Securities code: 600679 900916 stock abbreviation: Shanghai Phoenix Enterprise (Group) Co.Ltd(600679) Phoenix B share No.: 2022-013 Shanghai Phoenix Enterprise (Group) Co.Ltd(600679) enterprise (Group) Co., Ltd
Progress announcement on the acquisition of Tianjin Hongyu bicycle production related asset group by Tianjin Tianren, a wholly-owned subsidiary
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents. 1、 Transaction overview
On January 25, 2022, Shanghai Phoenix Enterprise (Group) Co.Ltd(600679) enterprise (Group) Co., Ltd. (hereinafter referred to as the company) held the 28th meeting of the ninth board of directors, deliberated and adopted the proposal on the acquisition of Tianjin Hongyu bicycle related asset group by Tianjin Tianren, a wholly-owned subsidiary, It is agreed that the wholly-owned subsidiary Tianjin Tianren vehicle materials Co., Ltd. (hereinafter referred to as Tianjin Tianren) will acquire the asset group related to Tianjin Hongyu bicycle production in cash. For details, the company published it on the website of Shanghai Securities News, Hong Kong business daily and Shanghai Stock Exchange (www.sse. Com. CN.) on January 26, 2022 Announcement on the acquisition of Tianjin Hongyu bicycle related asset group by Tianjin Tianren, a wholly-owned subsidiary (2022-008)
2、 Transaction progress
On January 30, 2022, the appraisal result of this transaction was approved by Shanghai Jinshan state owned assets supervision and Administration Commission with the filing number of Beihu Jinshan state owned assets supervision and Administration Commission 202200002. The appraisal value of the asset group related to the production of Tianjin Hongyu bicycle recorded is 75.7983 million yuan (excluding tax), which is consistent with the original appraisal result. 3、 Risk tips
The scheme of this transaction still needs to be approved by the state-owned assets supervision and administration department, and the approval results are uncertain. The company will timely fulfill the obligation of information disclosure according to the progress of this transaction. Please pay attention to investment risks.
It is hereby announced.
Board of directors of Shanghai Phoenix Enterprise (Group) Co.Ltd(600679) enterprise (Group) Co., Ltd. February 8, 2022
