Chunghsin Technology Group Co.Ltd(603996)
Securities code: 603996 securities abbreviation: * ST Zhongxin Announcement No.: pro 2022-010 Chunghsin Technology Group Co.Ltd(603996)
Announcement on abnormal fluctuation and risk warning of stock trading
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:
● Chunghsin Technology Group Co.Ltd(603996) (hereinafter referred to as "the company") the stock price of Chunghsin Technology Group Co.Ltd(603996) (hereinafter referred to as "the company") has decreased by 15% in total within three consecutive trading days on January 17, 2022, January 18, 2022 and January 19, 2022. According to the relevant provisions of the trading rules of Shanghai Stock Exchange, it belongs to abnormal fluctuation of stock trading.
● after self inspection by the company and verification with the controlling shareholder manager, as of the disclosure date of this announcement, there is no material information that should be disclosed but not disclosed.
● as of the announcement date, the company is still in the state of shutdown.
● as of the announcement date, the controlling shareholder is in the stage of bankruptcy liquidation. At present, part of the equity has been repaid with shares, and the shareholding ratio has decreased from 51.77% to 18.32%. The bankruptcy liquidation of the controlling shareholder may have an impact on the future equity structure of the company.
● the audited net profit of the company in 2020 is negative, the operating income is less than RMB 100 million, the audited net assets at the end of the period are negative, the financial and accounting report has been issued with an audit report that cannot express opinions, and the company's shares have been warned of delisting risk. According to the preliminary accounting of the company, the audited net profit of the company in 2021 may be negative, the operating income may be less than 100 million yuan, and the net assets at the end of the period may be negative. Meanwhile, through the preliminary communication between the company and the audit institution, the company's 2021 financial report may continue to be issued with non-standard audit opinions. According to the provisions of the stock listing rules of Shanghai Stock Exchange, the listing of the company's shares may be terminated by Shanghai Stock Exchange. Please pay attention to the investment risks.
● on June 4, 2020, the company received the notice of investigation from China Securities Regulatory Commission (hereinafter referred to as "CSRC") for suspected illegal information disclosure; June 28, 2021
Chunghsin Technology Group Co.Ltd(603996)
The company has received the advance notice of administrative punishment and market prohibition from the CSRC; As of the disclosure date of this announcement, the investigation of the CSRC is still in progress. The company will fully cooperate with the investigation of the CSRC and fulfill the obligation of information disclosure in time according to the progress of the investigation.
If the company is subject to administrative punishment by the CSRC due to the matters under investigation, and touches the situation of major illegal compulsory delisting stipulated in the stock listing rules of Shanghai stock exchange according to the facts determined by the administrative punishment decision, the company's shares will face the risk of major illegal compulsory delisting. For details, please refer to the relevant announcement information disclosed by the company on the designated information disclosure media. Please invest rationally and pay attention to the relevant risks.
1、 Details of stock trading (abnormal) fluctuations
The stock price of Chunghsin Technology Group Co.Ltd(603996) (hereinafter referred to as "the company") has decreased by 15% in total in three consecutive trading days: January 17, 2022, January 18, 2022 and January 19, 2022. According to the relevant provisions of the trading rules of Shanghai Stock Exchange, it belongs to abnormal fluctuation of stock trading.
2、 Relevant information concerned and verified by the company
(I) the production and operation are still in the state of shutdown, and there are no other changes.
(II) after the company's self-examination and verification with the manager and actual controller of the controlling shareholder of the company: as of the disclosure date of this announcement, the controlling shareholder of the company Shenzhen New Industries Biomedical Engineering Co.Ltd(300832) Group Co., Ltd. has no major information that should be disclosed but not disclosed involving the company, including but not limited to major asset restructuring, issuance of shares, acquisition of listed companies, debt restructuring, business restructuring Asset divestiture, asset injection, share repurchase, equity incentive, bankruptcy reorganization, major business cooperation, introduction of strategic investors and other major issues; There is no trading of company shares.
(III) media reports, market rumors and hot spot concept. After verification by the company, the company has not found any media reports or market rumors that may have a significant impact on the company's stock trading price, nor has it involved the concept of market hot spot. (IV) other share price sensitive information has been verified by the company. Except for the matters disclosed by the company, the company has not found any other major events that may have a great impact on the company's share price. The company's directors, supervisors, senior managers, controlling shareholders and their actual controllers have not bought or sold the company's shares during the abnormal fluctuation of the company's share trading.
Chunghsin Technology Group Co.Ltd(603996)
(V) the audited net profit of the company in 2020 is negative, the operating income is less than RMB 100 million, the audited net assets at the end of the period are negative, the financial and accounting report has been issued with an audit report that cannot express opinions, and the company's shares have been warned of delisting risk. According to the preliminary accounting of the company, the audited net profit of the company in 2021 may be negative, the operating income may be less than 100 million yuan, and the net assets at the end of the period may be negative. Meanwhile, through the preliminary communication between the company and the audit institution, the company's 2021 financial report may continue to be issued with non-standard audit opinions. According to the provisions of the stock listing rules of Shanghai Stock Exchange, the listing of the company's shares may be terminated by Shanghai Stock Exchange. Please pay attention to the investment risks.
(VI) on June 4, 2020, the company received the notice of investigation from China Securities Regulatory Commission (hereinafter referred to as "CSRC") on suspicion of illegal information disclosure; On June 28, 2021, the company received the prior notice of administrative punishment and market prohibition from China Securities Regulatory Commission; As of the disclosure date of this announcement, the trial of the CSRC is still in progress. The company will fully cooperate with the trial of the CSRC and fulfill the obligation of information disclosure in time according to the progress of the trial.
If the company is subject to administrative punishment by the CSRC due to the matters under investigation, and touches the situation of major illegal compulsory delisting stipulated in the stock listing rules of Shanghai stock exchange according to the facts determined by the administrative punishment decision, the company's shares will face the risk of major illegal compulsory delisting. For details, please refer to the relevant announcement information disclosed by the company on the designated information disclosure media. Please invest rationally and pay attention to the relevant risks. (VII) the capital occupied by the controlling shareholder and its related parties of the company is 852677100 yuan, the principal and its interest have not been returned, the illegal guarantee of the company has not been solved, and the guarantee residual value is 71.7563 million yuan. At present, the controlling shareholder Shenzhen New Industries Biomedical Engineering Co.Ltd(300832) group has entered the bankruptcy liquidation procedure, and the bankruptcy administrator has taken over the Shenzhen New Industries Biomedical Engineering Co.Ltd(300832) group and performed its duties on its behalf. Please investors to invest rationally and pay attention to relevant risks.
3、 Relevant risk tips
The information disclosure media and website designated by the company are Shanghai Securities News and the website of Shanghai Stock Exchange (www.sse. Com. CN), Relevant information shall be subject to the announcement disclosed by the company in the above designated media and websites. Please invest rationally and pay attention to investment risks.
4、 Statement of the board of directors and commitments of relevant parties
The board of directors of the company confirms that as of the disclosure date of this announcement, the company has not disclosed any matters that should be disclosed in accordance with the relevant provisions of the stock listing rules of Shanghai Stock Exchange or planning and consultation related to such matters
Chunghsin Technology Group Co.Ltd(603996)
The board of directors has not been informed of the information that the company should disclose but has not disclosed according to the relevant provisions of the stock listing rules, which has a great impact on the trading price of the company's shares and their derivatives; There is no need to correct or supplement the information disclosed by the company in the early stage.
It is hereby announced.
Chunghsin Technology Group Co.Ltd(603996) board of directors January 20, 2002
