Securities code: Zhejiang Renzhi Co.Ltd(002629) securities abbreviation: Renzhi shares Announcement No.: 2022008 Zhejiang Renzhi Co.Ltd(002629)
Announcement on abnormal fluctuations in stock trading
The board of directors does not guarantee that the information disclosed by the company is true, complete or misleading. 1、 Introduction to abnormal fluctuations in stock trading
Zhejiang Renzhi Co.Ltd(002629) (hereinafter referred to as “the company”) the stock trading price 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 Shenzhen Stock Exchange, it is an abnormal fluctuation of stock trading. 2、 Description of the company’s concern and verification
1. There is no need to correct or supplement the information disclosed by the company in the early stage;
2. No major unpublished information that may or has had a great impact on the stock trading price of the company has been reported by the public media recently;
3. The company’s operating conditions and internal and external operating environment have not changed significantly recently;
4. On December 23, 2021, the company disclosed the announcement on the completion of the sale of major assets and the settlement of related party transactions (Announcement No.: 2021079). According to the resolutions and authorization of the general meeting of shareholders, the company has organized and implemented the work related to the sale of major assets. Up to now, all the underlying assets have been settled;
5. At present, the company is actively promoting the non-public offering of shares. For details, see the relevant announcements such as Zhejiang Renzhi Co.Ltd(002629) 2021 plan for non-public development of shares disclosed by the company on December 21, 2021 and the announcement on the resolution of the first extraordinary general meeting of shareholders in 2022 (Announcement No.: 2022003) disclosed on January 21, 2022;
6. According to the inquiry of the company to the controlling shareholder and actual controller, up to now, there are no major events that should be disclosed but not disclosed about the company, or major events in the planning stage except the above matters;
7. After verification, the controlling shareholder and actual controller of the company did not buy or sell the company’s shares during the abnormal fluctuation of the company’s stock trading.
3、 Description of no material information that should be disclosed but not disclosed
The board of directors of the company confirms that, in addition to the matters disclosed above, the company does not have any matters that should be disclosed but not disclosed in accordance with the relevant provisions of the Listing Rules of Shenzhen Stock Exchange or the planning, negotiation, intention and agreement related to such matters; The board of directors has not been informed that the company has undisclosed information that has a great impact on the trading price of the company’s shares that should be disclosed in accordance with the stock listing rules of Shenzhen Stock Exchange and other relevant provisions; There is no need to correct or supplement the information disclosed by the company in the previous period. 4、 Risk tips
1. Through self-examination, the company does not violate the fair disclosure of information;
2. The company’s share price has a large increase in the short term, and there is a risk of high valuation. As of the date of this announcement, there has been no significant change in the company’s fundamentals, and the recent increase in share price has deviated from the company’s fundamentals. According to the statistics of China Securities Index Co., Ltd., as of February 24, 2022, the latest static P / E ratio of “mining auxiliary activities” (Industry Code: B11) was 37.38 times, and the average static P / E ratio in the latest month was 35.52 times, while the latest P / E ratio of the company was negative, deviating from the industry P / E ratio level.
3. The company’s non-public offering of shares has uncertainty risks, as follows:
Risk that Sichuan Santai Rural Commercial Bank Co., Ltd. (hereinafter referred to as “Santai rural commercial bank”) has not completed the industrial and commercial change. After the shares of Santai rural commercial bank are sealed up by the court and other rights restrictions are lifted, the shares of Santai rural commercial bank are fully qualified for transfer. If the counterparty Guangdong Haihua Investment Group Co., Ltd. and Mr. Dong can fail to pay 49% of the total price of share transfer to the company on schedule, there may be a risk of termination of the transaction. In view of the situation that the court seizure and other rights restrictions of Santai rural commercial bank cannot be lifted, the company has promised to take necessary measures, such as repayment and replacement of collateral, to ensure that the delivery and transfer of equity will not be affected. However, if the company fails to lift the court seizure and other rights restrictions in the above way, the industrial and commercial change registration of the underlying assets cannot be completed, Which leads to the risk that the transaction cannot be completed.
4. The company disclosed the annual performance forecast for 2021 (Announcement No.: 2022004) on January 29, 2022. Please inquire. As of the date of this announcement, there is no situation that the above performance forecast should be corrected. The forecast data of the performance forecast is the preliminary estimation result of the company’s financial department. The specific financial data shall be subject to the 2021 annual report disclosed by the company.
5. The company solemnly reminds investors: China Securities News, Shanghai Securities News, securities times, securities daily and cninfo (www.cn. Info. Com. CN.) Designated information disclosure media for the company. All information of the company shall be subject to the official announcement published by the above designated media. Please invest rationally and pay attention to investment risks.
It is hereby announced.
Zhejiang Renzhi Co.Ltd(002629) board of directors February 28, 2022
