Securities code: 600146 securities abbreviation: * ST global Announcement No.: pro-2022-005 Shangying Global Co.Ltd(600146)
Announcement on receiving the inquiry letter on matters related to Shangying Global Co.Ltd(600146) performance forecast from Shanghai Stock Exchange
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.
Shangying Global Co.Ltd(600146) (hereinafter referred to as “the company”) received the inquiry letter on matters related to Shangying Global Co.Ltd(600146) performance forecast issued by Shanghai Stock Exchange on January 21, 2022 (szgh [2022] No. 0045, hereinafter referred to as “the inquiry letter”). The full text of the inquiry letter is as follows: Shangying Global Co.Ltd(600146) :
On January 21, 2022, your company submitted an annual performance loss announcement, saying that the operating income in 2021 was 134945300 yuan, the operating income after deduction was 134945300 yuan, the net profit attributable to the parent was -42432990 yuan to -282886600 yuan, and the non net profit deducted was -457186700 yuan to -304791200 yuan. In view of the significant impact of the company’s financial data in 2021 on the termination of the listing of the company’s shares, in accordance with Article 16.1 of the stock listing rules of the exchange and other relevant provisions, your company is hereby requested to further verify and supplement the disclosure of the following matters.
1、 The company is requested to explain the recognition policies and basis of various types of income in combination with the business model, operation and sales contract terms of relevant businesses, whether there is any situation in which income is recognized without meeting the conditions for income recognition, and whether it complies with the provisions of the accounting standards for business enterprises.
2、 The company is requested to supplement and disclose whether the relevant businesses have complete input, processing process and output capacity, whether they can independently calculate their costs and expenses and the income generated in accordance with the relevant provisions of the guidelines for self discipline supervision of listed companies on Shanghai Stock Exchange No. 2 – Financial delisting indicators: operating income deduction (hereinafter referred to as operating income deduction); Under this business model, whether the company can provide processing or conversion activities for products or services, so as to improve the value of products or services, fully explain whether the relevant business income belongs to the “income generated by businesses that have not formed or are difficult to form a stable business model”
3、 The announcement shows that the company’s garment factory in central and North America will return to normal and stable production in 2021. The company is requested to make supplementary disclosure: (1) the historical evolution, ownership structure and main financial status of the garment factory; (2) The specific situation of production stagnation in the early stage and production recovery in the current period, the specific state of current production equipment, and whether the conditions for restarting production capacity are met; (3) The capacity, capacity utilization, output, number of employees, employee compensation, etc. of the garment factory in the past three years are listed by category in the form of data, charts, etc.
4、 The company is requested to disclose the names of the top five customers and suppliers, sales and procurement amount, proportion, product name and type, settlement cycle and method, capital inflow, goods flow, etc., and to explain whether there is any association relationship and other business transactions between the company and the top five suppliers, the top five customers and their final sales customers, the top five suppliers Whether the customer has business or large capital transactions with the controlling shareholders and their related parties of the company, whether there is any non related transaction, and whether it complies with the provisions of “operating income deduction”: “income from related transactions unrelated to the existing normal business of the listed company.” 5、 Please explain the new customers in 2021 in combination with the deduction of relevant business income of new customers Himalayas Inc in 2020, including but not limited to name, historical evolution, main financial status, products involved, transaction time, transaction amount, settlement as of the end of the period, etc, And whether the relevant new business income of the current fiscal year and the previous fiscal year has been deducted in accordance with regulations;
6、 Please explain the reason and rationality of the substantial increase in operating revenue in the second half of the year in combination with the actual sales quantity and price of various products, and whether it conforms to the seasonal law of the industry;
7、 The company is requested to state whether the relevant business of the company is a new trade business, whether the transaction price is fair, and whether there is any situation unrelated to the main business or without commercial substance in accordance with the relevant provisions of operating income deduction one by one. Please fully remind the company of the possible risks of delisting.
8、 Up to now, your company has not hired the 2021 annual audit accountant. Your company should attach great importance to the preparation and disclosure of the company’s 2021 annual report, hire an annual audit accountant as soon as possible and actively cooperate, disclose the annual report on schedule, and ensure that the information disclosure is true, accurate and complete. The annual audit accountant shall strictly abide by the audit standards and other relevant rules and requirements, maintain reasonable professional doubt, formulate necessary, feasible and targeted audit plans and procedures, record relevant matters in detail, strictly perform the quality control review system, issue appropriate audit conclusions, and prudently express special opinions on the deduction of the company’s income. In addition, according to the relevant requirements of self regulatory guidelines No. 2 – business handling of Shanghai Stock Exchange, after the company hires an annual audit accountant, the annual audit accountant shall supplement the company’s special instructions on eliminating the pre audit.
9、 If the company is suspected of failing to deduct the operating income in accordance with the regulations to avoid the termination of listing, our department will timely request to start on-site inspection and other regulatory measures after the disclosure of the company’s 2021 annual report, and impose disciplinary sanctions on the company and relevant responsible persons. If, according to the final on-site inspection results, the company touches on the situation of termination of listing after deducting relevant effects, the bourse will make a decision on the company’s termination of listing in accordance with laws and regulations. Please fully remind the company of relevant risks.
Please disclose this letter to the public immediately after receiving this letter and reply to our department in writing within 5 trading days. The board of directors of your company shall be diligent and responsible, implement the requirements of this letter on time, timely perform relevant information disclosure obligations and protect the rights and interests of investors
The company attaches great importance to the questions raised in the inquiry letter, and will organize relevant parties to verify the relevant situation, prepare reply documents and fulfill the obligation of information disclosure on time according to the requirements of the inquiry letter as soon as possible. Please pay attention to and pay attention to the investment risk in time.
It is hereby announced.
Shangying Global Co.Ltd(600146) January 24, 2022
