The original controlling shareholder of Senyuan Electric was criticized by the Shenzhen Stock Exchan

Mondo Education Updated on 2024-01-31

China Net Finance, December 27 (Reporter Wei Guoxu) The Shenzhen Stock Exchange announced yesterday that it would criticize Henan Senyuan Group (hereinafter referred to as Senyuan Group) and Henan Senyuan Heavy Industry (hereinafter referred to as Senyuan Heavy Industry) for failing to fulfill its performance compensation commitments in accordance with the publicly disclosed profit compensation agreement.

According to the report, according to the disclosure of Senyuan Electric, Senyuan Environment's cumulative net profit attributable to the parent company after deducting non-recurring profits and losses in 2019, 2020 and 2022 is 20.5 billion yuan, and the completion rate of performance commitments was 8303%。According to the compensation agreement, Senyuan Group and Senyuan Heavy Industry should compensate Senyuan Electric for a total of 93.62 million yuan, and Senyuan Group and Senyuan Heavy Industry should each compensate 46.81 million yuan. Up to now, Senyuan Group and Senyuan Heavy Industry have not fulfilled their performance compensation commitments in accordance with the publicly disclosed profit compensation agreement.

In 2019, Senyuan Electric announced cash 55.2 billion yuan to purchase all the shares of Henan Senyuan Urban Environmental Technology Service held by Senyuan Group and Senyuan Heavy Industry, Senyuan Group and Senyuan Heavy Industry promised that the net profit attributable to Senyuan Environment in 2019, 2020 and 2021 after deducting non-recurring profits and losses will not be less than 05.3 billion yuan, 08 billion yuan, 11.4 billion yuan, a total of not less than 24.7 billion yuan. Since then, the performance commitment period has been changed to 2019, 2020, and 2022.

Senyuan Group is the original controlling shareholder of Senyuan Electric. According to Senyuan Electric, in April this year, after judicial auction, the company's controlling shareholder has been changed to Henan Hongsen Rongyuan Enterprise Management Partnership (Limited Partnership), and the actual controller has been changed to Henan Provincial Department of Finance. After the change, Senyuan Group holds 60050,000 shares**, representing 065%。

It is worth mentioning that at the beginning of this month, Senyuan Group was administratively punished by the Securities Regulatory Commission for manipulating Senyuan Electric, and a fine of more than 600 million yuan was confiscated.

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