300178SZSE

Progress on the Freezing of Certain Bank Accounts of the Company and Its Subsidiaries and Risk Warning Announcement

Tengbang Holdings··26 pages

✨ AI Summary

This announcement updates on the freezing of bank accounts, revealing that as of April 30, 2022, a total of 150 accounts are frozen, with a combined balance of approximately RMB 14.68 million. The company has had to suspend its stock trading due to negative net assets and an audit report with no opinion. The Shenzhen Stock Exchange is considering delisting the company's shares.

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Full Translation

AI Translation· azure_openai

Important Content Reminder:

  1. As of April 30, 2022, after verification by Tengbang International Commercial Service Group Co., Ltd. (hereinafter referred to as "Tengbang International" or "the Company"), there are 150 frozen bank accounts in total, with a cumulative frozen account balance of RMB 14,678,177.65. Compared to the last announcement, 30 new accounts have been frozen, and 2 accounts have been unfrozen. The frozen accounts account for 27.08% of the Company's total accounts, including 15 basic accounts, 112 general accounts, and 23 special accounts. The frozen accounts mainly belong to the headquarters of Tengbang International and Tengbang Tourism Group Co., Ltd. (hereinafter referred to as "Tengbang Tourism"). The freezing of these accounts will not affect the business operations of various business entities and does not constitute a situation where the Company's main bank accounts are frozen.
  2. According to the Company's 2021 Annual Report and 2021 Audit Report, the audited net assets at the end of 2021 were negative, and the financial report was issued with a disclaimer of opinion by Pengsheng Accounting Firm (Special General Partnership) (hereinafter referred to as "Pengsheng"). The Company has triggered the delisting clause under Article 10.3.10 of the Shenzhen Stock Exchange's GEM Listing Rules (revised in December 2020). The Company's stock has been suspended since April 27, 2022. On April 27, 2022, the Company received a "Pre-Notice" (GEM Letter [2022] No. 41) from the Shenzhen Stock Exchange (hereinafter referred to as "SZSE"). The Company and all members of the Board guarantee that the content of the announcement is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
  3. The SZSE intends to decide to terminate the Company's stock listing. After receiving the notice of termination, the Company can apply for a hearing according to regulations and present statements and defenses. The SZSE will review the matter of whether to terminate the Company's stock listing based on the opinions of the Listing Committee. If the Company's stock is decided to be delisted, according to Article 10.7.1 of the SZSE Listing Rules, trading will resume on the next trading day after five trading days from the announcement of the termination decision and enter a delisting adjustment period. During the delisting adjustment period, the Company's stock code remains unchanged, and the stock name will be marked with a delisting identifier, entering the risk warning board for trading. The trading period for the delisting adjustment is fifteen trading days. During this period, the Company's stock will generally not be suspended. If the Company applies for a full-day suspension for special reasons, the suspension period will not count towards the delisting adjustment period, and the total number of suspension days shall not exceed five trading days. The Company's stock will be delisted on the next trading day after the end of the delisting adjustment period. According to Article 10.7.10 of the SZSE Listing Rules, the Company will ensure that its stock can be transferred on the National SME Share Transfer System within forty-five trading days after delisting. Investors are advised to invest rationally and pay attention to risks.
  4. The Company has continuously disclosed the progress of the freezing of bank accounts on various dates, including August 10, December 31, 2019, and several dates in 2020 and 2021. The following is the progress of the freezing of bank accounts and risk warning announcement:

Progress on the Freezing of Bank Accounts of the Company and Its Subsidiaries

  1. New Frozen Bank Accounts
    | Account Name | Account Number | Account Type | Opening Bank | Freezing Entity | Frozen Account Balance (RMB) | Freezing Reason |
    | --- | --- | --- | --- | --- | --- | --- |
    | Shenzhen Tengbang Aviation Service Co., Ltd. | 03008438 | General Account | Shanghai Bank Shenzhen Tianan Branch | Unknown | 3,675.68 | Unknown |
    | | 8139    0001 | Basic Account | China Merchants Bank Shenzhen Fuhua Branch | Unknown | 0.01 | Unknown |
    | Shenzhen Tengfutong Electronic Payment Technology Co., Ltd. | 77706078 | Basic Account | Bank of China Shenzhen Fuqiang Branch | Unknown | 200,038.81 | Unknown |
    | | 7627    8159 | General Account | Bank of China Shenzhen Xixiang Branch | Unknown | 0.00 | Unknown |
    | | 7445****3922 | General Account | Bank of China S

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