Xinjiang Zhongtai Chenical Co.Ltd(002092) about the board of directors
The relevant entities of this transaction do not have the explanation of the situation that they are not allowed to participate in the major asset reorganization of Listed Companies in Article 13 of the guidelines for the supervision of listed companies No. 7 – supervision of abnormal stock transactions related to major asset reorganization of listed companies
Xinjiang Zhongtai Chenical Co.Ltd(002092) it is proposed to purchase 75.89% of the shares of MEC chemical held by some shareholders of Xinjiang MEC Chemical Co., Ltd. by issuing shares and convertible corporate bonds and raise supporting funds (hereinafter referred to as “this transaction”).
According to Article 13 of the guidelines for the supervision of listed companies No. 7 – supervision of abnormal stock transactions related to major asset restructuring of listed companies, the board of directors of the company explains whether the relevant subjects of this transaction are not allowed to participate in any major asset restructuring of listed companies as follows:
As of the issuing date of this note, the relevant subjects specified in Article 7 of the guidelines for the supervision of listed companies No. 7 – supervision of abnormal trading of stocks related to major asset restructuring of listed companies involved in this transaction have not been filed for investigation or the liability determination has not been completed due to suspected insider trading, There is no case of disclosing the insider information of this transaction or using this transaction information for insider trading, and there is no case of administrative punishment by the China Securities Regulatory Commission or criminal responsibility investigated by judicial organs according to law for insider trading related to major asset restructuring in the last 36 months, According to Article 13 of the guidelines for the supervision of listed companies No. 7 – supervision of abnormal trading of stocks related to major asset restructuring of listed companies, there is no situation that it is not allowed to participate in any major asset restructuring of listed companies.
It is hereby explained.
Xinjiang Zhongtai Chenical Co.Ltd(002092) board of directors February 7, 2002
