603123: Beijing Cuiwei Tower Co.Ltd(603123) stock trading risk warning announcement

Securities code: 603123 securities abbreviation: Beijing Cuiwei Tower Co.Ltd(603123) Announcement No.: pro 2022-010 bond Code: 188895 bond abbreviation: 21 Cuiwei 01

Beijing Cuiwei Tower Co.Ltd(603123)

Stock trading risk warning announcement

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.

Important content tips:

The closing price of Beijing Cuiwei Tower Co.Ltd(603123) (hereinafter referred to as “the company”) rose again on February 9, 2022. As of the date of this announcement, the cumulative increase of the company’s shares this year reached 127.89% and the cumulative turnover rate was 362.66%. At present, the fundamentals of the company have not changed significantly, and there is no major information that should be disclosed but not disclosed. Please invest rationally and pay attention to investment risks.

Haike RONGTONG, the holding subsidiary, is mainly engaged in the third-party payment business, and its income mainly comes from the offline bank card receipt handling fee. The new digital RMB payment method does not change its income source and structure. Its cooperation with the bank is only to build the receipt business port of digital RMB, and does not involve relevant R & D work.

At present, the digital RMB payment method has not brought incremental business income. It is in a relationship of mutual substitution with traditional payment methods such as card swiping and code scanning, which will not have a significant impact on the overall acquiring business scale and operating performance, and the acquiring merchants and business scope of Haike RONGTONG have not changed significantly.

On February 9, 2022, the closing price of the company’s shares was 26.94 yuan / share, with a price earnings ratio (TTM) of 118.93, which was higher than the average price earnings ratio of the third-party payment industry. Attached table:

Listed company name code P / E ratio

Beijing Cuiwei Tower Co.Ltd(603123) 603123 118.93

Lakala Payment Co.Ltd(300773) 300773 22.65

Hyunion Holding Co.Ltd(002537) 002537 29.65

(data from)

The company has disclosed the announcement of abnormal fluctuations in stock trading (Announcement No.: pro 2022-001, pro 2022-004, pro 2022-007, pro 2022-009) on January 6, January 8, January 20 and February 9, 2022, and on January 7 On January 11 and January 21, the announcement of stock trading risk warning (Announcement No.: pro 2022-003, pro 2022-005, pro 2022-008) was disclosed. On February 9, 2022, the company’s shares rose again. In view of the large fluctuation of the company’s stock price in the short term, the relevant matters and risks are described as follows:

1、 Transaction risk prompt of secondary market

On February 9, 2022, the closing price of the company’s shares was 26.94 yuan / share, with a price earnings ratio (TTM) of 118.93, which was higher than the average price earnings ratio of the third-party payment industry. As of the date of this announcement, the cumulative increase of the company’s shares this year has reached 127.89% and the cumulative turnover rate is 362.66%. Please pay attention to the trading risks in the secondary market, make rational decisions and invest prudently. Attached table:

Listed company name code P / E ratio

Beijing Cuiwei Tower Co.Ltd(603123) 603123 118.93

Lakala Payment Co.Ltd(300773) 300773 22.65

Hyunion Holding Co.Ltd(002537) 002537 29.65

(data from)

2、 Relevant information concerned and verified by the company

(I) according to the self inspection of the company, the daily operation of the company is normal, the internal and external business environment has not changed significantly, the main business has not changed significantly, and there is no major information that should be disclosed but not disclosed.

(II) block a of Cuiwei store and Dingcheng store affiliated to the company implemented the adjustment of closing business clothes in 2021, and gradually resumed business in stages from November 6 and September 30, 2021. The long-term closing adjustment will have a great impact on the revenue and profit of the company’s retail business in 2021.

(III) Haike RONGTONG, the holding subsidiary of the company, is mainly engaged in the third-party payment business, and its income mainly comes from the offline bank card receipt handling fee. The new digital RMB payment method does not change its income source and structure, and its cooperation with the bank is only to build the digital RMB receipt business port, which does not involve relevant research and development work. (IV) at present, the digital RMB payment method has not brought incremental business income, and it is in a relationship of mutual substitution with traditional payment methods such as card swiping and code scanning, which will not have a significant impact on the overall acquiring business scale and operating performance, and the acquirer and business scope of Haike RONGTONG have not changed significantly.

(V) on December 9, 2021, the company lifted the ban on the listing and circulation of 41972826 restricted shares, and there was a risk that the reduction of shares would lead to the decline of share price.

(VI) according to the company’s self inspection, the company has not found any media reports or market rumors that may have a significant impact on the company’s share price, nor any other major events that may have a significant impact on the company’s share price. The controlling shareholders, actual controllers, directors, supervisors and senior managers of the company did not buy or sell the company’s shares during the abnormal fluctuation of the company’s stock trading.

3、 Relevant risk tips

The company solemnly reminds investors that relevant company information can be found on the website of Shanghai Stock Exchange (www.sse. Com. CN.) And the announcements published in China Securities Journal and Shanghai Securities News. The company will make timely information disclosure in strict accordance with the provisions and requirements of relevant laws and regulations. Please pay attention to investment risks.

It is hereby announced.

Beijing Cuiwei Tower Co.Ltd(603123) board of directors February 10, 2022

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