Stock Code: 603766 stock abbreviation: Loncin Motor Co.Ltd(603766) Code: pro 2022-004
Announcement on the court’s ruling to accept the reorganization of controlling shareholders
Longxin Holding Co., Ltd., the controlling shareholder of the company, guarantees that the information provided to the company is true, accurate and complete without any false records, misleading statements or major omissions.
The company and all directors of the board of directors guarantee that the contents of the announcement are consistent with the information provided by the information disclosure obligor.
Loncin Motor Co.Ltd(603766) (hereinafter referred to as “the company”) received the notification letter from the controlling shareholder Longxin Holding Co., Ltd. (hereinafter referred to as “Longxin holding”) on February 7, 2022. Longxin holding received the civil ruling (2021) Yu 05 Po Shen No. 666 served by Chongqing fifth intermediate people’s Court on January 30, 2022. The court ruled to accept the reorganization application of Longxin holding.
As of the disclosure date of this announcement, Longxin holdings holds 1028236055 shares of the company, accounting for 50.07% of the total share capital of the company, of which 1027668574 shares have been pledged, accounting for 99.94% of the shares held by Longxin holdings and 50.04% of the total share capital of the company; 1028236055 shares have been frozen / waiting to be frozen, accounting for 100% of the shares held by Longxin holdings and 50.07% of the total share capital of the company.
The company has independent and complete business and independent operation ability, and maintains mutual independence with Longxin holdings in terms of business, personnel, assets, organization and finance. There is no misappropriation of the interests of the listed company by Longxin holding in violation of regulations, such as occupying funds or providing illegal guarantees for Longxin holding. At present, the company’s production and operation activities are normal. The acceptance of the controlling shareholder’s reorganization application by the court will not have a significant impact on the company’s daily production and operation activities and financial status.
The reorganization of Longxin holding may lead to changes in the company’s control. The company will maintain close communication with Longxin holding in order to grasp the latest progress of its reorganization. The company will perform its obligation of information disclosure in strict accordance with the provisions of laws, regulations and other normative documents. The information disclosure media designated by the company are China Securities News, Shanghai Securities News, securities times, securities daily and the website of Shanghai Stock Exchange (www.sse. Com. CN), All information of the company is subject to the information published in the above designated media. Please pay attention to the investment risks.
It is hereby announced.
Stock Code: 603766 stock abbreviation: Loncin Motor Co.Ltd(603766) Code: pro 2022-004 Loncin Motor Co.Ltd(603766) board of directors
February 8, 2022
