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PR Changcheng Bond: Changde City Construction Investment Group Co., Ltd. Announcement on Asset Transfer-

Time: January 9, 2020 23:01:26 Zhongcai
Original title: PR Changcheng Bond: Changde City Construction Investment Group Co., Ltd. Announcement on Asset Transfer-


Bond code:
114173.SZ Bond short name:
17 Changde
01


Bond code:
1680002.IB / 127356.SH Bond short name:
16 Changde City Investment Bond
/ PR Changde debt


Bond code:
1380066.IB / 124172.SH Bond short name:
13 Changde City Investment Bond
/ PR Changcheng Investment


Bond code:
1080104.IB Bond short name:
10 Changde City Investment Bonds


Bond code:
162621.SH Bond short name:
19 Changde
01








Changde City Construction Investment Group Co., Ltd.


Announcement on asset transfer


All directors of the company or persons with equivalent responsibilities guarantee that the contents of this announcement do not contain any false records,
Misleading statements or major omissions,
And assume corresponding legal responsibility for the authenticity, accuracy and completeness of its content.






I. Overview of asset transfers


According to the Notice of the State-owned Assets Supervision and Administration Commission of the Changde Municipal People's Government on the Related Issues of the Equity Transfer
[2019] Circular 24)
,
Changde City Construction Investment Group Co., Ltd. (hereinafter referred to as "the Company")
Changde City Water Supply Co., Ltd. (hereinafter referred to as "city water company"), Changde Municipal Construction Co., Ltd.
100% equity was transferred to Changde City Development Group Co., Ltd.



according to
The financial report for the third quarter of 2019, the main financial data of the entities involved in this transfer are as follows:


Unit: 10,000 yuan


Serial number


Transfer company name


Total assets


Percentage of total assets in consolidated statements


Net assets


Percentage of net assets in consolidated statements


Net profit
/ (Net loss
)


Percentage of net profit in consolidated statements


1


Changde Tap Water Co., Ltd.


50170.12


0.39%


22952.54


0.27%


327.75


0.55%


2


Changde Municipal Construction Co., Ltd.


41101.36


0.32%


13582.96


0.16%


-268.48


-0.45%





Impact analysis


The transfer of the above-mentioned subsidiaries has no material adverse impact on the company's daily management, production and operation, and solvency. As of now, relevant industrial and commercial change registration procedures have been completed.



Special announcement.



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