In response to the news that Guanghui Holdings intends to withdraw from the restructuring of *ST Bikang, the staff of the company's securities department replied to china securities journal that it had not received the notice that Guanghui Holdings withdrew from the restructuring plan, and the restructuring proceeded normally.
The stock price fell for two consecutive days.
In response to the stock price decline for two consecutive days, the above-mentioned staff said that the continuous decline in stock price has a certain relationship with the company's divestiture of new materials business. The company spun off the new materials business and sold it, and then stopped doing the new materials business. But this matter needs to be approved by the shareholders' meeting before it can be implemented.
165438+1On the evening of October 23rd, *ST Bikang announced the sale of shares of Kyushu Interstellar Technology Co., Ltd. The announcement showed that the company held the 43rd meeting of the 5th Board of Directors and the 35th meeting of the 5th Board of Supervisors on October 23rd, 2022, and the meeting reviewed and approved the "On the sale of Kyushu Interstellar Technology Co., Ltd." Jiujiujiu Technology, a holding subsidiary of the company, intends to sell its 0/00% equity of Kyushu Interstellar/KLOC-to Nanjing, with a total consideration of 265,438+billion yuan. This transaction does not constitute a connected transaction. The equity price transferred in this transaction is determined on the basis of the asset appraisal report issued by an appraisal institution with appraisal qualification. The base date is June 30th, 2022, and the appraised value of all shareholders' equity of Kyushu StarCraft as of the base date is 265,438+0,074, 970 yuan.
Kyushu Interstellar new material product is ultra-high molecular weight polyethylene fiber, which is widely used in the downstream and is being further expanded. It can be mainly used in safety protection, home textiles, national defense and military supplies, and also used in aerospace composite materials, ocean-going ships, naval ship ropes, ocean-going trawls, deep-sea anti-wind and wave cages, sporting goods and equipment, construction engineering reinforcement and other high-performance composite materials.
According to the announcement, Kyushu StarCraft's operating income from June to June 2022 was about 474 million yuan, and its net profit was about 82.8446 million yuan. By June 30, 2022, the company's total assets were about 65.438+48.6 million yuan, and its net assets were about 65.438+36.5 million yuan.
Received a letter of concern from the exchange
For the reason of selling Kyushu Interstellar, *ST Bikang said that in order to solve the company's overdue debts, ease the financial pressure, improve the financial situation, resolve operational risks and maximize shareholder value. This transaction still needs to be submitted to the company's shareholders' meeting for consideration and approval.
According to the announcement, the 43rd meeting of the fifth board of directors of the company decided to hold the sixth extraordinary shareholders' meeting in 2022 at 65438 on February 9, 2022 to review the Proposal on Selling the Equity of Kyushu Star Technology Co., Ltd. ..
165438+1On the evening of October 24th, Shenzhen Stock Exchange sent a letter of concern to *ST Bikang. Shenzhen Stock Exchange requires the company to analyze the influence of Kyushu Star on the company's production, operation and financial statements in combination with the establishment purpose, operation status and assets status, and explain the reasons for the equity transfer of Kyushu Star, the pricing basis and rationality of this transaction, and whether there is any situation that harms the interests of listed companies. Explain the relevant accounting treatment and basis of this equity transfer, and the amount of influence on the company's net profit and net assets in 2022. Combined with the rights and obligations of Kyushu StarCraft and the risk transfer arrangement, this paper explains the risk factors that affect the progress of this equity sale and fully prompts the relevant risks.
The letter of concern also shows that according to the company's third quarterly report, *ST Bikang is currently involved in many litigation cases, and some assets have been seized and frozen. The Shenzhen Stock Exchange requires the company to explain whether the above situation will cause obstacles or adverse effects on this equity transfer, whether the litigation and arbitration involving Jiujiu Technology and Kyushu Interstellar will require the company to bear joint or other responsibilities after this equity transfer, and whether it will have adverse effects on listed companies.
* The third quarterly report released by ST Bikang shows that the company achieved a total operating income of about 610.70 billion yuan in the first three quarters, a year-on-year increase of10.36%; The net profit attributable to shareholders of listed companies was about 305 million yuan, down 50.05438+0% year-on-year. In the third quarterly report, it was also disclosed that the company received a letter of notification from the controlling shareholder Xinyi Bikang on August 12, 2022, and learned that the controlling shareholder Xinyi Bikang had signed a reorganization investment intention agreement with relevant investors, and the company was paying close attention to the progress of bankruptcy reorganization of the controlling shareholder.
According to the company's previous announcement, Xinyi Bikang, the controlling shareholder of *ST Bikang, signed the Reorganization Investment Intention Agreement for 42 companies including Xinyi Bikang New Pharmaceutical Industry Complex Investment Co., Ltd. with Guanghui Holdings on August 12, 2022. According to the agreement, Guanghui Holdings intends to undertake the debts confirmed by the manager of Xinyi Bikang, and pay off the debts to the relevant creditors in accordance with the provisions of the reorganization plan and other agreements with the relevant creditors.
In response to the news that Netcom Guanghui Holdings intends to withdraw from the reorganization of *ST Bikang 165438+,1October 25th, the staff of *ST Bikang Securities Department replied to china securities journal that it had not received the notice that Guanghui Holdings withdrew from the above reorganization plan, and the reorganization proceeded normally.