Dun’an crisis is over: executives take over some assets

Dun’an crisis is over: executives take over some assets
Sauna and Yenet have been approved from industry and commerce materials. One of Dunan ‘s backbone enterprises, Dunan Zhikong, has recently changed its shareholding, Dunan Group ‘s wholly-owned subsidiaries withdrew, and new shareholders are mostly composed of Dunan ‘s senior executives.On April 16, the reporter contacted Dun’an Intelligent Control and Dun’an Group to learn more about the shareholding change, but did not get a reply yet.Since the outbreak of the debt crisis, the Department of Dunan has continued to lose weight. It is divided into a number of listed companies, Dunan Environment and Jiangnan Chemical, whose performance in 2019 has improved. Among them, Dunan Environment intensively disposed of assets at the end of last year and the asset disposal income recorded 5.8.4 billion.The impact of the epidemic in the first quarter of this year, both Dun’an Environment and Jiangnan Chemical performed poorly.The Dunan environment, which specializes in refrigeration accessories and refrigeration equipment, is affected by the market downturn in the air-conditioning industry. It is expected that the first quarter results will turn from profit to loss.Jiangnan Chemical is expected to reduce its performance in the first quarter by more than 50%, and due to capital needs, it currently intends to clear the stocks held by Xuefeng Technology.As of the end of the third quarter of 2019, Dunan Group refused to total 469.8.4 billion.Dunan Environment terminated a total of 64 denials at the end of 2019.8.9 billion yuan, a significant decrease from the same period last year.According to the change of the shareholdings of key enterprises in Dunan, the executives replaced Zhejiang Dun’an Intelligent Control Technology Co., Ltd. (hereinafter referred to as “Dun’an Intelligent Control Technology”) business information, which showed that the industrial and commercial changes occurred on February 18, 2020.The original shareholder Zhejiang Dunan General Equipment Co., Ltd. withdrew, and the new shareholder Zhejiang Zhusheng Intelligent Technology Co., Ltd. was added.Dunan Intelligent Control Technology is one of the key enterprises of Dunan Department.According to the official website, Dunan Zhikong is a professional engineer valve product development and manufacturing industry group. It is a well-known brand in the Chinese valve industry. It owns Zhejiang Dunan Zhikong Technology Co., Ltd., Anhui Red Star Valve Co., Ltd., and Nantong Power Plant Valve.Co., Ltd., Zhejiang Huayi Precision Machinery Co., Ltd. (833125), Zhejiang Dunan Automatic Control Technology Co., Ltd. five physical enterprises.Zhejiang Dunan General Equipment Co., Ltd. (hereinafter referred to as “Dun’an General”) is a wholly-owned subsidiary of Dunan Holding Group Co., Ltd., according to information that it originally held Dunan Intelligent Control Technology44.49% stake.It is said that Dun’an Zhikong Technology Industrial and Commercial Information, Dun’an General Motors is one of its founding shareholders, and it once withdrew since May 2018 and changed its shares to Ningbo Hongxu Investment Management Partnership (Limited Partnership).On January 19, 2020, Ningbo Hongxu withdrew, and Dunan GM re-entered Gudun Intelligent Control Technology, and withdrew again a month later.About the newly added shareholder Zhejiang Zhusheng Intelligent Technology Co., Ltd. of Dun’an Intelligent Control, hereinafter referred to as “Bamboo Intelligent”, the industry and commerce information shows that it was established in November 2019 with a registered capital of 50 million yuan., Zhao Zhiyong and Yao Tong are six natural persons.Allegedly, many shareholders of Zhusheng Intelligent served in the Department of Dun’an, Yao Tong was the legal representative and chairman of Anhui Red Star Valve Co., Ltd. (hereinafter referred to as “Red Star Valve”), and was also a member of Nantong Power Plant Valve Co., Ltd.Legal representative, executive director, Jiang Jianwei is the director and general manager of Hongxing Valve, Wang Jianbiao is the director of Xuzhou Dun’an Heavy Industry Machinery Manufacturing Co., Ltd., Zhejiang Dun’an Precision Industry Group Co., Ltd. and Red Star Valve, and Zhao Zhiyong is Dunan Holding GroupDirector of the company and Zhejiang Dunan Industrial Co., Ltd.The Dunan Department continued to lose weight. The listed company Dunan Environment. Jiangnan Chemical disposes of assets. The Dunan Group is a large domestic private enterprise. It has carried out rapid expansion in recent years. Its business covers precision manufacturing and advanced equipment, civil explosives, new energy, and new materials., Modern agriculture, investment management and many other fields.But in May 2018, Dunan Group’s debt problems broke out.Dun’an Group later admitted that the liquidity crisis was caused by the company’s successive redemption of multiple bonds since 2018, which consumed the company’s own operating cash flow, and the 1.2 billion ultra-short-term financing bonds issued in April 2018 failedThe successful issuance led to liquidity problems.After the financial crisis, the Department of Dunan continued to lose weight and received China Cinda Chi aid in May last year.As a listed company of the Dunan Department, the Dunan environment has withdrawn from many companies in the last two months of 2019.Shanghai Fengshen Environmental Equipment Engineering Co., Ltd. (hereinafter referred to as “Shanghai Fengshen”) business information shows that its investor change occurred on December 18, 2019. The original wholly-owned shareholder Dun’an Environment withdrew and the new shareholder Shanghai Weijing Technology Co., Ltd.According to reports, Shanghai Fengshen was established in 2000 with a registered capital of 1 million US dollars. It specializes in compulsory medical cleansing systems, medical air safety systems, green hospital construction, industrial cleansing and civil engineering related classification services. It