Nanjing Red Sun Co.Ltd(000525) : Announcement on the progress of case filing and investigation and risk warning

Securities code: 000525 securities abbreviation: St red sun Announcement No.: 2022-016

Nanjing Red Sun Co.Ltd(000525)

Announcement on the progress of investigation and risk warning

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.

Nanjing Red Sun Co.Ltd(000525) (hereinafter referred to as “the company”) received the notice of investigation (No.: hjzzzzzz No. 2020084) from the China Securities Regulatory Commission (hereinafter referred to as “the CSRC”) on July 6, 2020. Because the company is suspected of illegal information disclosure, according to the relevant provisions of the Securities Law of the people’s Republic of China, The CSRC decided to file a case for investigation. On July 7, 2020, the company disclosed the announcement on the company’s receipt of the investigation notice from the CSRC (Announcement No.: 2020-078) on the designated information disclosure media, and on August 7, 2020, September 8, 2020, October 10, 2020, December 8, 2020, January 7, 2021, March 9, 2021, April 7, 2021, May 7, 2021, June 8, 2021 July 8, 2021, August 7, 2021, September 7, 2021, October 9, 2021, November 9, 2021, December 7, 2021 On January 7, 2022, the announcement on the progress of investigation and risk warning (Announcement No.: 2020-090, 2020-099, 2020-106, 2020-117, 2021-001, 2021-011, 2021-017, 2021-040, 2021-053, 2021-064, 2021-070, 2021-078, 2021-083, 2021-088, 2021-095 and 2022-003) was disclosed.

At present, the investigation work of the CSRC is still in progress, and the company has not received the concluding opinions or decisions of the CSRC on the above investigation matters. If relevant documents are received, the company will perform the obligation of information disclosure in time.

According to the relevant provisions of the Listing Rules of Shenzhen Stock Exchange, if the company is subject to administrative punishment by the CSRC and the illegal act is a major illegal compulsory delisting, the company’s shares may be subject to the risk of delisting.

At present, the production and operation of the company is normal. The company will continue to actively cooperate with the investigation of the CSRC and perform the obligation of information disclosure in accordance with the relevant provisions of the stock listing rules of Shenzhen Stock Exchange. The information disclosure media designated by the company are China Securities Journal, securities times and cninfo( http://www.cn.info.com.cn. ), all information about the company shall be subject to the announcement published in the above designated media. Please pay attention to and invest rationally and pay attention to investment risks.

It is hereby announced.

Nanjing Red Sun Co.Ltd(000525) board of directors

February 7, 2022

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