Anxin Trust (600816.SH) disclosed more than 30 announcements on April 30, including the 2019 annual report, the 2020 first quarter report, and delisting risk warnings.

The annual report shows that Anxin Trust achieved operating income of 478 million yuan in 2019, and the net profit attributable to the owner of the parent company of the listed company was -3.99 billion yuan, with basic earnings per share It is -0.73 yuan.

As of the end of December 2019, Anxin Trust ’s total assets were 20.794 billion yuan, a decrease of 10.74 billion yuan from the end of 2018, a year-on-year decrease of 34.06%; Assets were 7.631 billion yuan, a year-on-year decrease of 36.47%, and the asset-liability ratio was 59.90%. Attributable to the parent company’s equity of 7.63 billion yuan, Anxin Trust’s net fee and commission income last year was 357 million yuan, and the scale of the liquidated trust was 23.757 billion.

The annual report disclosed that as of the end of December 2019, there were 294 existing trust projects with trust trust assets of RMB 19.484 billion; 43 trust projects with liquidation completed, The liquidation trust scale was 23.757 billion yuan; 13 new trust projects were established, and the newly added trust scale was 3.025 billion yuan. The above new additions are collective trust projects.

Anxin Trust also continued its loss in the first quarter of 2020. According to the first quarter report of 2020, Anxin Trust achieved a total operating income of 45.395 million yuan in the first quarter of 2020, a year-on-year decrease of 75.98%; and realized a net profit attributable to shareholders of listed companies of -665 million yuan, a year-on-year profit and loss, down 313.21%.

In the first quarter of 2020, the income and commission income of Anxin Trust decreased by 95.35% year-on-year to only 7.172 million yuan. In the first quarter of 2020, its interest expenditure has reached 214 million yuan, a year-on-year increase of up to 210.86%. Anxin Trust explained that this was mainly due to an increase in trust guarantee fund borrowing and an increase in interest expense.

Anxin Trust has suffered losses for two consecutive years.

Anxin Trust stated in the delisting risk warning announcement that the net profit attributable to shareholders of the listed company was negative due to the audit of two consecutive fiscal years in 2018 and 2019 value. According to Article 13.2.1 (1) of the “Stock Listing Rules of Shanghai Stock Exchange”, the company ’s stock will be subject to delisting riskShow.

The starting date for implementing the delisting risk warning is May 6, and the abbreviation of A shares is changed from “Anxin Trust” to “* ST Anxin” to implement delisting After the risk warning, the daily increase or decrease of the stock price is limited to 5%. In addition, according to Article 14.1.1 of the “Stock Listing Rules” and other relevant provisions, if Anxin Trust’s audited net profit attributable to shareholders of the listed company in 2020 is negative, the company’s stock may be suspended from listing.

This year, Anxin Trust has reminded investors of the delisting risks three times in a row. On the evening of April 14, 2020, Anxin Trust issued “Announcement on Continuation of Suspension of Material Events” and “Informative Announcement on the Risk of Delisting of Stocks That May Be Implemented”, indicating that due to the failure to pay on time for certain trust projects, relevant litigation matters have occurred Faced with greater liquidity risk, in order to avoid triggering systemic financial risks and planning risks to resolve major issues, the company ’s stocks will be suspended from March 31st, and the company ’s stocks will be implemented by the “delisting risk warning” after the 2019 annual report is disclosed. .