Securities code: 000007 securities abbreviation: * ST new Announcement No.: 2022-011 Shenzhen Quanxinhao Co.Ltd(000007)
Annual performance forecast for 2021
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.
1. Performance forecast period: January 1, 2021 to December 31, 2021
2. Expected business performance:
☑ Turning losses into profits □ rising in the same direction □ falling in the same direction
The same period of last year in the current fiscal year
Attributable to listed companies
Profit: 30 million yuan – 45 million yuan, loss: 122.9123 million yuan, net profit of shareholders deducting non recurring losses: 9 million yuan – 13.5 million yuan
Profit: 1459700 yuan. The net profit after profit increased by 516.56% – 824.85% over the same period of last year
Basic earnings per share: 0.0866 yuan / share – 0.1299 yuan / share loss: 0.3548 yuan / share
Operating income: RMB 200 million – RMB 21 million, RMB 45.1464 million
The operating income after deduction is 40 million yuan – 50 million yuan and 44.0565 million yuan
The end of the current fiscal year and the end of the previous year
Attributable to listed companies
Shareholders’ ownership rights: 74 million yuan – 109 million yuan, 64.4719 million yuan
benefit
2、 Communication with accounting firms
The data related to the performance forecast is the result of the preliminary calculation of the company’s financial department and has not been pre examined by the accounting firm. However, the company has made preliminary communication with the accounting firm on matters related to the performance forecast, and there is no major difference between the two sides.
3、 Description of performance changes
1. In 2020, the company’s net profit attributable to shareholders of listed companies was – 123 million yuan, and the net profit after deduction was 1459700 yuan, mainly due to the special provision of major receivables.
During the reporting period, the net profit attributable to the shareholders of the listed company was 30-40 million, and the net profit after deduction was 9-13.5 million. The performance changes are mainly due to the reduction of nearly 40 million yuan (bad debt reversal) in the payment required due to the execution settlement reached with Wu Haimeng and Wang Peiyan (see Announcement No.: 2021-091 on the progress of litigation cases disclosed by the company on December 7, 2021) and the increase of 10.65 million yuan in the accrued interest on case accounts payable in the current period, The above two items led to an increase of about 30 million yuan in non recurring profits and losses in the current period.
Amount of non operating profit of the project (10000 yuan)
Credit impairment loss decreased by 4000
Increase in credit impairment loss – 1065
Securities investment – 100
Other items 7
Total 2842
2. The deduction of operating income in the reporting period is about 160 million yuan, which is mainly the income of Jiangmen Duhe Paper Technology Co., Ltd. and Yancheng Xincheng Ford Automobile Sales Service Co., Ltd. newly added in the consolidation scope of this year, The deduction shall be made in accordance with article (I). 3 (income from new trade business in this fiscal year and the previous fiscal year) of the specific deduction item of Part IV of the guidelines for self discipline supervision of listed companies of Shenzhen Stock Exchange No. 1 – business handling.
4、 Risk tips
1. Uncertainty about performance
(1) Uncertainty of other receivables of Beijing Hongjun
The company and Beijing Hongjun Asset Management Co., Ltd. (hereinafter referred to as “Beijing Hongjun”) signed the agreement on relevant arrangements for the performance of the stock pledge contract, There is still uncertainty about whether it will eventually perform the contract (see Announcement No. 2021-097 on signing the agreement on performing the relevant arrangements of the stock pledge contract disclosed by the company on December 31, 2021).
As of January 17, 2022, the company has not received 118 million yuan of buyback fund units payable by Beijing Hongjun. At present, the company is discussing the repayment time with Beijing Hongjun, and relevant matters are under further negotiation
During the negotiation (see the announcement on the progress of the company’s participation in the foreign investment of M & a funds, Announcement No. 2022-005, disclosed by the company on January 18, 2022). There is still uncertainty about whether the amount can be recovered in the end. The above matters may have a significant impact on the company’s annual performance in 2021. After preliminary communication with the accounting firm, since the above matters need to be comprehensively judged according to the actual situation of the matter and the performance of the other party, the final result shall be subject to the annual audit accounting firm. By the end of 2021, the book value of the company’s receivables from Beijing Hongjun is about 100 million yuan. If the company fails to recover all or part of the payment, it will cause corresponding losses to the company, and the company’s finance will withdraw bad debt reserves.
(2) Uncertainty of impairment provision for Lian Weifei
The provision for impairment of Lian Weifei is affected by the agreement on the relevant arrangements for the performance of the stock pledge contract signed by Beijing Hongjun and the company, and depends on the progress of the agreement on the relevant arrangements for the performance of the stock pledge contract and whether Beijing Hongjun performs the contract, which is uncertain.
2. On April 29, 2021, the company disclosed its 2020 annual report. The audited net profit attributable to the shareholders of the listed company in 2020 was negative and the operating income was less than 100 million yuan. According to item (I) of article 9.3.1 of the Listing Rules of Shenzhen Stock Exchange (revised in 2022), The company’s shares have been subject to delisting risk warning since April 30, 2021.
According to article 9.3.11 of the Listing Rules of Shenzhen Stock Exchange (revised in 2022): after the listed company’s stock trading is subject to delisting risk warning due to the situation in items (I) to (III) of paragraph 1 of article 9.3.1, the exchange decides to terminate its stock listing and trading in the first fiscal year under one of the following circumstances:
(1) The audited net profit is negative and the operating income is less than 100 million yuan, or the net profit of the most recent fiscal year after retroactive restatement is negative and the operating income is less than 100 million yuan;
(2) The audited ending net assets are negative, or the ending net assets of the latest fiscal year after retroactive restatement are negative;
(3) The financial accounting report is issued with qualified opinions, unable to express opinions or negative opinions;
(4) Failing to disclose the annual report that more than half of the directors guarantee to be true, accurate and complete within the statutory time limit; (5) Although it meets the conditions specified in article 9.3.7, it fails to apply to the exchange for cancellation of delisting risk warning within the specified time limit;
(6) Because it does not meet the conditions specified in article 9.3.7, its application for cancellation of delisting risk warning has not been reviewed and approved by the exchange.
After the delisting risk warning is implemented for the company’s stock trading due to the situation in Item (IV) of paragraph 1 of article 9.3.1, if the situation in items 4 to 6 of the preceding paragraph occurs or the situation in Items 1 to 3 of the preceding paragraph occurs in the year next to the year corresponding to the delisting risk warning index, the bourse decides to terminate the listing and trading of its shares. If one of the situations mentioned in the above provisions occurs in 2021, the listing of the company’s shares will be terminated.
5、 Other relevant instructions
This performance forecast is the preliminary estimation result of the company’s financial department, and the specific financial data will be disclosed in detail in the company’s 2021 annual report. The information disclosure media designated by the company are securities times, Securities Daily, Shanghai Securities News and cninfo（ http://www.cn.info.com.cn. ）, please pay attention to investment risks.
It is hereby announced
Shenzhen Quanxinhao Co.Ltd(000007) board of directors
January 26, 2022
