muertosmultipliermegawaysslot| ST Yongyue received an inquiry letter on the annual report of the Shanghai Stock Exchange and was asked about the core issues reported previously

Log in to Sina Finance APP to search [Xinpi] to see more evaluation levels.

Every reporter Zhao Li Nan every editor Dong Xingsheng

May 15thMuertosmultipliermegawaysslot, ST Yongyue (Rights Protection) (603879MuertosmultipliermegawaysslotSH, share price 3.44 yuan, market capitalization 1.2 billion yuan, formerly referred to as "Yongyue Technology") received a "regulatory inquiry letter on the disclosure of information about the company's 2023 annual report" issued by the Shanghai Stock Exchange.

According to a previous report in the Daily Business News, there are inextricable relationships among Yongyue's suppliers, major customers, real controllers and "borrowers" of funds.

Jiangsu Huaying Enterprise Management Co., Ltd., the controlling shareholder of Yongyue Technology, has occupied the company's funds through a third party, one of which is Shandong Hongtu Intelligent Technology Co., Ltd. (hereinafter referred to as "Shandong Hongtu"). A survey by a reporter from the Daily Business News found that Cai praseolong, the legal representative of Hongtu in Shandong Province, was accused of being the "assistant" of Chen Xiang, the real controller of Yongyue Technology.

At the same time, the reporter found that although a special subsidiary has been set up to produce drones, not all of Yongyue's drone products are produced by the company itself. After inquiring as a purchaser, a reporter from the Daily Business News found that at least part of Yongyue's drones were purchased from Company A. For details, see "investigation? unveiling the painting skin of Unmanned aerial vehicle concept Unit Yongyue Technology: suppliers, customers and funding parties keep secret contact".

The questions asked in the inquiry letter of the Shanghai Stock Exchange include whether Yongyue's drone business is a financing trade or idling trade, and whether Yongyue's suppliers are designated by customers; the company is required to conduct a comprehensive self-examination of its funds and business dealings with the controlling shareholders, actual controllers and their related parties since the change of control.

The above issues are all the core issues previously reported.

Asked whether the drone business belongs to financing trade or idling trade.

According to the Feasibility study report on the Dafeng Unmanned Science and Technology Industrial Park Project released by Yongyue Technology in January 2023, the estimated investment of the Dafeng Unmanned Science and Technology Industrial Park is about 330 million yuan. After the project reaches production, the production capacity is 3000 sets of plant protection drones, 1000 sets of fire-fighting drones, 1000 sets of electric cruise and military and police aircraft, 500 sets of large-scale logistics machines and 5 million pieces of precision accessories.

According to the reporter's investigation, although a special subsidiary has been set up to produce drones, not all of Yongyue's drone products are produced by the company itself. After inquiring as a purchaser, a reporter from the Daily Business News found that at least part of Yongyue's drones were purchased from Company A.

A reporter from the Daily Business News (hereinafter referred to as "NBD") obtained the QQ number of the staff of Company A from the official website of Company An as a purchaser. The following is part of the conversation between the two sides:

NBD: I saw Yongyue Technology. They said it would be useful for your drones, didn't they?

Staff member of Company A: yes, the remote control is also used in my home.

NBD: how many do they have? are they large?

Staff member of Company A: four or five thousand sets were made last year, or six or seven thousand sets.

Subsequently, the reporter added the Wechat of another staff member of Company A, and the following is part of the dialogue between the reporter and him:

NBD: do Yongyue Smart drones use yours, too?

Staff member of Company A: is that the one with the load?

NBD: for industry applications.

Staff member of Company A: that's not true.

NBD: do they use your remote control?

Staff member of Company A: basically 80% of our manufacturers use remote controls.

The Shanghai Stock Exchange requires Yongyue Technology to combine the main terms of the business procurement and sales contract of Jiangsu Zhongchuan Huaxia New Media Technology Co., Ltd. (a major customer of Jiangsu Zhongchuan Huaxia, hereinafter referred to as "Zhongchuan Huaxia"). Additional disclosure of the company's actual manufacturing links in the development of UAV business with Zhongchuan Huaxia, as well as the proportion of this link to the cost of UAV business, the company's role and role in this transaction.

"list the top five suppliers of the drone business, the transaction amount and the corresponding balance of transactions The sales target, sales price, sales quantity and revenue confirmation basis of the recognized revenue in this issue, and combined with the industry access qualifications (if any), personnel, assets, patents, core competitiveness of the company's UAV business to further explain whether the company's UAV business belongs to financing trade or idling trade, and whether it has commercial substance. " The Shanghai Stock Exchange said.

Was asked whether the three suppliers were designated by Zhongchuan Huaxia.

Yongyue Technology through the Hefei Mairan Network Technology Co., Ltd., Anhui Jierong data Technology Co., Ltd., Jiangsu Fengjin Internet of things Technology Co., Ltd. (hereinafter referred to as Hefei Mairan, Anhui Jierong, Jiangsu Fengjin, collectively referred to as three suppliers) signed a procurement contract to Zhongchuan Huaxia supply part of the contract.

Another company, Jiangsu Micro Energy Technology Co., Ltd. (hereinafter referred to as "Jiangsu Micro"), is used for capital flow by Yongyue Technology controlling shareholders. One of its indirect shareholders is Zhongrui Wisdom Holdings Group Co., Ltd. (hereinafter referred to as "Zhongrui Intelligence").

According to a reporter's survey, Zhongrui Wisdom and Zhongchuan Huaxia, a major customer of Yongyue Technology, are inextricably linked, including having a common company name and adjacent address, and at the same time, Huaxia holding Development Group Co., Ltd., the 100% shareholder of Zhongchuan Huaxia, was also a shareholder of Zhongrui Wisdom. Anhui Jierong, one of the above-mentioned suppliers, also overlaps with Zhongrui Wisdom.

The Shanghai Stock Exchange requires Yongyue Technology: "combined with the main terms of the procurement contract, explain the reason and rationality of the large prepayment of the company under the circumstances that the three suppliers have not yet delivered the goods, Zhongchuan Huaxia has not paid, and the supply order has not been signed." whether the three suppliers are designated by Zhongchuan Huaxia, and whether they are related to Zhongchuan Huaxia and its controlling shareholders and its related parties. Whether the relevant advance payment involves non-operating occupation. "

In addition, the Shanghai Stock Exchange asked Yongyue Technology to "conduct a comprehensive self-examination of the funds and business transactions with the controlling shareholders, actual controllers and their related parties since the change of control." whether there is any undisclosed occupation of funds, illegal guarantees or other potential misappropriation of interests, and further check whether there are irregularities such as the expenditure of funds after the period and whether there are new occupations. "

"Supplementary disclosure whether Jiangsu Micron Energy Technology Co., Ltd., Nanjing Xiesheng Intelligent Technology Co., Ltd., Shandong Hongtu Intelligent Technology Co., Ltd. and their related parties are among all suppliers and customers of the company in the past three years, and listing the transaction type, transaction time, transaction amount, and verify whether there is any non-operating capital occupation by related parties in the relevant transactions." The Shanghai Stock Exchange asked.

In addition, the Shanghai Stock Exchange also inquired about Yongyue Technology's chemical manufacturing business, use of raised funds, customers and suppliers, accounts receivable and research and development expenses.