江苏宝馨科技股份有限公司关于出售子公司的进展暨子公司被法院裁定受理破产清算的公告

Group 1 - Jiangsu Baoxin Technology Co., Ltd. plans to sell its wholly-owned subsidiary, Lianyungang Baoxin Optoelectronics Technology Co., Ltd., for a transfer price of 1 yuan [1] - The transfer of shares has not been completed, and Lianyungang Baoxin remains a wholly-owned subsidiary of the company [2] - The company received a court ruling accepting a bankruptcy liquidation application for Lianyungang Baoxin due to its inability to repay debts [2][3] Group 2 - The bankruptcy application was filed by Suzhou Industrial Park Xinchunsheng Energy Development Co., Ltd., citing Lianyungang Baoxin's failure to settle due debts [2][3] - The court determined that Lianyungang Baoxin lacks the ability to repay debts and meets the criteria for bankruptcy liquidation [3] - The company will no longer consolidate Lianyungang Baoxin's financials after the transfer of management to the appointed bankruptcy administrator [6] Group 3 - Lianyungang Baoxin was established on July 21, 2022, with a registered capital of 15 million yuan and operates in the photovoltaic equipment sector [4][5] - The company has a financial liability exposure of approximately 8.25 million yuan, which may require the parent company to fulfill guarantee obligations [6] - The bankruptcy process may hinder the planned sale of Lianyungang Baoxin [6]