Securities code: 600982 securities abbreviation: Ningbo Energy Group Co.Ltd(600982) Announcement No.: 2022-005 Ningbo Energy Group Co.Ltd(600982)
Announcement on abnormal fluctuations in the company’s 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:
Ningbo Energy Group Co.Ltd(600982) (hereinafter referred to as “the company”) shares have deviated from the closing price for two consecutive trading days on February 24 and February 25, 2022 by more than 20%. According to the relevant provisions of the trading rules of Shanghai Stock Exchange, it is an abnormal fluctuation in stock trading.
According to the company’s self inspection and letter confirmation, the controlling shareholder Ningbo Development and Investment Group Co., Ltd. (hereinafter referred to as “Ningbo Kaitou”), as of the disclosure date of this announcement, there is no material information that should be disclosed but not disclosed.
1、 Details of stock trading (abnormal) fluctuations
The deviation of the closing price increase of the company’s shares for two consecutive trading days on February 24 and February 25, 2022 is more than 20%. According to the relevant provisions of the trading rules of Shanghai Stock Exchange, it belongs to abnormal fluctuation of stock trading.
2、 Relevant information concerned and verified by the company
(I) at present, the company’s production and operation activities are normal and the business environment has not changed significantly. According to the company’s self inspection, there are no important matters that should be disclosed but not disclosed.
(II) after the company’s self-examination and verification by letter to Ningbo Kaitou, the controlling shareholder of the company: as of the announcement date, Ningbo Kaitou, as the controlling shareholder of Ningbo Energy Group Co.Ltd(600982) , does not have the information that should be disclosed but not disclosed related to Ningbo Energy Group Co.Ltd(600982) as stipulated in the stock listing rules of Shanghai Stock Exchange and other laws and regulations, and there are no major matters affecting the abnormal fluctuation of Ningbo Energy Group Co.Ltd(600982) stock trading price, There is no other information that should be disclosed but not disclosed, including but not limited to major asset restructuring, issuance of shares, acquisition of listed companies, debt restructuring, business restructuring, asset stripping and asset injection related to Ningbo Energy Group Co.Ltd(600982) .
(III) according to the self inspection of the company, the company is currently conducting preliminary negotiations with the people’s Government of Fenghua District of Ningbo and Power Construction Corporation Of China Ltd(Powerchina Ltd)(601669) Group East China survey, design and Research Institute Co., Ltd. on the cooperation of pumped storage project in Fenghua area. The contents of the tripartite negotiations are not legally binding, and there is major uncertainty about the implementation of the project.
(IV) according to the company’s self-examination, the company has not found any media reports and market rumors that may have a significant impact on the company’s stock trading price, nor any other matters involving the concept of market hot spots. (V) after verification, the company has not found any other major events that may have a great impact on the company’s share price, and the company’s directors, supervisors, senior managers, controlling shareholders and actual controllers have not bought or sold the company’s shares during the abnormal fluctuation of the company’s stock trading.
3、 Relevant risk tips
(I) secondary market transaction risk
On February 24 and February 25, 2022, the closing price of the company’s shares deviated by more than 20% for two consecutive trading days, with a large increase. The cumulative turnover rate for two consecutive trading days was 40.13%, significantly higher than the previous turnover rate of the company. According to the relevant valuation data of China Securities Index Co., Ltd., as of the closing of February 25, 2022, the latest P / E ratio of d44 power and heat production and supply industry of the Securities Regulatory Commission of the company was 20.94 times, the latest dynamic P / E ratio of the company was 23.22 times, the P / E ratio of power and heat production and supply industry was 1.73 times, and the latest P / E ratio of the company was 1.69 times, The P / E ratio of the company is higher than that of Listed Companies in the same industry. Please invest rationally and pay attention to risks.
(II) there is no significant change in the company’s main business
The company is mainly engaged in cogeneration, biomass power generation, pumped storage and comprehensive energy services, as well as financial investment related to energy. So far, the main business has not changed. Please invest rationally and pay attention to risks.
(III) other possible risks
For the cooperation of Fenghua pumped storage project recently approached by the company, the negotiation content does not have substantive legal binding force, and there are major uncertainties in the implementation and follow-up progress of the project. The company will continue to pay attention to all aspects of the situation. In accordance with the relevant provisions of the stock listing rules of Shanghai Stock Exchange and the articles of association, and according to the possible follow-up progress of the project, the company will timely perform the corresponding decision-making procedures and information disclosure obligations.
The company solemnly reminds investors that the company’s information can be found on the website of Shanghai Stock Exchange (www.sse. Com. CN.) And the relevant announcements published in Shanghai Securities News, the information disclosure media designated by the company. Please invest rationally and pay attention to risks.
4、 Statement of the board of directors and commitments of relevant parties
The board of directors of the company confirms that the company does not have any matters that should be disclosed but not disclosed in accordance with the relevant provisions of the stock listing rules or the planning, negotiation, intention and agreement related to such matters, 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 stock listing rules Information that may have 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.
It is hereby announced.
Ningbo Energy Group Co.Ltd(600982) board of directors February 26, 2022
