Securities code: 002265 securities abbreviation: Yunnan Xiyi Industrial Co.Ltd(002265) Announcement No.: 2022-003 Yunnan Xiyi Industrial Co.Ltd(002265)
Announcement on the progress after the disclosure of the plan for major asset restructuring
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
Special tips:
1. The plan for Yunnan Xiyi Industrial Co.Ltd(002265) issuing shares and paying cash to purchase assets and raising supporting funds and related party transactions (hereinafter referred to as the “transaction plan”) disclosed by Yunnan Xiyi Industrial Co.Ltd(002265) (hereinafter referred to as “the company” or ” Yunnan Xiyi Industrial Co.Ltd(002265) “) on December 4, 2021 and its abstract have described in detail the relevant risk factors involved in this transaction and the approval procedures to be performed, Please read the relevant contents carefully and pay attention to the investment risks.
2. As of the date of disclosure of this announcement, in addition to the risk factors disclosed in this transaction plan, the company has not found any relevant matters that may lead to the cancellation, suspension or substantive change of this transaction plan by the board of directors or the counterparty of the company, and this transaction is in progress in an orderly manner.
1、 Basic information of this transaction
The company plans to issue shares and pay cash to purchase 100% equity of Chongqing construction industry (Group) Co., Ltd. held by China Ordnance Equipment Group Co., Ltd., and plans to raise supporting funds by non-public offering of shares to no more than 35 specific investors (hereinafter referred to as “this transaction”). This transaction constitutes related party transactions and major asset reorganization, and does not constitute reorganization and listing.
Due to the uncertainty of this transaction, upon application, the trading of the company’s shares (Securities abbreviation: Yunnan Xiyi Industrial Co.Ltd(002265) , securities code: 002265) will be suspended from the opening of the market on November 22, 2021, For details, please refer to the announcement on suspension of planning major asset restructuring and related party transactions (Announcement No.: 2021-036) and the announcement on suspension progress of planning major asset restructuring and related party transactions (Announcement No.: 2021-037) disclosed by the company on November 22 and November 29, 2021 respectively.
On December 3, 2021, the company held the first interim Board of directors in 2021, deliberated and approved the proposal on the company’s scheme of issuing shares and paying cash to purchase assets and raising supporting funds, and published relevant announcements on the designated information disclosure media of the company on December 4, 2021. Meanwhile, upon application to Shenzhen Stock Exchange, the trading of the company’s shares (Securities abbreviation: Yunnan Xiyi Industrial Co.Ltd(002265) , securities code: 002265) will resume from the opening of the market on December 6, 2021.
2、 Progress of this transaction
Since the disclosure of this transaction plan, the company and relevant parties have actively promoted all work of this transaction. As of the disclosure date of this announcement, this transaction of the company has passed the review of military matters of the State Administration of Defense Science, technology and industry.
As of the disclosure date of this announcement, the audit, evaluation, due diligence and other work involved in this transaction have not been completed. After the relevant work is completed, the company will convene the board of directors again to review the formal plan of the transaction, disclose the restructuring report, and perform the relevant follow-up approval and information disclosure procedures in accordance with the provisions of relevant laws and regulations.
3、 Special tips
This transaction still needs to obtain relevant filing, approval or approval procedures. The relevant risk factors involved in this transaction and the approval procedures to be performed have been described in detail in the transaction plan and its summary disclosed by the company on December 4, 2021. Please read the relevant contents carefully and pay attention to the investment risks.
The company will perform the follow-up information disclosure procedures in accordance with the provisions of relevant laws and regulations, and issue a progress announcement on the latest progress of the transaction every 30 days before the notice of the general meeting of shareholders has been sent to consider the company’s transaction.
The information disclosure media designated by the company are securities times, China Securities News and cninfo（ http://www.cn.info.com.cn. ）, all information of the company shall be subject to the information disclosed in the above designated media. In view of the uncertainty of this transaction of the company, please pay attention to the subsequent announcement of the company and pay attention to the investment risk.
It is hereby announced
Yunnan Xiyi Industrial Co.Ltd(002265) board of directors January 29, 2022
