Securities code: 600277 securities abbreviation: Elion Clean Energy Company Limited(600277) Announcement No.: 2022-005 bond Code: 163399 bond abbreviation: 2 billion profit 01
Bond Code: 163692 bond abbreviation: 2 billion profit 02
Elion Clean Energy Company Limited(600277)
Announcement of abnormal fluctuations in stock trading
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:
Elion Clean Energy Company Limited(600277) (hereinafter referred to as “the company”) has accumulated more than 20% deviation from the closing price for three consecutive trading days on February 8, 9 and 10, 2022. The company respectfully invites investors to pay attention to the stock trading risks in the secondary market and make rational investment.
1、 Details of stock trading (abnormal) fluctuations
On February 8, 9 and 10, 2022, the cumulative deviation of the closing price increase of the company’s shares for three consecutive trading days exceeded 20%. According to the relevant provisions of the trading rules of Shanghai Stock Exchange, it belongs to the abnormal fluctuation of stock trading.
2、 Relevant information concerned and verified by the company
(I) production and operation
Up to now, the company’s main business has not changed significantly. According to the industry classification guidelines of listed companies issued by China Securities Regulatory Commission, the industry of the company is classified as chemical raw materials and chemical products manufacturing. The company’s main business is divided into integrated circular economy, clean heat and photovoltaic new energy business with chlor alkali and polyester industry as the core. According to the company’s 2020 annual report, photovoltaic power generation revenue accounts for 4.64% of the main business revenue. Up to now, the company’s production and operation are normal, and there is no other major information that should be disclosed but not disclosed.
(II) major events
After the company’s self-examination and written inquiry and verification with the controlling shareholder and actual controller of the company, the company, the controlling shareholder and actual controller of the company do not have any major information that should be disclosed but not disclosed involving the listed company, including but not limited to planning major asset restructuring, share issuance, share repurchase, equity incentive, bankruptcy reorganization and other major matters involving the listed company.
(III) media reports and market rumors
According to the company’s self-examination, the company has not found any media reports or market rumors that may have a significant impact on the company’s stock trading price.
(IV) other stock price sensitive information
According to the company’s self-examination, the company has not found any other major events that may have a great impact on the company’s share price.
3、 Relevant risk tips
As of the date of this announcement, the cumulative deviation of the closing price increase of the company’s shares for three consecutive trading days has exceeded 20%. According to the relevant provisions of the trading rules of Shanghai Stock Exchange, it belongs to the situation of abnormal fluctuation of stock trading.
As of the date of this announcement, the company’s controlling shareholder elion Resources Group Co., Ltd. (hereinafter referred to as “elion group”) and its concerted actors have pledged 1349.4 million shares, accounting for 99.77% of the company’s shares and 37.90% of the company’s total share capital; The cumulative number of frozen shares was 135.86 million, accounting for 9.92% of the total shares of the company and 3.82% of the total share capital of the company. The reason for the pledge of the company’s shares held by elion group is that private enterprises use stock pledge as comprehensive credit enhancement guarantee when financing from banks and other financial institutions. At present, elion group has good operation and credit status, and there is no risk of closing positions. At the same time, it will take measures including but not limited to additional guarantee, prepayment and other measures to deal with the possible risks.
4、 Statement of the board of directors and commitments of relevant parties
According to the company’s self inspection, as of the date of this announcement, except for the disclosed changes in shareholders’ equity (Announcement No.: 2021-078, 2021-082), the controlling shareholder elion group did not buy or sell the company’s shares during the abnormal fluctuation of this stock transaction; The actual controller, directors, supervisors and senior managers of the company did not buy or sell the company’s shares in the past three months and during the abnormal fluctuation of this stock trading.
Through self-examination and verification by the board of directors of the company, as of the date of this announcement, the company has no matters that should be disclosed but not disclosed in accordance with the relevant provisions of the Listing Rules of Shanghai Stock Exchange, and the board of directors has not been informed of the matters that should be disclosed but not disclosed in accordance with the relevant provisions of the Listing Rules of Shanghai Stock Exchange Information that may have a great impact on the trading price of the company’s shares and their derivatives.
The information disclosure media designated by the company are China Securities News, Shanghai Securities News, securities times and the website of Shanghai Stock Exchange (www.sse. Com. CN), The information about the company shall be subject to the announcement. Please pay attention to the risk of stock trading in the secondary market and invest rationally.
It is hereby announced
Elion Clean Energy Company Limited(600277) board of directors February 11, 2022
