V Guan Finance Report ｜ ST foundation is expected to increase the annual net profit of 1.864 billion yuan. What happened?

Zhongxin Jingwei, September 26th. On the evening of the 26th, ST Basic (Hainan Airport Facilities Co., Ltd., former "HNA Basic") announced that according to Hainan Jinwan Investment Development Co., Ltd. and Haikou Natural Resources and Planning Bureau, " "Supplementary Agreement of State -owned Construction Land Use Rights", determined that the land transfer fund of the second phase of the South China Sea Pearl Island of the South China Sea and related taxes and fees in the South China Sea Phase II of the company's subsidiaries was determined.

The ST foundation stated that after the cost of land transfer funds was determined, it was intended to return to the land transfer fund and related taxes and fees of 2.05 billion yuan. It is expected that the company's net profit of the company's consolidated statement in 2022 was 1.864 billion yuan, and the non -recurring profit and loss were listed.

Source: ST Basic Announcement

According to the data, the ST foundation is an enterprise group under the investment construction and operation of the HNA Group. It was established in May 1993. The business scope includes real estate, airports, property, tax -free, hotel, engineering construction, etc. Essence

It is worth mentioning that in recent years, ST basic operating income has continued to decline. From 2018 to 2021, the ST foundation achieved operating income of 11.656 billion yuan, 11.526 billion yuan, 6.315 billion yuan, and 4.525 billion yuan, respectively. The net profit of the mother-in-law at the same time was 1.885 billion yuan, -1213 billion yuan, -77.737 billion yuan, and -77.737 billion yuan, respectively. 463 million yuan.

It is worth mentioning that on the evening of September 22, the ST foundation announced that due to the failure to disclose non -operating affiliated transactions and association guarantees in accordance with regulations, the company and 8 related responsible persons were given warnings. Yuan.

Specifically, the administrative penalty decision shows that after being found, the following illegal facts exist in the HNA foundation:

The three-story management structure of HNA Group through the "HNA Group-Institutional Division/Industrial Group-Single Company" actual management of its subordinate companies, financially implemented the group integration, vertical, three-layer control and management; cash on funds shall be implemented Integrated management, funds are allocated by HNA Group. HNA foundation belongs to the aforementioned "single company", which lacks independence in financial management and control. It is completed under the organization and control of the HNA Group. As a result, the HNA foundation did not disclose non -operating affiliated transactions and association guarantees in accordance with regulations.

The CSRC stated that the illegal act of this case crosses the new and old law. According to the facts, nature, plot and social harm of the parties, the CSRC decides: Alert the HNA foundation and impose a fine of 1.3 million yuan; a warning of Lu Xiaoming (then chairman) and a fine of 700,000 yuan; Directors), Huang Xiang (then director of supervisors) warned and fined 500,000 yuan.

In response to the non -operating affiliated transaction behavior from July to December 2020, the CSRC decided to give warnings to the HNA basis and imposed a fine of 700,000 yuan; ; He warned Chen Dehui and Xing Xihong and paid a fine of 200,000 yuan. Warning to Shang Duoxu (chief financial officer, director), Liu Tengjian (chief financial officer), and fined 200,000 yuan respectively; he warned Fan Ning (director) and Xu Huicai (then vice president) and held 100,000 Yuan's fine.

The above fines totaled 5.5 million yuan. (Zhongxin Jingwei APP)

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