65 million interest has not been fulfilled, Yihua is the first credit bond thunder

65 million interest has not been fulfilled, Yihua is the first credit bond thunder
On the afternoon of May 6, the Shanghai Clearing House announced an announcement that Yihua Enterprise (Group) Co., Ltd. (“Yihua Group”) constituted the actualBy default, it became the first default credit bond affiliated with the Yihua Department.According to the announcement, the interest payment date of 17 Yihua Enterprise MTN001 this year is May 6, 2020. It was issued on May 2, 2017, with an issue amount of 10 trillion and a coupon rate of 6.5%, the issuance period is 5 years, and the annual interest payable is 65 million yuan.The company stated that the bond default was mainly affected by the epidemic.According to its measurement, the outbreak of the new coronary pneumonia outbreak affected the company’s normal return to work. Its operating cash withdrawal was basically suspended for a short period of time. At the same time, the fight against the epidemic was consumed, and the company’s overall maintenance costs were higher.The actual controller of Yihua Group is Liu Shaoxi, a well-known Chaoshan businessman.It belongs to Yihua Life (600978.SH), Yihua Health (000150.SZ) A number of listed companies, while also participating in dividends to expand listed companies and companies to be listed, actually created the capital family of “Yihua Department”.It is understood that the cash flow crisis of the Yihua Department has been revealed as early as a year ago.In April 2019, the bond “15 Yihua 02” issued by Yihua Life suffered two consecutive plunges and was temporarily suspended by the Shanghai Stock Exchange.At that time, market participants speculated that the Yihua Department had fallen into a liquidity crisis.In July of the same year, Yihua Group again had disputes with other companies over the issue of repayment of a USD 2 billion fund.At that time, there were too many disputes with Zheshang’s companies.Later, Zheshang Industrial Finance applied to the Hangzhou Intermediate People’s Court to freeze part of the company’s shares held by Yihua Group.The current cash flow crisis faced by Yihua Group must be related to a significant change in the performance of the relevant major companies last year.The relevant annual report shows that in 2019, Yihua Life will be replaced by the net profit of the mother.8.5 billion US dollars, Yihua Health 15 in 2019 every year.700 million yuan.In the first quarter of this year, some companies gradually changed the situation.Yihua Health reported that initial net profit attributable to mother could increase by 5518.480,000 yuan, at least 204 a year.05%; Yihua Life may be 2.68 ppm, a ten-year average of 334.85%.In addition to the debt redemption crisis, the Yihua Department also faced the CSRC investigation and the delisting crisis of two listed companies.Due to violations of the letter, on April 27, Yihua Life announced that it had received the “Investigation Notice” issued by the China Securities Regulatory Commission, and the Securities Regulatory Commission was conducting an investigation.On the evening of April 30, Yihua Life announced that the company ‘s stock had been issued a delisting risk warning due to the “non-standard opinion” issued by the annual report. Since April 30, the Yihua Life Securities code abbreviation has been changed to “* STYihua “.Reporter Peng Shuo Yan Xia editor Chen Li proofreading Li Xiangling