Change the material to the material too low without authorization?ST Sunshine's defendant went to court, director: has verbally confirmed reconciliation

Author:Red Star News Time:2022.09.16

Recently, ST Sunshine (831368. NEEQ) issued an announcement saying that it received a notice of responding from the court. The plaintiff brought it to court on the grounds that ST Sunshine changed the material due to the unauthorized change of the material and caused the power generation capacity to be lower than the design capacity requirements.

On September 16, Qi Wenli, secretary of the board of directors of ST Sunshine Tong, told the Red Star Capital Bureau that the case had opened in June this year. The two sides have verbally confirmed and reconciled in court. Now they are waiting for the other party to pass relevant matters.

Ask the court to claim more than 4 million yuan

Change the construction material to the power generation than the requirements?

Public information shows that ST Sunshine Link mainly develops the EPC total package business such as light -volatile new energy, smart buildings, energy storage systems, energy storage systems, energy big data, contract energy management, etc. The sales channels are mainly through bidding and other methods.

Recently, ST Sunshine issued an announcement that it received a notice from the court in March this year, but at the time, it failed to disclose the matters involving the lawsuit in time, and now disclosed and apologized for investors.

Among them, the plaintiff of the case was the Rural Revitalization Bureau of Bucker Pall Mongolia Autonomous County, and another third party/other stakeholder Xinjiang Xinhai Electric Power Construction Co., Ltd. (hereinafter referred to as "Xinhai Construction").

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↑ Screenshot from ST Sunshine Connect Announcement

The announcement shows that the Rural Rejuvenation Bureau of the Autonomous County of the Bucker Mongolian Autonomous County believes that in August 2018, the content of the contract signed by the defendant violated its bidding content, which caused the rights and obligations of the relevant contract Change the construction materials without authorization, resulting in lower power generation than the design capacity requirements, causing losses to the plaintiff.

In response, the county's rural revitalization bureau requested the court to order the contract to be invalidated before, requiring the defendant to perform its obligations in accordance with the main content of the bidding documents, and also exceeded the project funds (3.281 million yuan) and interest and power generation loss (752.75 million yuan). And interest and so on.

ST Sunshine said in the announcement that, in addition to the quality of product equipment, the reduction of the power generation of photovoltaic power stations may be due to the loose parts, dust, shadows, snow, etc. Clean.

ST Sunshine also said, "Because the power station has been constructed for 3 years, the operation and maintenance unit needs to be maintained in time in accordance with the product testing cycle and technical requirements. If the operation and maintenance is not timely (resulting in low power generation) Within the range. "

In addition, ST Sunshine explained that because the owner's obtained power access report was too long. After the design of the design institute, the related products were customized products. goods. With supervision and consent, the transformer brand was replaced.

"The two sides have agreed to reconcile"

Director: The operation and maintenance is not done well, there will be problems with power generation,

On September 16, Qi Wenli, secretary of the board of directors of ST Sunshine Tong, told the Red Star Capital Bureau that the case had been in June this year. The two sides have verbally confirmed and reconciled in court, and are now waiting for the other party to pass relevant matters.

"We handed them to them after doing the (photovoltaic) power station. They have accepted it. In the later period, the operation and maintenance is not our company." Qi Wenli explained that if the operation and maintenance of the photovoltaic power station is not done well, there will be problems with the power generation.

Qi Wenli explained that if the wind and sand are large, (photovoltaic component) is covered with a layer of gray, and the power generation will be affected; the temperature is high in summer, and some products will be lost after the exposure of some products.

"We can help rectify this piece, such as covering a simple small house, put the products that cannot withstand the sun in the small house. Then (we can) make some suggestions, they must invite professional operation and maintenance companies in the later period. (Or) Do a good job of handover and tell them how to do it. "Qi Wenli told the Red Star Capital Bureau.

For changing construction materials, Qi Wenli's statement is the same as in the announcement. "They believe that we do not purchase related products in accordance with the contract, but the actual situation is that the relevant products are customized, (project) have time to make custom products, so that they can customize products to customize products. So we communicated with them, and they agreed to replace the same type of products. "

On September 16, the Red Star Capital Bureau found the call of the county's rural revitalization bureau through the official website of the People's Government of the Autonomous County of the Bucker Mongolia, but it was unable to connect many times.

Last year's net assets were negative, ST Sunshine "wearing a hat"

Not disclosed as scheduled to the semi -annual report or was terminated for listing

The Hongxing Capital Bureau flipped through ST Sunshine's financial report and found that in 2021, ST Sunshine's revenue was 12.5978 million yuan, an increase of 200.19%year-on-year; its net profit was -5.358 million yuan, a year-on-year decrease of 29.52%.

In terms of product categories, in addition to other categories, the highest contribution revenue is technical maintenance. The annual revenue of 2021 was 2.3472 million yuan, an increase of 118%year -on -year; and the fastest growth was battery accessories. The annual contribution revenue was 144.85 144.85 10,000 yuan, an increase of 1706.45%year -on -year.

ST Sunshine has explained in the annual report that its product sales are mainly driven by project. In 2021, its computer room projects were more than last year, so sales of battery cabinets and power supply have increased.

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↑ Screenshot from ST Sunshine Target

However, the Zhongtian Family Planning Firm (special ordinary partnership) also issued an audit report with unreserved opinions with the continuous uncertainty paragraphs on the 2021 annual report of ST Sunshine.

It should be noted that as of December 31, 2021, the net assets attributable to the audit of the ST Sunshine Tongtong Economic Outlets were -44.767 million yuan, and the net assets of the merger were -44.767 million yuan.

According to relevant regulations, the national small and medium -sized enterprise shares transfer system limited liability company implemented a risk warning of stock trading with a negative value at the end of the recent audit period of the accounting year. From May 6 this year, its securities referred to from the Sunshine Power Communication change.It is "ST Sunshine".

On August 31, ST Sunshine issued an announcement saying that it was not disclosed by the 2022 semi -annual report before August 31 (including the day), which will be suspended from September 1 and may be terminated.

Red Star News reporter Yang Peiwen

Edit Yu Dongmei Yang Yan

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