Sichuan Road & Bridge Co.Ltd(600039) : explanation of Sichuan Road & Bridge Co.Ltd(600039) board of directors on the absence of Article 13 of the Interim Provisions on strengthening the supervision of abnormal stock transactions related to major asset restructuring of listed companies

Sichuan Road & Bridge Co.Ltd(600039) board of directors’ statement on the absence of Article 13 of the Interim Provisions on strengthening the supervision of abnormal stock transactions related to major asset restructuring of listed companies

Sichuan Road & Bridge Co.Ltd(600039) (hereinafter referred to as ” Sichuan Road & Bridge Co.Ltd(600039) “) intends to issue shares and pay cash to purchase 95.00% equity of Sichuan Communications Construction Group Co., Ltd., 100.00% equity of Sichuan Gaolu Construction Engineering Co., Ltd. and 96.67% equity of Sichuan Expressway Greening and Environmental Protection Development Co., Ltd. controlled by Shudao investment Group Co., Ltd. at the same time, Sichuan Road & Bridge Co.Ltd(600039) intends to raise matching funds by non-public offering of shares to specific objects (hereinafter referred to as “this reorganization”).

According to Article 13 of the Interim Provisions on strengthening the supervision of abnormal stock transactions related to major asset restructuring of listed companies issued by the China Securities Regulatory Commission (hereinafter referred to as the “CSRC”), the board of directors of the company hereby explains that there is no situation in which the relevant subjects of this restructuring are not allowed to participate in any major asset restructuring of listed companies as follows:

As of the date of issuance of this note, the relevant subjects of this reorganization have not been placed on file for investigation or investigation due to suspected insider trading related to this reorganization, and there has been no administrative punishment by the CSRC or criminal responsibility investigated by judicial organs according to law due to insider trading related to major asset reorganization in the last 36 months.

In conclusion, the board of directors of the company believes that the relevant subjects of this reorganization are not allowed to participate in any major asset reorganization of listed companies as stipulated in Article 13 of the Interim Provisions on strengthening the supervision of abnormal stock transactions related to major asset reorganization of listed companies.

It is hereby explained.

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