Announcement on the progress of the disposal of assets by the holding subsidiary.
Release time:
2020-08-05
Securities Code: 600668 Securities Abbreviation: Jianfeng Group No.: Pro 2019-006
Bond Abbreviation: 13 Peak 02 Bond Code: 122344
Zhejiang Jianfeng Group Co., Ltd.
Progress Announcement on Disposal of Assets by Holding Subsidiaries
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and shall bear individual and joint liability for the authenticity, accuracy and completeness of its contents.
Overview of 1. Disposal of Assets
December 26, 2018 , the 8th meeting of the 10th Board of Directors of Zhejiang Jianfeng Group Co., Ltd. (hereinafter referred to as "the Company") passed the "Proposal on Disposal of Assets by Holding Subsidiaries". The Jinhuashan Tourism Economic Zone Management Committee (hereinafter referred to as the "Jinhuashan Economic Management Committee") and the company's holding subsidiary Zhejiang Jianfeng Cement Co., Ltd. (hereinafter referred to as "Jianfeng Cement") signed the "Agreement" to collect Jianfeng Cement's location in Jinhua Ten land use rights and other assets that were idle after the elimination of backward production capacity within the jurisdiction of the Tourism Economic Zone Management Committee, jinhua Mountain Economic Management Committee will compensate the land use right, buildings and structures on the land, seedling greening, etc., with a total compensation of 112 million yuan. For details, please refer to the Announcement on Disposal of Assets by Holding Subsidists (Pro 2018-032) disclosed by the Company on December 26, 2018.
2. Progress
On December 29, 2018 , Jianfeng Cement received the first 30% compensation 33.6 million yuan paid by Jinhua Mountain Economic Management Committee. On March 29, 2019, Jianfeng Cement received the second phase of 70% compensation 78.4 million yuan. So far, Jinhua Mountain Management Association has paid the full compensation to Peak Cement.
At present, Jianfeng Cement and Jinhua Mountain Economic Management Association are going through the procedures of asset transfer and cancellation of real estate certificate and land certificate. According to the agreement, after the Jinhua Mountain Management Association pays the above compensation, Peak Cement shall actively cooperate with the Jinhua Mountain Management Association to handle the cancellation of the property certificate and land certificate, and complete it within 6months after the agreement comes into effect.
Impact of 3. on the CompanyPeak Cement disposes of idle assets, improving the efficiency of the use of the Company's assets and further optimizing the Company's asset structure. At the same time, after the completion of all asset transfer and real estate certificate, land certificate cancellation procedures, will increase the peak cement asset disposal income of about 10050
yuan.
4. Risk AlertThe full compensation received by Peak Cement this time is the
phased progress of the above-mentioned asset disposal . According to the relevant provisions of the Accounting Standards for Enterprises, the revenue recognition still needs to complete all physical asset transfer and cancellation of real estate certificate and land certificate. There is still some uncertainty as to whether these procedures can be completed on schedule. Investors should pay attention to investment risks.
Zhejiang Jianfeng Group Co., Ltd.Board of Directors
April 1, 2019
More information
Peak re-listed China's top 100 cement production capacity Daye peak won the "smart factory leader"
On July 11-12, the 2022 China Cement Industry Summit and TOP100 Award Ceremony organized by China Cement Network, an authoritative media of China's cement industry, was held in Hangzhou. Jianfeng Group once again ranked among the top 100 cement clinker production capacity in China.
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On the afternoon of July 12, the party Committee of the group company held a special meeting attended by party Committee members, senior and middle-level management backbones, heads of grass-roots party organizations and all party members of the group headquarters to learn and convey the spirit of the 15th party congress of the communist party of China in Zhejiang province.
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On the morning of July 1, more than 40 members of the group's party committee, party members of various branches of the group headquarters, and party members of subordinate enterprise branches went to the Shuanglong Hydropower Station, the Red Education Base of Jinhua City, to receive party spirit and revolutionary tradition education.
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Vocational skill level identification examination!
On June 16 and 18, the theoretical and practical examinations for the determination of professional skill level in the peak pharmaceutical sector were held successively in Jinxi pharmaceutical factory. The independent identification of vocational skill level includes three occupations (types of work): pharmaceutical preparation worker, chemical inspector and organic synthesis worker, basically covering the main posts in the pharmaceutical sector, with a total of 125 employees signing up for the identification.
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On June 16, the Jianfeng Pharmaceutical Quality Research and Development Party Branch and the Jinhua Vocational Skills Management Service Center Party Branch held a signing ceremony in Jinxi Factory to establish a party building alliance.
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Jinhua Mayor Xing Zhihong to Peak Research
On the afternoon of June 1, Jinhua Mayor Xing Zhihong, Wucheng District Party Committee Secretary Gao Feng, District Mayor Hu Yuxian, and heads of the Municipal Economic and Information Bureau, Development and Reform Bureau and other departments went to the group headquarters to discuss and exchange with the leaders of the group company to understand the development of the enterprise. Solicit opinions and suggestions from enterprises on government work. After understanding the current business situation of the peak, Xing Zhihong pointed out that focus, follow the right path, frontier, steady, is the peak to long-term prosperity of the magic weapon, must continue to adhere.
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Contact Us
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Fax : +86-579-82324666
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