Sep 23, 2021 08:14 PM (GMT+8) · EqualOcean
Cailian news agency, September 23 - erlianban Taihai nuclear power issued a stock price change announcement. The company's first-class wholly-owned subsidiary Yantai Taihai nuclear power and the controlling shareholder Taihai group have entered the bankruptcy reorganization procedure. At present, the bankruptcy reorganization plan has not been determined, and the process and results are uncertain. Taiwan Strait group and its persons acting in concert hold 30.27% of the company's shares in total. In view of the fact that the controlling shareholder enters the bankruptcy reorganization procedure, there is a risk of change in actual control. The consolidated sales revenue of Yantai Taihai nuclear power accounted for 100% of the company's sales revenue, the total assets accounted for 99.99% of the company's total assets, and the net assets accounted for 96.61% of the company's net assets. Yantai Taihai nuclear power entered the bankruptcy reorganization procedure after the court ruling, which had a significant impact on the company. The company's guarantee balance for Yantai Taihai nuclear power is RMB 1.608 billion. The company has no repayment plan for due debts, and there is a risk of being applied for bankruptcy reorganization by creditors to the court.

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