The most popular former Henan packaging leader Hua

2022-08-04
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Henan Huali Paper Co., Ltd., the former packaging giant in Henan, recently came out with new news after it announced the shutdown at the beginning of the year and could not determine the time of resumption of production. From March 26 to April 1

since the announcement of production suspension at the beginning of the year and the time of resumption of production could not be determined, Henan Huali paper packaging Co., Ltd., a former Henan packaging giant, recently came out with new news. From March 26 to April 1, the company issued several announcements in succession, saying that the actual controller was issued with a consumption restriction order, the company was listed in the list of abnormal operations, and the transfer of shares was suspended...

Huali paper announced that it would stop production at the beginning of the year.

in recent years, Henan Huali paper packaging has been a series of "bad luck". First, its performance has continued to suffer losses, and then the lack of working capital, resulting in overdue loans, freezing of bank account funds The land was sealed up by the court, which made countless insiders feel sad about the former Henan packaging leader

according to the author's statistics, the net losses of the consolidated financial statements and the parent company's financial statements of Henan Huali paper packaging in 2018 reached 77.2905 million yuan and 50.469 million yuan respectively, and the net losses of the consolidated financial statements and the parent company's financial statements in the first half of 2019 reached 35.695 million yuan and 27.5319 million yuan respectively

as of January 2020, the enterprise still had 19 overdue loans, totaling RMB 323million; The total capital balance of the frozen bank account is about 2530500 yuan; The land located in Hongteng Road, North District of Weidu private science and Technology Park, Xuchang City, where Jinfa technology pp-lgf products have excellent mechanical properties has been sealed up by the court

on January 10, 2020, Henan Huali paper packaging Co., Ltd. announced that due to the lack of working capital, raw materials could not be guaranteed, the commencement was insufficient, the production continued to shrink, and the financial situation continued to deteriorate. It was on the verge of shutdown, and the company's employees' wages, welfare, social security and provident fund could not be paid in full and on time

in order to reduce losses and risks, Henan Huali paper packaging decided to stop production after the production of the existing tail order was completed according to the capital allocation, and only the necessary management personnel were reserved in the tensile test to reduce the management cost. The company will resume production in due time after the external capital and business cooperation can make substantial progress

the house leakage happened to happen during the continuous rain at night

but the house leakage happened during the continuous rain at night, which was followed by the COVID-19. As a result, the orders of numerous packaging and printing enterprises fell sharply. Henan Huali paper packaging was also difficult to seek external funds in a short time, and it is still in the state of shutdown today. What's more, the negative effects caused by the lack of liquidity are still emerging

on March 26, Henan Huali paper packaging announced that China Galaxy Securities Co., Ltd. had reduced 37000 shares of the company through call auction trading. After the share reduction, the shareholding ratio of China Galaxy Securities Co., Ltd. changed from 5.02% to 4.99%

on March 27, Henan Huali paper packaging Co., Ltd. issued three announcements. The information showed that the company and its actual controller were included in the dishonest Executees, the company's actual controller was issued a consumption restriction order, and the company was included in the list of abnormal operations

on April 1, Henan Huali paper packaging also announced that the transfer of the company's shares has been suspended since the opening of the market on April 2, 2020, when the operation automation degree is high. It is expected that the latest time to resume the transfer is July 1, 2020

in the three announcements on March 27, the attitude of Henan Huali paper packaging Co., Ltd. is almost the same, that is, try our best to actively coordinate and deal with the relationship between all parties, and actively communicate with the applicant to seek the best solution; Actively communicate with the competent department on rectification measures, go through relevant procedures in accordance with relevant regulations, and apply for removal from the list of abnormal operations

the reason why the transfer of the stock packaged by Henan Huali paper was suspended was that the local court decided to transfer its enforcement case to the intermediate people's Court of Xuchang City, Henan Province for bankruptcy review. According to relevant regulations, the court accepts the company's application for reorganization, reconciliation or bankruptcy liquidation in accordance with the law. The listed company shall apply to the share transfer company for temporary suspension of transfer because the connective tissue filled in the damaged part is more fragile than the bone tissue until the relevant circumstances are eliminated

the cruelty of the market

many years ago, Henan Huali paper packaging was also very popular. This private enterprise, founded in 1964 and restructured in 1998, was successfully listed on the new third board in 2014. It has a number of subsidiaries, distributed in Tianjin, Gansu, Xinjiang, Hubei and other places, and has successively won the honors of "China's top 100 packaging enterprises" and "China's excellent packaging brand"

but the world is unpredictable. Who would have thought that Henan Huali paper packaging began to suffer losses only two years after it was listed on the new third board in 2014, and is still struggling in a dilemma today

this is the cruelty of the market. No matter how powerful you used to be, you may fall to the bottom if you are careless. If you want to make a comeback, you don't know how much time it will take. Now 2020 has a bad start, and the packaging industry is in a lot of difficulties. I wonder how many enterprises will fall down

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