Jiangsu Sunshine (600220): Part Of The Assets Of Huangtang Thermal Power Plant Are Collected And Stored By The Government

Jiangsu Sunshine (600220. SH) issued an announcement. Recently, the company received a notice from its holding subsidiary huangtang thermal power. Huangtang thermal power and the people's Government of XuXiake town of Jiangyin City (hereinafter referred to as "Xiake town government") signed the "agreement on enterprise acquisition and storage in XuXiake town of Jiangyin City" on September 9, 2021, Xiake town government collects and stores the land, some houses and accessories of huangtang thermal power plant. This time, the government of Xiake town should pay a total of 77.28 million yuan for huangtang thermal power. The original book value of the land, houses and appurtenances collected and stored is 2011 million yuan, and the net book value is 13.11 million yuan. At present, the houses and appurtenances collected and stored have been handed over to Xiake town government, and the land certificate has been cancelled in accordance with relevant requirements and regulations. As of December 31, 2021, huangtang thermal power has received 50 million yuan from Xiake town government.

The total amount of land, houses and appurtenances collected and stored by Xiake town government this time is 77.28 million yuan. The book value of the above assets is 13.11 million yuan, which is included in the asset disposal income of 64.17 million yuan. The company will directly increase the pre tax profit of huangtang thermal power by 64.17 million yuan. The company holds 75% equity of huangtang thermal power, which is expected to affect the net profit of 48.13 million yuan belonging to the shareholders of the listed company in 2021. This data is only a preliminary calculation, and the final audited data shall prevail.