新赛股份: 新疆赛里木现代农业股份有限公司关于控股子公司破产清算的进展公告

Core Viewpoint - The announcement details the bankruptcy liquidation progress of Xinjiang Xinsai Shuanglu Mining Co., Ltd., a subsidiary of Xinjiang Sairim Modern Agriculture Co., Ltd., which has been unable to repay its debts and has lost its mining value [2][3]. Group 1: Bankruptcy Liquidation Details - Xinjiang Xinsai Shuanglu Mining Co., Ltd. applied for bankruptcy liquidation in 2019 due to its inability to repay due debts and lack of repayment capability [2]. - The bankruptcy application was accepted by the Intermediate People's Court of the Fifth Division of Xinjiang Production and Construction Corps, and a civil ruling was issued in 2020 confirming the bankruptcy [2]. - Recently, the court issued a new civil ruling indicating that the bankruptcy case has been substantially processed, and the application to terminate the bankruptcy proceedings has been approved [2]. Group 2: Impact on the Company - The bankruptcy liquidation of Xinjiang Xinsai Shuanglu Mining Co., Ltd. will not affect the current production and operation of Xinjiang Sairim Modern Agriculture Co., Ltd. [3]. - There will be no significant impact on the profit of the consolidated financial statements for the current period [3]. - The company will continue to monitor the bankruptcy liquidation process and fulfill its information disclosure obligations as required [3].