Securities code: 002723 securities abbreviation: Kennede Electronics Mfg.Co.Ltd(002723) announcement Code: 2022-018 Kennede Electronics Mfg.Co.Ltd(002723)
Announcement on abnormal fluctuation of stock trading
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.
1、 Introduction to abnormal fluctuations in stock trading
Kennede Electronics Mfg.Co.Ltd(002723) (hereinafter referred to as “the company”) shares (Securities abbreviation: Kennede Electronics Mfg.Co.Ltd(002723) ; securities code: 002723) for three consecutive trading days (January 26, 2022, January 27, 2022, January 28, 2022), the cumulative decline deviation of the closing price exceeds 20%. According to the relevant provisions of the trading rules of Shenzhen Stock Exchange, it belongs to the abnormal fluctuation of stock trading.
2、 Relevant information concerned and verified by the company
In view of the abnormal fluctuation of the company’s shares, the board of directors of the company checked the controlling shareholders and shareholders holding more than 5% of the shares, all directors, supervisors and senior managers of the company through telephone and on-site inquiry. The results are as follows:
1. Production and operation
The company’s business is a two wheel drive mode of “small household appliances” + “engineering construction”. Through self inspection, the company’s current small household appliance business and engineering construction business are normal, the internal and external business environment has not changed significantly, and there are no important matters that should be disclosed but not disclosed.
2. Preliminary information disclosure and progress
After verification, the company did not find that the information disclosed in the previous period needed to be corrected and supplemented.
3. Media coverage
After verification, it is not found that the recent public media reported any unpublished material information that may or has had a great impact on the company’s stock trading price.
4. Stock sales and purchases
After inquiry, the company’s controlling shareholders, shareholders holding more than 5%, directors, supervisors and senior managers did not buy or sell the company’s shares during the abnormal fluctuation of the company’s stock trading.
5. Major events
After the company’s self inspection and inquiry to the controlling shareholder, actual controller and management of the company. As of the disclosure date of this announcement, there are no major events that should be disclosed but not disclosed about the company, or major events in the planning stage.
3、 Is there a statement of information that should be disclosed but not disclosed
The board of directors of the company confirms that, in addition to the above disclosed matters, the company currently has no undisclosed matters that should be disclosed according to the stock listing rules of Shenzhen Stock Exchange or planning, negotiation, intention, agreement, etc. related to the matters; The board of directors has not been informed that the company has undisclosed information that should be disclosed in accordance with the stock listing rules of Shenzhen Stock Exchange and has a great impact on the trading price of the company’s shares and their derivatives; The information disclosed by the company in the early stage does not need to be corrected or supplemented.
4、 Risk tips
1. Secondary market transaction risk
For three consecutive trading days (January 26, 2022, January 27, 2022 and January 28, 2022), the decline deviation of the closing price of the company’s shares has exceeded 20%, and the actual fluctuation range is large. Please pay attention to the trading risk of the secondary market, make rational decisions and invest prudently.
2. Progress risk of major events
The performance of the project construction contract is subject to the risk caused by force majeure.
3. Controlling shareholder’s stock pledge risk
Shenzhen Huaxin Chuangli Technology Industrial Development Co., Ltd., the controlling shareholder of the company, holds 78387862 shares of the company, accounting for 24.69% of the current total share capital of the company, and has pledged 78387862 shares of the company, accounting for 100% of its shares. The above shares have been judicially frozen by Shenzhen intermediate people’s Court of Guangdong Province and are still frozen as of the date of this announcement. For the risk analysis of the closing position of the controlling shareholder’s stock pledge, see the company’s announcement on cninfo (www.cn. Info. Com. CN.) on January 4, 2021 “IV. under the stress test scenario, especially in the extreme market environment, combined with the early warning line, closing line, stock price change and equity dispersion, whether there is a large risk of compulsory closing and whether there is a risk of equity change caused by pledge closing” in the reply to the feedback on the stock application documents of non-public development banks in 2020 (Revised Version).
4. The information disclosure media designated by the company are China Securities News, securities times, Securities Daily, Shanghai Securities News and http://www.cn.info.com.cn, The information of the company shall be subject to the information published in the above designated media. The company will continue to fulfill the obligation of information disclosure in strict accordance with the provisions and requirements of relevant laws and regulations, and do a good job of information disclosure in a timely manner. Please pay attention to investment risks.
It is hereby announced.
Kennede Electronics Mfg.Co.Ltd(002723) board of directors February 7, 2022
