Dea General Aviation Holding Co.Ltd(002260) : Notice on the delisting risk of the company’s shares

Securities code: 002260 securities Name: Dea General Aviation Holding Co.Ltd(002260) Announcement No.: 2022-014 Dea General Aviation Holding Co.Ltd(002260)

Notice on delisting risk of the company’s shares

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.

1、 Delisting risk and other risk warnings have been implemented

1. Dea General Aviation Holding Co.Ltd(002260) (hereinafter referred to as “the company”) has negative audited net assets in 2017. According to article 13.2.1 “II” of the Listing Rules of Shenzhen Stock Exchange (revised in 2018), Shenzhen Stock Exchange implemented delisting risk warning for the company’s stock trading on May 2, 2018. 2. On November 12, 2018, the company received the hearing summons served by Lanzhou intermediate people’s Court of Gansu Province. For details, please refer to the company’s website on November 14, 2018 (http:

//www.cn. info. com. cn.) Announcement on the progress of major litigation (Announcement No.: 2018-110). After receiving the court summons, the company conducted a self-examination of assets including bank accounts. Through the inquiry, it was found that the company’s main bank accounts were frozen. For details, see the company’s website http://www.cn.info.com.cn on November 15, 2018 The announcement on the corresponding situations of other risk warnings triggered by the freezing of major bank accounts (Announcement No.: 2018-111).

According to paragraph (2) of article 13.3.1 of the Listing Rules of Shenzhen Stock Exchange (revised in 2018), the company’s main bank accounts are frozen and the company’s shares need to be subject to “other risk warning”. (Note: this risk warning situation has been eliminated)

3. Since the audited net assets of the company in 2017 and 2018 were negative for two consecutive years, the company received the decision on suspension of listing of Dea General Aviation Holding Co.Ltd(002260) shares (SZS [2019] No. 268) from Shenzhen Stock Exchange on May 10, 2019. According to article 14.1.1 of the stock listing rules of Shenzhen Stock Exchange (revised in 2018) According to the provisions of article 14.1.3 and the review opinions of the Listing Committee of Shenzhen Stock Exchange, Shenzhen Stock Exchange decided to suspend the listing of the company’s shares from May 15, 2019.

2、 Delisting risk of the company’s shares

1. The company’s shares may continue to be subject to delisting risk warning

On the evening of January 30, 2022, the company received the first instance civil judgment (2020) Yue 01 min Chu No. 2011 issued by Guangzhou intermediate people’s court, which showed that the company had violated the guarantee, And the judgment company and the other two companies shall be liable for compensation for half of the debts of the defendant Huaxiang (Beijing) Investment Co., Ltd. within the range of 1585666666.67 yuan respectively; At the same time, they will bear part of the litigation costs within the range of 7978551 yuan respectively.

The debt principal that may be borne by the company involved in the above illegal guarantee matters is about 1593645217.67 yuan, which is about 201.68% of the company’s latest audited net assets. The impact of this matter on the company’s net assets at the end of 2021 cannot be determined at present. The details shall be subject to the audit of the annual audit accountant. If the final audited net assets of the company at the end of 2021 are negative, According to article 9.3.1 of the Listing Rules of Shenzhen Stock Exchange (revised in 2022), “if a listed company is under one of the following circumstances, this exchange will implement delisting risk warning for its stock trading:… (2) the audited ending net assets of the latest fiscal year are negative, or the ending net assets of the latest fiscal year after retroactive restatement are negative”, After the disclosure of the company’s 2021 annual report, Shenzhen Stock Exchange will implement delisting risk warning for the company’s Stock Trading (the abbreviation of the stock is preceded by “* ST”).

2. There may be delisting risk in the company’s shares

On February 7, 2022, the company received the notice on terminating the recommendation of Dea General Aviation Holding Co.Ltd(002260) resumption of listing sent by the company’s resumption sponsor, Federal Reserve Securities Co., Ltd. (hereinafter referred to as “Federal Reserve securities”), and Federal Reserve securities will no longer provide recommendation services for the company’s resumption of listing, And rescind the relevant provisions of “part I recommendation for resumption of listing” in the agreement on recommending resumption of listing and entrusting continuous supervision of stock transfer signed with the company. For details, please refer to http://www.cn.info.com.cn Announcement on receiving the recommendation letter from the recommendation institution on termination and resumption of listing (Announcement No.: 2022-013) disclosed on February 9, 2022.

According to article 14.2.6 of the Listing Rules of Shenzhen Stock Exchange (revised in 2018), “a listed company shall employ a share transfer service institution as the sponsor of its resumption of listing”, because the Federal Reserve securities no longer provides recommendation services for the resumption of listing of the company, The company may not comply with the application for resumption of listing stipulated in the stock listing rules of Shenzhen Stock Exchange (revised in 2018), resulting in the failure of the examination of the exchange, and the company’s shares may be subject to the risk of termination of listing.

The designated information disclosure media of the company are securities times and cninfo( http://www.cn.info.com.cn. ), all information of the company is subject to the information disclosed in the above designated media and websites. Please pay attention to the investment risks.

It is hereby announced.

Dea General Aviation Holding Co.Ltd(002260) board of directors February 9, 2022

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