 China trade Zhongjing Zi No. 049329).
On September 27, 2020, Shaoshan Public Security Bureau received a report from Zeng Panfeng, the legal representative and chairman of tiandefudi, saying that Zeng Congyu, the person in charge of tiandefudi’s operation, forged the company’s seal and illegally signed the contract since June 2020. After that, tiandefu received the decision on filing a case (copy) issued by Shaoshan Public Security Bureau. The above cases have not been completed, and the subsequent impact on the company is uncertain.
(II) risks of the company’s operating performance
By the end of the third quarter of 2021, the company’s operating revenue was 984 million yuan, an increase of 28.66% over 2020; The net profit attributable to the parent company was 148 million yuan, an increase of 69.69% year-on-year in 2020. At the end of the third quarter of 2021, the operating revenue decreased by 12.30% year-on-year in 2019; Net profit attributable to parent decreased by 7.50%. From the perspective of financial data, 2021 has increased year-on-year compared with 2020, but it still has not recovered to the level before the epidemic in 2019.
(III) relevant risk tips
The board of directors of the company reminds the majority of investors to use the newspapers designated by the company for information disclosure, such as China Securities News, Shanghai Securities News, Securities Daily, securities times and the website of Shanghai Stock Exchange（ http://www.sse.com.cn. ）The published announcement information shall prevail. The company will do a good job in information disclosure in strict accordance with the provisions and requirements of relevant laws and regulations.
Please invest rationally and pay attention to investment risks.
It is hereby announced.
Fortune Ng Fung Food (Hebei) Co.Ltd(600965) board of directors January 15, 2002
