Will Kerong Environment still reorganize in 2021

Kerong Environment established a wholly-owned subsidiary, Kerong Nengke (Chongqing) Technology Co., Ltd. with a registered capital of 100 million yuan on Nov. 3, 2021, and the company is now in the process of restructuring.

The controlling shareholder of Xiongan Kerong Environmental Technology Co.

1, the evening of April 6, Kerong Environment announced that on April 5, the company's controlling shareholder Xuzhou Fengli Science and Technology Development and Investment Company Limited (hereinafter referred to as "Xuzhou Fengli") and the Great Wall of China Asset Management Company Limited, Beijing Branch (hereinafter referred to as the Great Wall of the assets of the North Branch), Jinyuan Securities Co. (hereinafter referred to as "Great Wall Asset North Branch") and Jinyuan Securities Company Limited (hereinafter referred to as "Jinyuan Securities") signed the "Tripartite Debt Restructuring Framework Agreement" (hereinafter referred to as the "Framework Agreement") to provide a comprehensive financial solution for the debt crisis faced by Xuzhou Fengli and its affiliates. Xuzhou Fengli and its affiliates are facing a debt crisis.

2, by the "Kaidi system" crisis wave performance face, financial counterfeiting, the actual controller of the lifetime ban on the securities market, since 2018, Kerong environment crisis wave after wave, "Kerong environment financial counterfeiting bottom" (click to view the article) has been reported.

1, belonging to the plate

GEM plate, equity incentive plate, PPP mode plate, environmental protection engineering plate, beautiful China plate, Jiangsu plate, social security long position plate, financing and securities plate.

2, business scope

Combustion and control, energy saving, environmental protection and new energy equipment, boilers, steel structure engineering design, manufacturing, complete sets, sales, installation, commissioning, operation and management, consulting services; housing and building construction, environmental protection engineering, steel structure engineering construction general contracting; self-supporting and agent all kinds of commodities and technology import and export business (the state limits the operation of the enterprise or prohibits the import and export of goods and technology except). import and export business of all kinds of commodities and technologies (except for commodities and technologies that are restricted or prohibited by the state).

3, the main ignition and combustion systems

The company is committed to the production and development of fuel-efficient, energy-saving and environmentally friendly ignition and combustion systems. Mainly engaged in boiler ignition and combustion equipment and control system design and manufacturing business. The company's products include flue gas duct ignition and combustion systems, double-strength less oil pulverized coal ignition systems, plasma oil-free ignition systems, three leading products, as well as traditional fuel oil (gas) ignition systems and special combustion systems, combustion and other control systems and other products. Among them, the flue and duct ignition combustion system accounts for the largest proportion of the main business income, is one of the company's main sources of profit. The company has mastered the "double-strength less oil pulverized coal ignition technology" as the core technology, and obtained a number of patents under the name of "pulverized coal burner", "coal-fired boiler ignition burner" and so on.

4, holding 51% stake in InnoGreen into the water treatment business

March 3, 2015 announced that the company intends to acquire, capital increase, *** counting 51% stake in InnoGreen. According to reports, InnoGreen is a high-tech enterprise in Beijing, a comprehensive environmental protection company that integrates the provision of water treatment system solutions, research and development and manufacturing of membrane products. The company's business scope covers large-scale water purification treatment, wastewater treatment, membrane products, third-party services for water treatment systems, household terminal water purification products and group customers' water purification products, and water investment and operation, and it is a comprehensive water engineering platform covering the whole business field of water treatment. As of the end of January 2015, InnoGreen total assets of 157 million yuan, net assets of 33 million yuan, its 2014 annual operating income of 118 million yuan, net profit of 9,171,200 yuan.

5, involved in biomass energy

July 2011, the company intends to use the oversubscription funds of 10 million yuan to invest in the establishment of a wholly owned subsidiary: "Xuzhou combustion control technology bio-energy Co. After the completion of the project, its operating income comes from two parts, one of which is the sales income from the project's main fuels, equipment and gasification units; and the other is the subsidy fee received from the molding fuel. It is expected to generate net profit of 1,025,900 yuan, 6,956,600 yuan and 15,197,300 yuan from 2011 to 2013 respectively. The company has obtained a number of technical patents in the form of gasifier structure, gasification efficiency of gasification unit, gas quality, material adaptability, comprehensive utilization of tar, and the whole set of gasification unit has obtained the product appraisal of China Machinery Industry Federation. 300-household scale demonstration project has been running stably in Tongshan District, Xuzhou City, for nearly 2 years.

6, to enter the garbage power generation

July 2011, the company to 54 million yuan of over-provisioning funds to buy Fujian Yinsen Group held 45% stake in Zhumadian green source of environmental protection and power company limited, after the completion of the transaction, the project company's registered capital to maintain 12,000 million yuan unchanged. The total investment of the project is RMB 45,005,000,000, and the daily scale of waste treatment is 1,000 tons. Construction period of 1.5 years, after the completion of the project, the annual operating income of 79.31 million yuan, annual net profit of 28.64 million yuan. 2011 May, the company used 148.5 million yuan of over-provisioning funds to obtain the Fujian Yinsen subordinate Dingzhou, Zhucheng, Zhaodong and Shouguang, four garbage power generation project 45% stake. After the completion of the four projects, the total annual power sales of 306.64 million kW / h, the average annual operating income of 200.99 million yuan, the average annual net profit of 64.52 million yuan, calculated on the basis of 45% of the equity, the average annual investment income of 29.03 million yuan, accounting for about 47% of the company's net profit in 2010. (2010 the company's net profit of 62.05 million yuan) Among them, the first two projects are expected to be put into production in 2012, the latter two are still in the pre-start-up phase.