More than 60 million shares of the new power of public auction are not announced! Here comes the supervision letter

Due to the delay in obtaining the shares auction The situation fulfills the obligation of trust, and New Power (300152) announced receipt on the evening of May 23 Shenzhen Stock Exchange Regulatory letter.

On April 11, 2024, New Power announced that the company learned through the national enterprise bankruptcy reorganization case information network that the Xuzhou court had ruled to declare the controlling shareholder of the company Xuzhou Fengli Environmental Protection Technology Co., Ltd. (hereinafter referred to as "Xuzhou Fengli") went bankrupt.

As of the announcement date, Xuzhou Fengli held listed company The number of shares is 121 million, accounting for 16.91% of the total capital stock of the company. The announcement said that the bankruptcy of Xuzhou Fengli might lead to changes in the company's control.

However, until April 30, New Power announced that it had received a letter of concern from Shenzhen Stock Exchange, GEM The company management department learned from open channels that the controlling shareholder of the listed company, Xuzhou Fengli, held 60097200 shares of New Power shares As bankruptcy liquidation has entered the stage of judicial auction, relevant auction information has been publicized on Alibaba asset platform, but the company has not disclosed relevant matters.

The letter of concern said that the relevant auction information had been announced on April 20, 2024, and the public bidding would be held from 10:00 on May 13, 2024 to 10:00 on May 14, 2024.

In this regard, the letter of concern requires New Power to explain the reason for not disclosing the matter, and to explain whether the company has timely written to relevant subjects to understand the progress of relevant matters, and whether the company and Xuzhou Fengli have deliberately concealed relevant matters and failed to timely perform the obligation of information disclosure.

New Power replied that on April 21, 2024, the company received the Notification on Public Auction of Some New Power Shares sent by the bankruptcy administrator of Xuzhou Fengli, and when receiving the notification, the company found that the bankruptcy administrator of Xuzhou Fengli had made the auction information public on the Alibaba auction platform. Due to the situation that the company has been connected to the Internet for many times and then withdrawn, the company has not disclosed in the form of public announcement of listed companies after considering the above situations.

In addition, New Power believes that the Announcement on the Bankruptcy of the Company's Controlling Shareholder Determined by the Court disclosed by the company on April 11, 2024 has included matters related to the asset disposal of Xuzhou Fengli (New Power shares), so the company believes that the company has fulfilled its credit obligations on the disposal of New Power shares. According to the relevant provisions, the auction results are disclosed in time stock right After the auction, the company will perform the disclosure obligation in a timely manner.

However, in the regulatory letter disclosed on the evening of May 23, the Exchange believed that New Power failed to perform its obligation of information disclosure on the auction of the above shares in a timely manner. The regulatory letter said that the above actions of New Power violated relevant regulations. The company is requested to pay full attention to the above problems, learn from them, and rectify them in time to prevent the recurrence of the above problems.

New Power's main products are energy-saving combustion ignition equipment and the use of combustion control system. After the performance in 2021 changed from profit to loss, the company's net profit continued to show a loss in recent years.

In this context, in the previous letter of concern from Shenzhen Stock Exchange, New Power was required to explain whether the identification of the company's actual controller had changed as of the date of the reply, and explain the company's business management decision-making mechanism and subsequent arrangements, board seats and subsequent adjustment arrangements after the bankruptcy liquidation of Xuzhou Fengli, as well as the impact of the bankruptcy liquidation of Xuzhou Fengli on the company's production, operation and financial status.

According to the latest announcement of the company on May 15, the auction of 60097200 shares of New Power (8.43% of the company's total capital stock) held by Xuzhou Fengli without restrictions on sales has been completed from 10:00 on May 13 to 10:00 on May 14 (except for the delay).

New Power said that after the completion of the judicial auction and the equity transfer, the proportion of shares held by the controlling shareholder Xuzhou Fengli in the listed company changed from 16.91% to 14.38%. This auction will not lead to changes in the company's control.