Securities code: 000525 securities abbreviation: St red sun Announcement No.: 2022-017 Nanjing Red Sun Co.Ltd(000525)
Announcement on the holding shareholder’s reorganization, the manager’s protective preservation of the company’s shares and the new waiting for freezing of some shares of the company held by the controlling shareholder
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.
Nanjing Red Sun Co.Ltd(000525) (hereinafter referred to as “the company”) learned from the data queried by the system of China Securities Depository and Clearing Co., Ltd. recently that some shares of the company held by the controlling shareholder of the company, Nanjing First Pesticide Group Co., Ltd. (hereinafter referred to as “Nanyi agricultural group”) are waiting to be frozen. The relevant information is as follows:
1、 Basic information of shareholders’ shares waiting to be frozen this time
Whether it is the controlling shareholder, and the shares involved account for the total shares of the company held by it this time
Name of shareholder or the largest shareholder and number (shares) share proportion starting date of share capital proportion lifting date waiting for freeze executor and its concerted action person
Nanyi agricultural group is 17.4 million 9.51% 3.00% 2022 / 2 / 7 / Nanjing Gaochun District People’s court
Note: according to the letter from the reorganization manager of Nanyi agricultural group, the waiting freeze is that the manager of Nanyi agricultural group applied to Gaochun District People’s Court (hereinafter referred to as “Gaochun court”) for protective seizure and preservation of these shares in order to avoid the impact of the formulation and implementation of the reorganization plan and the reduction of debt repayment resources on the shares of listed companies held by Nanyi agricultural group being exercised by the pledgee. According to the ruling, Gaochun court imposed a waiting freeze on the 17.4 million shares of listed companies held by Nanyi agricultural group. On the evening of December 7, 2021, the company made a statement on China Securities Journal, securities times and cninfo（ http://www.cn.info.com.cn. ）Disclosed the announcement on the new waiting for freezing of the shares of the protective preservation company of the reorganization manager of the controlling shareholder and some shares of the company held by the controlling shareholder (Announcement No.: 2021-102). Gaochun court implemented the waiting for freezing of 123040000 shares of the listed company held by Nanyi agricultural group in accordance with the ruling. Based on the two waiting freezes, the reorganization manager of Nanyi agricultural group implemented a protective waiting freeze on 140440000 shares of the company held by Nanyi agricultural group.
2、 Cumulative pledge, judicial freezing and waiting for freezing of shareholders’ shares
As of February 9, 2022, the cumulative pledge, judicial freeze and waiting freeze of the shares of the company held by Nanyi agricultural group are as follows:
Pledge judicial freeze waiting for freeze
Shareholder name shareholding quantity shareholding
(shares) proportion of the cumulative number of shares in the company, the cumulative number of shares in the company, the proportion of the total share capital (shares) of the company, the proportion of the total share capital (shares) of the company, the proportion of the share capital
Nanyi agricultural group 182924731 31.50% 167850000 91.76% 28.90% 182424031 99.73% 31.41% 1576440275 861.80% 271.44%
Note: as of February 9, 2022, Nanyi agricultural group held 500700 shares of the company through the credit transaction guarantee securities account
Shares, 182424031 shares of the company are held through the ordinary securities account, and a total of 182924731 shares of the company are held.
3、 Relevant instructions and risk tips
1. The new waiting for freezing of shareholders’ shares was artificially avoided by the manager of Nanyi agricultural group
The shares of the listed company held by nanyinong group are exercised by the pledgee, which affects the preparation of the reorganization plan
The company will not be affected by the protective preservation measures taken for the determination and implementation and the impairment of debt service resources
Production and operation, corporate governance, etc.
2. Up to now, Nanyi agricultural group has entered the bankruptcy reorganization procedure, and its holding
The company’s shares are waiting to be frozen, which will not lead to the change of the company’s actual control.
3. The company will continue to pay attention to the changes in the number and status of shares of relevant shareholders, and timely perform the obligation of information disclosure in accordance with relevant laws and regulations.
4. The information disclosure media designated by the company are China Securities Journal, securities times and giant
Tide information network（ http://www.cn.info.com.cn. ）, all information of the company is in the above designated media
The information disclosed by the company shall prevail. Please make careful decisions and pay attention to investment risks.
4、 Documents for future reference
1. Securities pledge and judicial freeze issued by China Securities Depository and Clearing Co., Ltd
Settlement details, securities waiting freeze data sheet, daily shareholding change details of major shareholders and daily shareholding change list of major shareholders.
2. Notice on preservation of Nanjing First Pesticide Group Co., Ltd. issued by the manager of Nanyi agricultural group
Notification letter of the company holding part of the equity of the listed company.
It is hereby announced.
Nanjing Red Sun Co.Ltd(000525)
Board of directors
February 10, 2022
