2020 “Yinhua Fund Cup” Sina bank financial planner competition, hot registration. From now on to September 7, you will receive free gift packages worth more than 700 yuan from Guan Qingyou, Luo Yuanshang, Chen Kaifeng and Jian Qi. Today, after bankruptcy and reorganization, the company not only has a new female leader, but also has a new face. It plans to change its name to “baolixin”. In the morning trading today, jianruiwo can increase its trading limit in large volume, which is the second trading limit of the company in three days. < p > < p > on August 20, Jianrui Huaneng announced that the company has completely freed itself from the shackles of previous debts after bankruptcy reorganization, and greatly improved the asset status and asset structure. Based on this, the company intends to change its name to Baoli New Energy Technology Co., Ltd., and the company is referred to as “baolixin” in Chinese. The registered capital of the company was changed from 4.5 billion yuan to 4.281 billion yuan. According to disclosure, up to now, there are 60 litigation cases involved in Jianrui Huaneng, with a total amount of about 3.093 billion yuan. Among them, the creditors corresponding to 56 cases have declared their claims to the administrator during the restructuring period of Jianrui Huaneng, and the debts and rights confirmed by the administrator in these cases have been paid off one by one during the implementation of the reorganization according to the provisions of the reorganization plan. < p > < p > Jianrui Huaneng was originally engaged in fire protection business. In September 2016, the company completed major asset restructuring, acquired 100% shares of wattmar at a price of 5.2 billion by issuing shares and paying cash, and transformed into a new energy battery company. At that time, watma was a “lithium battery giant”, and its power battery installed capacity ranked second in China. < p > < p > Li Yao, the opponent of the restructuring, promised that watma’s net profit after deduction of non-profit from 2016 to 2018 was no less than 403.5 million yuan, 909 million yuan and 1.518 billion yuan respectively. However, this performance commitment has only been partially fulfilled, and the performance gambling in 2018 has not been completed. < / P > < p > in fact, one year after the merger and acquisition, watmar had problems. In 2017, Jianrui Warner made a full amount of 4.6 billion yuan impairment on the goodwill formed by the acquisition of watmar. < / P > < p > after entering 2018, watmar’s large-scale debt was overdue, resulting in a large number of bank accounts of Jianrui Huaneng and watma frozen, a large number of operating assets were sealed, and production and operation were seriously affected. Jianrui Huaneng lost 3.68 billion yuan in 2017 and 3.92 billion yuan in 2018, with a total loss of 7.6 billion yuan in two years. < / P > < p > in 2019, debt crisis like Jianrui Huaneng occurred intensively in some listed companies. At that time, there were already some companies seeking survival through bankruptcy reorganization. What is bankruptcy reorganization? Have you tried hard disk or U disk format? One key reset, reuse. In the capital market, bankruptcy reorganization is comparable to “format” operation. At the two sessions of the people’s Congress of the people’s Republic of China in 2019, Liu Guixiang, Deputy Minister level full-time member of the judicial committee of the Supreme People’s court, said: “in the past, people were very afraid of bankruptcy and thought it was a very bad thing. In fact, restructuring is sometimes a good way to solve the debt crisis and help enterprises get out of difficulties quickly. < p > < p > 2019 can be called the year of bankruptcy and reorganization of A-share market. According to the statistics of Shanghai Securities News, nearly 50 A-share companies disclosed bankruptcy reorganization applications in that year, more than double the number in 2018. After several twists and turns, < / P > < p > will be able to enter the reorganization process on September 30, 2019. On December 10 of that year, Changde Zhongxing Investment Management Center (hereinafter referred to as Changde ZTE) became the restructuring investor of Jianrui Huaneng. According to the announcement, the core team of ZTE Changde has many years of business experience related to lithium battery industry chain. As an investment platform, Changde ZTE invested and founded Hunan Zhongli new materials Co., Ltd. (hereinafter referred to as Hunan Zhongli) in 2012, mainly researching and producing lithium battery barrier materials. The company was acquired by Changyuan group (rights protection) in September 2017. < / P > < p > according to the plan at that time, Changde ZTE provided capital of 710 million yuan to jianruiwo energy, including obtaining additional 1.734 billion shares of additional equity at the consideration of 100 million yuan, and acquiring the creditor’s rights assets of RMB 610 million enjoyed by Jianrui voronant to Waterma and its affiliated companies. According to the business plan in the restructuring plan, the main business of LiFePO4 battery will remain unchanged and the production line will expand capacity on the basis of existing capacity. Changde ZTE also promised that from January 1, 2020 to December 31, 2022, Jianrui woneng will realize the total non net profit deduction of no less than 300 million yuan. < / P > < p > on April 29, 2020, Jianrui Huaneng’s restructuring plan was completed, and Changde ZTE became its largest shareholder. Changde ZTE’s actual controller Gao Baoqing also became the new head of the company a month later. After reforming, the main product of jianruivoreng is still 32700 small cylinder lithium iron phosphate battery. The first quarter report of the company in 2020 is still in a depression: < / P > < p > the first quarter report of the company realized a total operating income of about 4.74 million yuan, a sharp drop of 95.57% year-on-year; the net profit was – 9.52 million yuan, a year-on-year decrease of 98.24%. The main reason for the dismal situation is that watma, a subsidiary within the scope of the original consolidated statements, has entered the bankruptcy liquidation procedure, and both watma and its subsidiaries are no longer included in the scope of the company’s merger. At the same time, Daming technology, the former wholly-owned subsidiary, has been auctioned by the judiciary, and it is no longer included in the scope of merger of the company. The fire engineering and intelligent building services business of Daming technology are no longer included in the business scope of the company. < / P > < p > it is reported that the relevant subsidiaries of the company engaged in lithium battery production and manufacturing business are all newly established companies in 2019, and their production and operation are still in the climbing stage, and large-scale sales have not yet been realized. However, there are also some positive signs. According to the company’s announcement on July 18, jianruivoreng plans to jointly develop Hummer g1.5 customized operation model with its partner Hummer Chongqing, and carry out comprehensive cooperation in vehicle battery matching, operation and battery recycling. As the exclusive partner of the project, the company is expected to use no less than 3 billion wh (about 200000 sets) of battery products in the next five years.