A-share Stock Code: 000585 A-share stock abbreviation: * ST Dongdian Announcement No.: 2022-003 Northeast Electric Development Company Limited(000585)
Announcement on abnormal fluctuations in A-share Trading
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、 Details of abnormal fluctuations in stock trading
Northeast Electric Development Company Limited(000585) (hereinafter referred to as “Northeast Electric”, “the company” and “the company”) A-share stock (stock abbreviation: * ST Dongdian, stock code: 000585) fell more than 12% from the closing price on February 7, February 8 and February 9, 2022, which belongs to the abnormal fluctuation of stock trading stipulated in the trading rules of Shenzhen Stock Exchange.
2、 Relevant information concerned and verified by the company
In view of the abnormal fluctuation of the company’s stock trading, the board of directors of the company checked the relevant matters and inquired about the major shareholders and actual controllers of the company. The relevant information is as follows:
Once verified, there is no need to correct or supplement the information disclosed by the company in the early stage.
2. After verification, the company has not found any unpublished material information that may or has had a great impact on the company’s stock trading price reported by the public media recently.
3. After verification, the company’s recent operation and internal and external business environment have not changed significantly.
IV. after verification, the company’s major shareholder Beijing Hai Hongyuan Investment Management Co., Ltd. (hereinafter referred to as “Beijing Hai Hongyuan”) and the indirect controlling shareholder HNA Group Co., Ltd. have no major events that should be disclosed but not disclosed or are in the planning stage.
V. after verification, during the abnormal fluctuation of the company’s shares, the company’s major shareholder Beijing Hai Hongyuan and the indirect controlling shareholder HNA Group Co., Ltd. did not buy or sell the company’s shares. On December 20, 2018, Beijing Hai Hongyuan has pledged all 81494850 non tradable A shares held by the company to Bank of Guangzhou Co., Ltd. the Pledged Shares have no risk warning line and closing line, so there is no risk of closing positions.
3、 Is there a statement that undisclosed material information should be disclosed
The board of directors of the company confirms that, in addition to the above information disclosure, the company does not have any matters that should be disclosed but not disclosed in accordance with the relevant provisions of the Listing Rules of Shenzhen Stock Exchange or the planning, negotiation, intention and agreement related to such matters; The board of directors has not learned that the company has undisclosed information that should be disclosed in accordance with the stock listing rules of Shenzhen Stock Exchange and other relevant provisions and has a great impact on the trading price of the company’s shares and their derivatives; The information disclosed by the company in the early stage does not need to be corrected or supplemented.
4、 Risk tips deemed necessary by the company
Upon self inspection, the company does not violate the fair disclosure of information.
II. As of the date of this announcement, the major shareholder of the company, Beijing Hai Hongyuan, holds 81494850 shares of the company, accounting for 9.33% of the total share capital of the company. The reorganization of HNA Group Co., Ltd., the indirect controlling shareholder of the company, and Beijing haihongyuan, the major shareholder, may have an impact on the equity structure of the company. The company has independent and complete business and independent operation ability, and the aforesaid reorganization will not have a significant adverse impact on the company’s daily production and operation. As of the disclosure date of this announcement, the production and operation of the company is normal.
III. possible delisting of the company’s A-Shares in 2022. The company has disclosed the performance forecast for 2021 (Announcement No.: 2022-001) and the risk warning announcement on the possible delisting of A-share shares (Announcement No.: 2022-002) on January 28, 2022. After preliminary calculation, the net profit of the company after deducting non recurring profits and losses in 2021 is expected to be negative, the operating income is less than 100 million yuan, and the net assets for the period are expected to be negative. According to item (I) and item (II) of the first paragraph of article 9.3.11 of the Listing Rules of Shenzhen Stock Exchange (revised in 2022), if the audited net profit of the company in 2021 (lower before and after deducting non recurring profits and losses) is negative, the operating income is less than 100 million yuan or the net assets at the end of the period are negative, The company’s A-share shares will be delisted by Shenzhen Stock Exchange after the disclosure of the 2021 annual report.
4. The information disclosure media designated by the company is securities times, and the information disclosure website designated by the company is www.cn info. com. cn. And www.hkexnews.com HK, the information about the company shall be subject to the announcement published by the company in the above designated media.
Please pay attention to investment risks.
It is hereby announced.
Northeast Electric Development Company Limited(000585) board of directors February 9, 2022
