Securities code: 600281 stock abbreviation: Shanxi Huayang New Materialco.Ltd(600281) No.: pro 2022-006 Shanxi Huayang New Materialco.Ltd(600281)
Announcement on the agreement transfer of 49.1158% equity of coking investment held by the company and the progress of related party transactions to Taihua Group
The board of directors shall be jointly and severally liable for any misrepresentation, omission or material misrepresentation of the contents of this announcement, or for the truthfulness of all members of the board of directors.
Important content tips:
● the company transferred 49.1158% equity of coking investment to Taihua Group, the controlling shareholder of the company, at a transfer price of 218146094.15 yuan.
● by February 8, 2022, the company has received the equity transfer payment from Taihua Group
97537347.25 yuan.
Shanxi Huayang New Materialco.Ltd(600281) (hereinafter referred to as “the company”) convened the fourth meeting of the seventh board of directors of the company in 2021 on May 13, 2021, deliberated and adopted the proposal on the agreement transfer of 49.1158% equity of coking investment and related party transactions held by the company to Taihua Group; The second extraordinary general meeting of shareholders of the company in 2021 was held on May 31, 2021, and the proposal on the agreement transfer of 49.1158% equity of coking investment and related party transactions held by the company to Taihua Group was deliberated and adopted. The progress of the above matters is hereby announced as follows:
The company transferred 49.1158% equity of Yangmei Taihua coking Investment Co., Ltd. (hereinafter referred to as “coking investment”) to the controlling shareholder Taiyuan Chemical Industry Group Co., Ltd. (hereinafter referred to as “Taihua Group”), with a total transaction price of RMB 218146094.15. According to the equity transfer agreement, Taihua Group will pay 30% of the equity transfer amount to the company, i.e. RMB 65443828.25, within three months from the date of adoption by the general meeting of shareholders of the company; The remaining 70% of the equity transfer payment, i.e. RMB 152702265.90, will be paid within nine months from the date when Taihua Group pays the first equity transfer payment (see Lin 2021-031 announcement on the agreement transfer of 49.1158% equity of coking investment and related party transactions held by the company to Taihua Group disclosed on May 14, 2021). On August 31, 2021, the company received the equity transfer payment of 65443828.25 yuan from Taihua Group, which was disclosed on September 1, 2021. See the company’s Announcement No. 2021-069 for details;
On December 27, 2021, the company received the equity transfer payment of 20000000.00 yuan from Taihua Group. It has been disclosed on December 28, 2021. See the company’s Announcement No. 2021-107 for details;
On December 30, 2021, the company received the equity transfer payment of 2093519.00 yuan from Taihua Group; On February 8, 2022, the company received the equity transfer payment of 10000000.00 yuan from Taihua Group; Up to now, the company has received a total equity transfer payment of 97537347.25 yuan from Taihua Group.
The company will timely fulfill the obligation of information disclosure according to the follow-up progress of this matter.
It is hereby announced
Shanxi Huayang New Materialco.Ltd(600281) board of directors February 9, 2022
