news

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

on september 19, *st ningke staged a "ground-to-sky" market, with its stock price rising from the lower limit to the upper limit. but strangely, the company is currently plagued by negative news.most of the bank accounts of the company and its subsidiaries have been frozen, and they lack funds and liquid assets for debt repayment. the important subsidiary zhongke xincai is currently in a temporary suspension of production.。*st ningke's ability to continue operations faces serious negative impact and is ready for bankruptcyon september 6, zhongke xincai entered the reorganization process, and there is uncertainty as to whether the reorganization will be successful.

*st ningke recently stated on an investment interactive platform that the production resumption work is still in progress, and the trial production output is low, which is still a long way from the completion of the real resumption of work and production. whether the company can finally complete the resumption of work and production and achieve sustainable normal production and operation is still uncertain.

the trend of "ground-to-sky"

on september 19, *st ningke showed a "ground-to-ceiling" trend. as of the closing, the stock was priced at 2.11 yuan, with a turnover of 113 million yuan, an amplitude of 9.95%, a turnover rate of 8.24%, and 16,000 orders blocked.

it is worth noting that *st ningke has fallen into a situation where revenue has increased but profits have not. in the first half of 2024, the company achieved operating income of 113 million yuan, a year-on-year increase of 11.28%; net profit was -425 million yuan, a year-on-year decrease of 210.71%. from 2021 to 2023, the company has had negative net profits for three consecutive years.

however, in the secondary market, *st ningke’s stock was once hotly speculated. since august 7, the company’s stock has recorded 13 daily limit increases.

the semi-annual report shows that *st ningke's subsidiary zhongke xincai temporarily stopped production from february 7 to april 27 due to insufficient working capital. in order to assist zhongke xincai to resume production as soon as possible, the ningxia shizuishan huinong district government relief and assistance leading group coordinated investors to supplement 25 million yuan of relief funds to the relief platform chuangyan company. in addition, *st ningke, zhongke xincai and laiyang urban investment and its established relief platform qingning chemical signed the "relief and assistance cooperation agreement", and laiyang urban investment provided 45 million yuan of relief funds. zhongke xincai resumed small-scale trial production on april 28, with low output and insufficient production capacity. the production resumption work is still in progress, and the accumulated depreciation and other fixed expenses and financial expenses have resulted in losses.

on september 13, *st ningke stated on the investment interactive platform that the company's production resumption work is still in progress, the trial production output is low, and there is still a considerable gap from completing the true resumption of work and production.

multiple lawsuits

the announcement shows that *st ningke has not paid the basic pension insurance premiums from august 2022 to october 2023, medical insurance premiums from august 2023 to september 2023, work-related injury insurance premiums from august 2022 to october 2023, and unemployment insurance premiums from august 2022 to october 2023, with a total arrears of 9.29 million yuan in social insurance premiums. after the shizuishan huinong district taxation bureau of the state administration of taxation issued the "social insurance premium collection decision of the shizuishan huinong district taxation bureau of the state administration of taxation" to the company, it applied to the people's court of huinong district, shizuishan city, ningxia hui autonomous region for administrative non-litigation execution.

also,*st ningke was also sued by shareholders for false statements.

the announcement shows that *st ningke has failed to perform the "capital increase agreement" signed by jinan changyue new materials technology industry partnership (limited partnership) and zhongke new materials. since june 2023, a total of 81 shareholders including lin yunmei have filed lawsuits with the intermediate people's court of yinchuan city, ningxia hui autonomous region on the grounds of the company's securities false statement liability disputes, and the amount of compensation has reached 8,057,552.39 yuan.

the announcement stated that as of the date of disclosure of the announcement, the administrative non-litigation enforcement case of the shizuishan huinong district taxation bureau of the state administration of taxation was in the process of execution, and the final result was still uncertain. it is currently impossible to accurately judge the impact on the company's current or future profits; the company had previously set aside an estimated liability of rmb 3.9628 million for securities false statement liability disputes in accordance with relevant accounting standards and other regulations. the final accounting treatment and the amount affected shall be subject to the results confirmed by the audit of the accounting firm. given that this judgment is a first-instance judgment, the final result is still uncertain, and it is currently impossible to accurately judge the impact on the company's current or future profits.

as of now, the company's overall debt scale is 2.371 billion yuan, of which the total overdue debt scale is 1.754 billion yuan, and the scale of debt involved in litigation is 1.671 billion yuan.