Xinjiang International Industry Co.Ltd(000159) : Announcement on the progress of transferring the equity of Beijing Zhonghao Tairui

Stock abbreviation: Xinjiang International Industry Co.Ltd(000159) Stock Code: 000159 No.: 2022-18 Xinjiang International Industry Co.Ltd(000159) about transfer

Progress announcement of Zhonghao Equity Investment Co., Ltd

The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete without false records, misleading statements or major omissions.

On December 29, 2020, after deliberation and approval of the 19th meeting of the seventh board of directors of Xinjiang International Industry Co.Ltd(000159) (hereinafter referred to as “the company” or “the company”), it was decided to transfer 100% equity of Beijing Zhonghao Tairui Investment Co., Ltd. (hereinafter referred to as “Beijing Zhonghao Tairui”) held by the company to Xizang Dayu Investment Co., Ltd. and its actual controller Li Qin, with a transaction price of 420 million yuan, Details are disclosed in the securities times and cninfo (www.cn. Info. Com. CN.) on December 30, 2020, February 18, 2021, March 2, 2021 and March 13, 2021 Announcement on the transfer of equity of holding subsidiaries and progress announcement.

According to the transfer contract, the equity transfer payment is paid in two phases. The company has received the first phase of equity transfer payment of 215 million yuan from the transferee on February 9, 2021, and completed the industrial and commercial change of Beijing Zhonghao Tairui at the end of February 2021. According to the agreement, the remaining equity transfer payment, The transferee shall complete the payment within one year from the date when the company receives the first phase of equity transfer price. From July 2021 to January 28, 2022, the company has received the second phase of equity transfer payment of 205 million yuan. Up to now, the equity transfer payment has been fully recovered.

It is hereby announced.

Xinjiang International Industry Co.Ltd(000159)

Board of directors

February 8, 2022

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