SMM, January 10: today, Chengdu Huaze Cobalt and Nickel Materials Co., Ltd. announced the resignation of Qin Yifa, a director of the company. The announcement states that the Board of Directors of Chengdu Huaze Cobalt and Nickel Materials Co., Ltd. received a written resignation report from Mr. Qin Yifa, a director of the Company, on January 7, 2018, and that Mr. Qin Yifa resigned as a director from now on for personal reasons. Mr. Qin Yifa no longer holds any other position in the company after his resignation, and his resignation as a director will not result in a lower than the quorum of the board of directors of the company.
On May 24, 1999, Chengdu Taikang Chemical Fiber Co., Ltd. changed its name to Chengdu Juyou Taikang Network Co., Ltd. (hereinafter referred to as the company).
On October 9, 2013, the name of the company was changed from "Chengdu Juyou Network Co., Ltd." to "Chengdu Huaze Cobalt and Nickel Materials Co., Ltd.", the English name of which was changed from "Chengdu Unionfriend Network Co.,Ltd." Change to "Chengdu Huaze Cobalt&Nickel Material Co.,Ltd."
Its business scope includes the sale of non-ferrous metals and mineral products (except licensed business projects); Chemical products (except dangerous, easy to make drugs, monitoring chemicals), instruments, building materials, decoration materials, mechanical and electrical equipment and accessories, hardware Jiaodian, metal products, coke, machinery and equipment and accessories sales; Self-employed or acting for the import and export of all kinds of commodities and technologies (with the exception of commodities and technologies whose import and export are restricted or prohibited by the State); Engaged in feed processing and three to one supplement business. (except where the above scope of business is prohibited or restricted by national laws, administrative regulations or decisions of the State Council).
On July 14, 2017, the Sichuan Securities Regulatory Bureau issued a warning letter and ordered correction measures against Chengdu Huaze Cobalt and Nickel Materials Co., Ltd. The decision said the company had the following problems:
1. April 29, 2016, Chengdu Huaze Cobalt and Nickel Materials Co., Ltd. subsidiary Shaanxi Huaze Nickel Cobalt Metal Co., Ltd. (hereinafter referred to as Shaanxi Huaze) and another subsidiary, Ping an Xinhai Resources Development Co., Ltd. (hereinafter referred to as Ping an Xin Hai), Shaanxi Huajiang New Materials Co., Ltd. (hereinafter referred to as Huajiang New Materials), China Construction Bank Co., Ltd. Xi'an High-tech Industrial Development Zone Branch (hereinafter referred to as the High-tech Branch) and other relevant subjects signed the loan debt transfer Agreement (Jianshan loan (2016) No. 087, Hereinafter referred to as Agreement No. 87), the agreement stipulates that the 27.94 million yuan bank debt of Huajiang New Materials to the High-tech Branch shall be borne by Huaze, Shaanxi Province. The company disclosed the above matters on June 6, 2017 and did not disclose them in a timely manner.
2. on May 23, 2016, relevant subjects such as Huaze, Pinganxinhai, Huajiang New Materials, and High-tech Branch of Shaanxi signed the loan debt transfer Agreement (Jianshan Kaixue (2016) 105 debt transfer, hereinafter referred to as Agreement 105), and the relevant subjects, such as Huazawa, Pingan Xinhai, Huajiang New Materials, and High-tech Branch, signed the loan debt transfer Agreement. The agreement stipulates that the 32.88 million yuan bank debt of Huajiang New Materials to the High-tech Branch shall be borne by Huazawa, Shaanxi Province. The company disclosed the above matters on May 26, 2017 and did not disclose them in a timely manner.
3. agreement No. 87 stipulates that Ping an Xinhai and other relevant subjects shall provide guarantees for Shaanxi Huazawa to perform the above-mentioned 27.94 million yuan bank debt. Agreement No. 105 stipulates that Ping an Xinhai and other relevant subjects will guarantee the performance of the above-mentioned 32.88 million yuan bank debt by Shaanxi Huazawa. Shaanxi Huaze asset-liability ratio exceeded 70%, the company did not submit to the shareholders' meeting for consideration.
Agreement No. 87 and Agreement No. 105 stipulate that the amount of related party debt to be borne by you accounts for 2.22% and 2.62% of your company's audited net assets in the latest issue, respectively. the company did not disclose it in a timely manner. It violates articles 2 and 33 of the measures for the Administration of Information Disclosure of listed companies. In accordance with Article 59 of the measures for the Administration of Information Disclosure of listed companies, the company is now subject to the supervision and management measures of issuing warning letters.
The company did not submit the matter of Ping an Xinhai's guarantee to Shaanxi Huazawa to the shareholders' general meeting for consideration. It violates the first article of the notice on standardizing the external guarantee behavior of listed companies (SED (2005), Article 16 of the Company Law, the articles of Association and other relevant provisions.
SMM Yan Cedar