Shenzhen Stock Exchange: Oceanwide Holdings Co.Ltd(000046) supervision letter

1. Supervision letter on Oceanwide Holdings Co.Ltd(000046) company department supervision letter [2021] No. 227 Oceanwide Holdings Co.Ltd(000046) board of directors: on August 24, 2021, your company disclosed the suggestive announcement on Minsheng Securities Co., Ltd. no longer included in the scope of the company's consolidated statements, which showed that your company's shareholding in Minsheng Securities Co., Ltd. (hereinafter referred to as "Minsheng securities") decreased, Moreover, your company has less than half of the seats on its board of directors and can no longer control the relevant decisions of its board of directors. Therefore, your company has decided not to include Minsheng securities in the consolidation scope of the company's consolidated financial statements. At the same time, your company has preliminarily demonstrated that the matters that Minsheng securities is no longer included in the scope of the company's consolidated statements constitute a major asset reorganization stipulated in the administrative measures for major asset reorganization of listed companies of the CSRC. Your company said that it will perform the relevant review procedures and information disclosure obligations in accordance with the requirements of relevant rules as soon as possible. The third quarter report of 2021 disclosed by your company on October 30, 2021 shows that Minsheng securities is no longer included in the scope of consolidated statements, but your company did not disclose the report on major assets no longer included in the scope of consolidation (Draft) until December 10, 2021. The above matters were deliberated and approved by the general meeting of shareholders on January 26, 2022. The above acts of your company violate the provisions of articles 1.4 and 2.1 of the stock listing rules (revised in 2020) of the exchange. The exchange hopes that your company and all directors, supervisors and senior managers will learn lessons and prevent the recurrence of the above problems. At the same time, remind your company and all directors, supervisors and senior managers to strictly abide by the securities law, the company law and other laws and regulations, as well as the stock listing rules of the exchange and the guidelines for the standardized operation of listed companies, and perform the obligation of information disclosure in a true, accurate, complete, timely and fair manner to prevent such incidents. This is to inform the management department of listed companies of Shenzhen Stock Exchange on January 28, 2022