Stimulated by the news of the layout of new energy, Zhengbang Technology (002157) has a daily limit of “one” on June 20, but this matter has also attracted the attention of the regulatory authorities. On June 20, the Shenzhen Stock Exchange issued a letter of concern to Zhengbang Technology on related matters. According to the disclosure announcement of Zhengbang Technology, the company has cooperated with Zhejiang Branch of State Power Investment Group Co., Ltd. (hereinafter referred to as “State Power Investment”) and signed a 40 billion yuan carbon neutrality agreement. In this regard, the Shenzhen Stock Exchange required Zhengbang Technology to combine its main business and explain in detail the background, purpose and specific cooperation method of this cooperation with SPIC, and whether it matches the company’s current development status and future development plans and many other issues.
Zhengbang Technology‘s “eat” letter of concern
On June 20, the Shenzhen Stock Exchange issued a letter of concern to Zhengbang Technology, raising many questions about the company’s layout of new energy.
It is understood that on June 18, Zhengbang Technology disclosed an announcement that the company signed an agreement with the State Power Investment Corporation. Within a year, the construction of ecological photovoltaic, wind power, distributed and centralized integrated smart energy is about 10 million kilowatts, and the total investment is expected to reach about 40 billion yuan.
In terms of cooperation content, SPIC makes full use of the roof resources of Zhengbang Technology and the natural endowment of solar energy to build an ecological energy project combining efficient agriculture and photovoltaic power generation; Zhengbang Technology supports SPIC to carry out the construction of centralized wind power and decentralized wind power projects. Coordinate support in resource allocation, project approval, grid access, etc.
Affected by the above news, Zhengbang Technology‘s daily limit of “one” on June 20, the daily limit price was 6.95 yuan per share, and the total market value was 21.87 billion yuan. Economist Song Qinghui told a reporter from Beijing Business Daily that new energy is one of the hottest industries at present, and deploying to this industry will boost the company’s stock price to a certain extent, which is also expected by the market.
It should be pointed out that Zhengbang Technology is a well-known large pig farmer in A-shares. For the above-mentioned layout, Shenzhen Stock Exchange requires Zhengbang Technology to combine the company’s main business and explain in detail the background, purpose and specific cooperation method of this cooperation with SPIC, and whether it matches the company’s current development status and future development plan.
In addition, the Shenzhen Stock Exchange required Zhengbang Technology to explain in detail the legal effect of the company’s agreement and the binding force on both parties, whether it stipulated the breach of contract clause and the breach of contract responsibility the breaching party should bear.
In fact, this is not the first time Zhengbang Technology has signed a strategic cooperation agreement. In the past three years, Zhengbang Technology has successively disclosed announcements that it has signed strategic cooperation agreements and cooperation agreements with Xiamen Jianfa Co., Ltd., Henan Shuanghui Investment Development Co., Ltd., and Rongtong Agricultural Development (Wuhan) Co., Ltd., etc.
The Shenzhen Stock Exchange has also paid attention to the above situation and asked Zhengbang Technology to list the follow-up progress of all framework agreements, cooperation agreements and intention agreements disclosed by the company in the past three years, including the company’s specific investment in relevant cooperation matters and project implementation. progress, obtaining orders and confirming revenue (if any), etc. If there is no substantial progress, please explain the specific reasons and whether there is any difference from the previous announcement.
A huge loss of nearly 19 billion in 2021
Affected by the low price of live pigs, listed pig companies in 2021 will have a bleak operation, and Zhengbang Technology is no exception, with a huge loss of nearly 19 billion yuan in net profit that year.
Financial data shows that in 2021, Zhengbang Technology will achieve an attributable net profit of about -18.82 billion yuan.
Under the loss of performance, Zhengbang Technology also experienced the overdue commercial acceptance bill in June this year.
On June 9, Zhengbang Technology disclosed an announcement saying that due to the impact of the pig cycle, the company and its subsidiary Jiangxi Zhengbang Breeding Co., Ltd. recently had some commercial bills overdue due to tight liquidity. As of the announcement date, the balance of overdue and unpaid A total of 542 million yuan.
At that time, Zhengbang Technology stated that the company will continue to actively negotiate with creditors to properly handle the overdue non-payment of relevant commercial papers, which may face risks such as litigation and arbitration due to the above-mentioned overdue.
For the new energy deployment, the Shenzhen Stock Exchange also questioned the capital of Zhengbang Technology.
In the letter of concern, the Shenzhen Stock Exchange asked Zhengbang Technology to explain the company’s obligations in this cooperation, the expected asset scale or investment amount (if necessary), and the possible impact of this cooperation on the company.
In addition, the Shenzhen Stock Exchange requires Zhengbang Technology to explain whether the company has financial conditions and other conditions that are not sufficient to support the development of related projects, based on the company’s current production and operation conditions, liquidity conditions, and the source of funds (if applicable) required for this cooperation.
According to the data, as of the end of the first quarter of this year, Zhengbang Technology had about 3.073 billion yuan in monetary funds. In response to related issues, a reporter from Beijing Business Daily called the Office of the Secretary of the Board of Directors of Zhengbang Technology for an interview, but no one answered.
Finally, the Shenzhen Stock Exchange also requested Zhengbang Technology to analyze and explain whether there are any inconsistencies in this cooperation based on the replies to the above questions, the negotiation progress of this cooperation, the development progress of related projects, and the review procedures or approval procedures to be performed in this cooperation. Certainty.
Beijing Business Daily reporter Ma HuanhuanReturn to Sohu, see more
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