Guoneng battery joins listed companies to form joint venture company

Guoneng battery joins listed companies to form joint venture company
The leading photovoltaic company GCL-Integrated has continued to expand recently.In late March, GCL Integrated announced that it planned to establish a joint venture with Guoneng Battery Holdings’ subsidiary to fully undertake the 5G integrated energy system business.Sauna and Yewang learned that GCL’s current partner, Guoneng Battery, is currently operating at a disadvantage and is basically in a state of suspension. At the same time, there are a large number of outstanding lawsuits and are listed as untrustworthy executors (commonly known as Lao Lai).On the afternoon of April 1, the reporter called Guoneng Battery, but the call was not connected.The partner’s performance growth rate last year has basically stopped production. GCL Integrated announced a few days ago that the company and Beijing Guoneng Battery Technology Co., Ltd. (hereinafter referred to as “Guoneng Battery”) holding subsidiary Jiangxi Province Keneng on March 25, 2020.Weida Energy Storage Battery System Co., Ltd. (hereinafter referred to as “Koneng Weida”) signed the “Intent of Investment Cooperation” and plans to establish a joint venture company, Jiangsu Xiexin Cloud Storage Technology Co., Ltd. (the name is subject to industrial and commercial registration, hereinafter referred to as “joint venture company”)), Comprehensively undertake the integration of GCL ‘s 5G integrated energy system business in base station energy storage, mobile energy, optical storage and charging systems, etc., while taking advantage of Kenon Weida ‘s existing flexible packaging iron-lithium battery manufacturing capabilities to achieve upstream materials and batteriesManufacturing, PACK system integration, system design, product sales, energy management, and 5G comprehensive energy life cycle management from raw materials to electrical energy management.According to the announcement, the joint venture company is planned to hold 55% and 45% of shares by GCL-Integrated and Kenon Weida, respectively.According to this partner, Keneng Weida, according to the GCL integration announcement, it was established in 2016 with a registered capital of 1.US $ 500 million, a subsidiary of National Energy Battery Holdings, a large energy storage battery company based in Jiangxi, relying on the advanced high-performance lithium-ion battery manufacturing process technology of National Energy Battery.Industrial and commercial information shows that Guoneng Battery has a total of 22 shareholders, of which natural person Guo Wei holds 36 shares.61%, China Life Insurance Co., Ltd. holds 12 shares.38%, Shenzhen Kelu Electronic Technology Co., Ltd. holds 11 shares.86%, Ningbo Weineng Asset Management Center (Limited Partnership) holds shares.48%, and the remaining shareholders hold less than 5%.The major shareholder Guo Wei is also the legal representative, chairman and manager of Guoneng Battery.Obviously, the current status of the state-of-the-art battery business is not optimistic.The 2019 performance announcement released by Kelon Electronics, a shareholder of Guoneng Battery in January, revealed that the impact of factors such as the blocked liquidity of Guoneng Battery, which is a shareholding company of Kelu Electronics, has greatly increased its operating performance in 2019 and is basically in a state of suspension of production.At the same time, there are a large number of pending lawsuits, and there is uncertainty in the sustainable operation capacity of Guoneng Battery. According to the relevant provisions of the enterprise accounting standards and based on the principle of prudence, Kelu Electronics intends to accrue asset impairment provisions for the balance of Guoneng Battery’s equity investmentAbout 2.300 million yuan.In a response to the Shenzhen Stock Exchange’s letter of concern in late March, Kelu Electronics further stated that the state of the national energy battery said that since 2019, due to the influence of the industry environment and excessive competition, the business volume of the national energy battery has increased significantly, and the national energy battery cannotCompletion of the performance required by the institution ‘s investment triggered Guo Wei ‘s actual controller Guo Wei ‘s obligation to repurchase the equity of the investment institution.Due to the large amount of capital investment in the battery industry, affected by the industry in 2019, Guoneng Battery has no new investors to enter and has been unable to continue to repay, leading to problems in the operation of Guoneng Battery, the stagnation of the operation of Guoneng Battery, Guoneng Battery and the actualThe controller Guo Wei blocked a large number of lawsuits.It is reported that due to the fact that the production and operation turnover is basically at a standstill, the main executives of Guoneng Battery (such as the financial controller, the secretary of the board of directors, and the marketing director) have all resigned one after another; due to the reduction of funds