21st Century Business Herald reporter Ye Bihua intern Zhao Jingxuan reported from Guangzhou
One year after being “*ST”, Guangzhou Langqi is about to “take off the star”.
On the evening of May 24, *ST Langqi (000523.SZ) announced that the company’s shares will be suspended for one day on May 25, 2022, and will resume trading from May 26, and the delisting risk warning and other risk warnings will be withdrawn. . At present, Guangzhou Langqi’s application to the Shenzhen Stock Exchange for withdrawing the delisting risk warning and other risk warnings has been approved by the Shenzhen Stock Exchange. The stock abbreviation will be changed from “*ST Langqi” to “Guangzhou Langqi”, the stock code will still be “000523”, and the daily limit of the stock price will be changed from “5%” to “10%”.
The announcement stated that Guangzhou Langqi received the “Civil Ruling” served by the Guangzhou Intermediate People’s Court on December 23, 2021, ruling to confirm that the “Guangzhou Langqi Industrial Co., Ltd. Reorganization Plan” was completed and the company ended bankruptcy. Reprogram. “The shareholders’ equity attributable to the parent company has changed from negative to positive, and the asset-liability ratio has been reduced to 62.21%, which has better improved the company’s financial situation.” * ST Langqi said that since the company’s reorganization plan has been completed, the company’s stock The situation of being issued a delisting risk warning due to the legal acceptance of the reorganization application in the early stage has been eliminated.
According to the 2021 annual audit report issued by Guangdong Zhongzhixin Certified Public Accountants, as of the end of 2021, *ST Langqi’s net assets attributable to shareholders of listed companies were 1.04 billion yuan. The annual report shows that last year, *ST Langqi’s operating income was 2.586 billion yuan, a year-on-year decrease of 22.01%; the net profit attributable to the parent was 1.455 billion yuan, compared with a loss of about 4.716 billion yuan in the same period last year, turning losses into profits.
Guangzhou Langqi, once one of the three giants of washing powder in China, will be tested in 2020. On September 27, 2020, Guangzhou Langqi announced that the inventory goods with a book value of 572 million yuan may have problems such as risks.
In December 2020, Guangzhou Langqi was administratively punished by the Guangdong Securities Regulatory Commission for financial fraud and imposed a fine of 4.5 million yuan. The company entered bankruptcy and reorganization procedures. On April 30 this year, *ST Langqi released the “2022 Non-Public Issuance of A Shares Plan”, which plans to raise no more than 600 million yuan at an issue price of 2.69 yuan per share to supplement working capital. Guangzhou Light Industry Group, a state-owned enterprise, will subscribe for all shares in the issuance in cash.
It is worth mentioning that the Langqi bankruptcy reorganization case is the first bankruptcy reorganization case of a listed company in Guangzhou. The Guangzhou Municipal Government took the lead in setting up a liquidation team as the administrator. The draft reorganization plan was approved by the creditors meeting and the investor meeting. 97% and 98% of the pass rates are supported by high votes, and the debt settlement rate is 100%.
It is reported that Guangzhou Langqi has suspended the chemical bulk trade business since the company’s problems. At present, Guangzhou Langqi focuses on green daily chemicals and healthy food, namely the three business sectors of daily chemicals, sugar refining and beverages. The financial report shows that the company’s comprehensive revenue in 2021 will increase by 16.70% year-on-year, and in the first quarter of 2022, the comprehensive revenue will increase by 27.54% year-on-year. %. Guangzhou Langqi mentioned in the “Announcement on Reply to the Inquiry Letter of the Shenzhen Stock Exchange”, “After stopping the risky trade sector business, the company does not have the trend and risk of further decline in operating income.”
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