Securities code: 002485 securities abbreviation: Cedar Development Co.Ltd(002485) Announcement No.: 2022-016 Cedar Development Co.Ltd(002485)
Announcement on the progress of investigation and risk warning
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
Cedar Development Co.Ltd(002485) (hereinafter referred to as “the company”) received the notice of filing (No.: Zhengjian Lijian Lizheng Zi No. 0382021042) from China Securities Regulatory Commission (hereinafter referred to as “CSRC”) on October 12, 2021. Xinur men’s wear Co., Ltd. is suspected of illegal information disclosure. According to the securities law of the people’s Republic of China, the administrative punishment law of the people’s Republic of China and other laws and regulations, the CSRC decided to file a case against the company. On October 13, November 15, December 13, 2021 and January 13, 2022, the company disclosed the announcement on receiving the notice of filing a case from the CSRC (Announcement No.: 2021-049) and the announcement on the progress of filing an investigation and risk warning (Announcement No.: 2021-052, 058 and 2022-006) on the designated information disclosure media.
Up to now, the investigation work of the CSRC is still in progress, and the company has not received the concluding opinions or decisions of the CSRC on the above filing matters.
According to the relevant provisions of the Listing Rules of Shenzhen Stock Exchange, if the company is subject to administrative punishment by the CSRC and the illegal act constitutes a major illegal forced delisting, the company’s shares may be terminated from listing. At present, the operation of the company is normal. During the investigation period, the company will actively cooperate with the work of the CSRC, fulfill the obligation of information disclosure in strict accordance with the regulatory requirements, and disclose the risk warning announcement once a month.
The information disclosure media designated by the company is www.cninfo.com info. com. cn. And China Securities News, Shanghai Securities News, securities daily and securities times. All information of the company shall be subject to the information disclosed in the above designated media. Please pay attention to the subsequent announcements of the company and pay attention to the investment risks. It is hereby announced.
Cedar Development Co.Ltd(002485) board of directors February 11, 2022