and other factors, Guoneng battery has many cases involving the lawThere are 34 unsettled cases that have been judged and have been listed as untrustworthy companies announced by the Supreme People’s Court; two subsidiaries of Guoneng Battery Investment, Henan Guoneng Battery Co., Ltd., Wuxi Fengsheng Technology Co., Ltd., and one joint-stock company, BeijingShanshan Kaili New Energy Technology Co., Ltd. has a total of 21 cases that have been judged unsatisfied, all of which are listed as untrustworthy companies announced by the Supreme People’s Court.Sauna, Yewang.com inquired the Supreme Law Enforcement Information Disclosure Network and learned that Guoneng Battery has recorded dozens of breaches of trustworthiness. The most recent one was released on March 14 this year. The enforcement court is Beijing Fangshan District People ‘s Court.Document number (2019) Jing 0111 Minchu No. 11785, case number (2019) Jing 0111 No. 6856.According to the untrustworthy information, the obligation determined by the compulsory legal document is that Guoneng Battery shall bear joint and several liability for the payment of more than 2.29 million yuan and the corresponding supplement for Henan Guoneng Battery Co., Ltd.According to the “summary”, the specific behavior is “other circumvention”.On March 18, the case was decided as the final case, and the subject “2307559” was executed.00 “, unbudgeted amount” 2307559.00 “.On the afternoon of April 1, the reporter called Guoneng Battery and GCL’s integrated secretary, but the calls were not connected.GCL-Integration will make frequent profits: It is proposed to increase the holdings of the UN capital and announces that in addition to reaching a cooperation agreement with Guoneng Battery, GCL-Int’s integration has recently taken the place of action.On March 26, GCL Integrated announced that the company’s controlling shareholder GCL Group Co., Ltd. (hereinafter referred to as “GCL Group”) and Jiangsu Siyang Economic Development Zone Industrial Co., Ltd. (hereinafter referred to as “Siyang Economic Development Zone Industry”)It is planned to increase its shareholding through the securities trading system in the next 12 months to no less than 5 trillion and no more than 10 trillion.According to the GCL Integrated Announcement, Siyang Economic Development Zone Industrial Department is a wholly-owned state-owned capital operation platform company of Siyang County People’s Government.GCL Integrated said that the recent increase in holdings is based on firm confidence in the company’s continued and stable development in the future and recognition of the company’s internal value. At the same time, in order to enhance investor confidence, it will effectively safeguard the interests of small and medium shareholders and the stability of the capital market;It was self-raised by GCL Group and Siyang Economic Development Zone Industry.In addition to the increase in the United Nations capital, GCL-Integrator also released the “Announcement on the Controlling Shareholders’ Issue of Increasing the Company’s Stock Listing to All Employees of the Company” on March 30, showing that its controlling shareholder GCL-Encourage encouraged GCL-Integrated and wholly-owned subsidiaries, All employees of the holding subsidiaries actively bought GCL-Integrated stocks and promised to take the floor.In essence, GCL Integrated also announced a construction project with a total investment of US $ 18 billion in Feidong County, Hefei on March 28.The announcement shows that GCL-Integrated and Hefei Feidong County People ‘s Government have formulated the “GCL 60GW Module and Supporting Project Industrial Base Project Investment Cooperation Agreement”, which plans to invest in construction in four quarters from 2020, the first phase of 15GW; all module projectsAfter reaching production, the annual output value is not less than 40 billion yuan.According to GCL’s announcement, the total investment of the project is 18 billion yuan, of which the total investment in fixed assets is about 12 billion yuan, the total investment in the first phase is 5 billion yuan, and the investment in fixed assets is 3 billion yuan.GCL-Integrated said that the investment and construction of this project may cause pressure on the company’s cash flow. The company will flexibly co-ordinate the funding arrangements and determine the source of funds, payment methods, and payment arrangements through reasonable methods such as self-raising, financial institution loans and project industry fundsTo ensure the smooth implementation of the project.Regarding GCL ‘s plan to increase the holdings of the above-mentioned United Nations funds, encourage employees to increase their holdings and invest in the Feidong project, the Shenzhen Stock Exchange has issued a letter of concern on April 1, asking GCL to determine whether the company and Siyang Economic Development Zone Industry existRelevant, increase the capital strength of investment and construction projects, the pledge risk of the controlling shareholder and so on.Sauna, Ye Wang Zhu Yueyi Editor Li Weijia Proofreading Li Ming