Rianlon Corporation(300596) : Announcement on the application for resumption of examination by issuing shares, paying cash to purchase assets and raising supporting funds

Securities code: Rianlon Corporation(300596) securities abbreviation: Rianlon Corporation(300596) Announcement No.: 2022019 Rianlon Corporation(300596)

Application for issuing shares and paying cash to purchase assets and raise supporting funds

Announcement of resumption of audit

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.

Rianlon Corporation(300596) (hereinafter referred to as “the company”) intends to purchase 922109% equity of Jinzhou Kangtai lubricating oil additives Co., Ltd. (hereinafter referred to as “the target company”) by issuing shares and paying cash. At the same time, the company plans to issue shares to no more than 35 specific objects to raise supporting funds (hereinafter referred to as “this transaction” and “this reorganization”).

On December 31, 2021, the company received the notice of suspension of examination from Shenzhen Stock Exchange (hereinafter referred to as “Shenzhen Stock Exchange”): Rianlon Corporation(300596) because the financial report and evaluation data recorded in the reorganization application document have expired and need to be supplemented and submitted, the exchange will stop the examination in accordance with the relevant provisions of the examination rules for major asset reorganization of companies listed on GEM “. For details, see the relevant announcement disclosed by the company on cninfo.com on January 4, 2022.

In view of the company’s updating of the financial statements and evaluation materials recorded in the reorganization application documents, the company plans to submit an application for resumption of review to Shenzhen Stock Exchange.

The company’s transaction can be implemented only after the CSRC makes a decision on consent to registration. There is uncertainty about whether the CSRC can finally make a decision on consent to registration and its time. The company will timely fulfill the obligation of information disclosure according to the review progress of this transaction. Please make careful decisions and pay attention to investment risks.

It is hereby announced.

Rianlon Corporation(300596) board of directors

February 28, 2022

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