Jiangsu Eastern Shenghong Co.Ltd(000301) : Announcement on major asset restructuring approved by China Securities Regulatory Commission and resumption of trading

Stock Code: 000301 stock abbreviation: Jiangsu Eastern Shenghong Co.Ltd(000301) Announcement No.: 2021-146 bond Code: 127030 bond abbreviation: Shenghong convertible bond

Bond Code: 114578 bond abbreviation: 19 Shenghong G1

Jiangsu Eastern Shenghong Co.Ltd(000301)

The major asset restructuring was examined and approved by the CSRC

And resumption announcement

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.

Jiangsu Eastern Shenghong Co.Ltd(000301) (hereinafter referred to as “the company”) intends to purchase 100% equity of Jiangsu Sibang Petrochemical Co., Ltd. by issuing shares and paying cash and raise supporting funds (hereinafter referred to as “the transaction”). On December 22, 2021, China Securities Regulatory Commission (hereinafter referred to as “CSRC”) )The M & A Review Committee of listed companies held the 34th working meeting of M & a committee in 2021 to review the company’s transaction. According to the review results of the meeting, this transaction was unconditionally approved. According to the guidelines for information disclosure of listed companies of Shenzhen Stock Exchange No. 3 – major asset restructuring and other relevant provisions, upon application to Shenzhen Stock Exchange, the trading of the company’s shares (stock abbreviation: Jiangsu Eastern Shenghong Co.Ltd(000301) , stock code: 000301) and convertible corporate bonds (bond abbreviation: Shenghong convertible bonds, bond Code: 127030) will resume from the opening of the market on December 23, 2021.

As of the announcement date, the company has not received the formal approval documents from the CSRC, and the company will timely perform the obligation of information disclosure after receiving the relevant approval documents from the CSRC. All information publicly disclosed by the company shall be disclosed in the designated information disclosure media such as securities times, China Securities Journal, Shanghai Securities News, securities daily and cninfo.com( http://www.cn.info.com..cn. )The information published shall prevail. Please pay attention to the follow-up announcement of the company and pay attention to the investment risk.

It is hereby announced.

Jiangsu Eastern Shenghong Co.Ltd(000301) board of directors

December 23, 2021

 

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