Jiangsu Sunshine (600220): At Present, The Main Source Of Revenue Is Still Wool Textile Business

Jiangsu Sunshine (600220) issued a risk warning announcement on the evening of March 11, saying that the company's production and operation fundamentals have not changed significantly, and the company's main source of operating income is still wool textile business. In addition, matters concerning the company's proposed establishment of subsidiaries still need to be submitted to the general meeting of shareholders for deliberation. At present, there is no substantive progress, no specific projects have been implemented, and there is great uncertainty in the follow-up work. At the same time, the registered capital of the new company is a subscription system, which is only a preliminary intention. The investment and adjustment shall be made according to the actual situation of the investment project. This investment involves a large amount of money, and the financing plan is not clear at present.