Jiangsu Sunshine (600220): The Company Has No Specific Investment Projects At Present

Jiangsu Sunshine (600220) issued a risk warning announcement on the evening of March 16. At present, the company has no specific investment projects, no technology and talent reserve, and there is great uncertainty in the follow-up promotion and implementation of new projects. As of September 30, 2021, the monetary capital of the company's consolidated statements is 420 million, which is quite different from the registered capital of the subsidiary. At present, there is no specific financing plan. In addition, as of the disclosure date of the announcement, the cumulative Pledged Shares of the controlling shareholders accounted for 85.72% of the total shares of the company held by them, and there was a high risk of pledge.