is a special air environment research and development., Installation and service as a diversified enterprise.According to Dunan Environment’s 2019 annual report, the transaction price of Shanghai Fengshen was 39.5 million yuan.With Shanghai Fengshen’s new shareholder, Shanghai Weijing Technology Co., Ltd., business information shows that it was established in October 2019. The shareholders are Jiaxing Zhenzhuo New Domain Equity Investment Partnership (Limited Partnership) and Shanghai Jingyi Technology Partnership (Limited Partnership).To withdraw from Shanghai Fengshen, Dunan Environment first quoted it for the first time in the 2019 annual performance forecast in late January, and stated that the report gradually promoted the company’s effective disposition of non-core business assets, including the reduction of 100% of Shanghai Fengshen’s internal project disposal.Current profit.According to Dunan Environment’s 2019 annual report, as of December 31, 2019, Shanghai Fengshen’s net profit for listed companies in 2019 was -1100.460,000 yuan.Shanghai Fengshen is not the only subsidiary of Dunan Environment.In the annual report, Dunan Environment stated that in 2019 the company will intervene in its own situation to intervene in the disposal of non-core assets and business. The report will sell the company’s asset businesses such as Wu’an Summit, Shanghai Fengshen and Tianjin Energy Conservation to further optimize the company’s asset structure.The time for Dunan Environmental Disposal to Wuan Summit and Tianjin Energy Saving is October 31, 2019 and December 31, 2019 respectively, and the transaction price is 2, respectively.7.8 billion and 3.77.5 billion.Dun’an Environment’s 2019 annual report shows that the company reported that it actually achieved operating income of 91.04 trillion US dollars, an average of 3 per year.15%; net profit attributable to mother is 1.$ 3.1 billion, compared with the forecast of 21 in the same period last year.6.7 billion.Among them, the asset disposal income is 5.8.4 billion yuan, the same period last year is expected to be -2091.390,000 yuan.Jiangnan Chemical, another listed company in the Dun’an Department, plans to clear Xuefeng Technology, which has a stake in the company.Xuefeng Technology announced last month that it held 7.29% of Jiangnan Chemical plans to gradually reduce its holdings of the company ‘s unrestricted circulating shares by not more than 48 million shares and not more than 7% of the company ‘s total share capital by means of centralized bidding, block trading and agreement transfer.29%, the reason for reducing the shareholding is the shareholders’ capital needs.Jiangnan Chemical’s 2019 performance report shows that its performance has also recovered, with an operating income of 36 during the reporting period.3.5 billion US dollars, an annual increase of 25.98%; net profit attributable to mother is 4.01 billion, an annual increase of 82.72%.Jiangnan Chemical said that the company’s performance growth benefited from the production capacity of civil explosive products, the increase in blasting engineering revenue, and the further improvement of wind curtailment and wind curtailment in some areas.Cost reduction and efficiency increase also contributed.However, under the impact of the new crown epidemic, the performance of Dun’an Environment and Jiangnan Chemical was not optimistic in the first quarter of this year.Affected by the new crown epidemic, home appliance companies generally face pressure in the first quarter.The announcement of Gree Electric, a leading air-conditioning company, shows that it is expected that the net profit attributable to shareholders of listed companies in the first quarter.300 million to 17.100 million US dollars, a decrease of 70% to 77% every year. Gree Electric said in the announcement that due to the impact of the new coronavirus pneumonia epidemic, the air-conditioning industry ‘s terminal market sales and installation activities are almost impossible to achieve.In addition, consumer demand for air-conditioning terminals shrank in the first quarter.The Dunan environment, which specializes in refrigeration accessories and refrigeration equipment, has also been affected by the industry downturn.Dunan Environment ‘s first-quarter 2020 performance forecast shows that its expected performance is expected, with a net profit attributable to the parent of -35 million yuan-0 million yuan, compared with a profit of 5,300 in the same period last year.930,000 yuan.Dun’an Environment stated on the performance changes that during the reporting period, due to the impact of the new coronavirus infection pneumonia, the demand for the air-conditioning industry decreased in the first quarter.The company’s operating income decreased, and the net profit attributable to shareholders of the listed company decreased.Jiangnan Chemical announced that it expected to achieve a net profit of 2123 in the first quarter of this year.370,000 yuan to 3114.280,000 yuan, down 70% to 56% from the same period last year.Due to changes in performance, Jiangnan Chemical stated that in addition to the impact of the new crown epidemic, the fair value of Xuefeng Technology’s shares at the end of the reporting period continued to decline, and the fair value of Xuefeng Technology’s shares held by the company fell by approximately 2880 million, which affected the shareholders of listed companies during the reporting period.The net profit is about 24.48 million yuan, which is a non-recurring gain or loss.In terms of debt, Dunan’s environmental liabilities totaled 64 until the end of 2019.8.9 billion yuan, compared with 81 in the same period last year.5.7 billion fell by more than 20%.Dunan Group’s current financial data is updated to the 2019 third quarter report.According to the financial report, as of the end of the third quarter of 2019, Dunan Group denied a total of 469.8.4 billion yuan, compared with 457 at the beginning of the period.5.4 billion has increased.Sauna, Ye Wang Zhu Yueyi Zhao Yibo Editor Li Weijia Proofreading Li Shihui