Xinjiang International Industry Co.Ltd(000159) : No.: 2021-68 announcement on freezing of some bank accounts

Securities code: 000159 securities abbreviation: Xinjiang International Industry Co.Ltd(000159) Announcement No.: 2021-68

Xinjiang International Industry Co.Ltd(000159)

Announcement on the freezing of some bank accounts

The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete without false records, misleading statements or major omissions.

Xinjiang International Industry Co.Ltd(000159) (hereinafter referred to as “the company”) learned today that some bank accounts of the company have been frozen, as follows:

1、 Freezing of some bank accounts

On December 22, 2021, through bank inquiry, the company found that seven bank accounts opened by the company in China Construction Bank Corporation(601939) Xinjiang Uygur Autonomous Region branch business department, Urumqi bank Huanghe Road sub branch and other banks were preserved before litigation by Pizhou people’s court, resulting in the freezing of our bank accounts since December 21, 2021, with a total frozen amount of 12.9203 million yuan.

The specific reason for this account freeze has not been found out. It is preliminarily understood that Xuzhou suling Building Materials Trading Co., Ltd. filed a pre litigation preservation to the court.

2、 Impact on the company and Solutions

The above frozen accounts account for 0.58% of the company’s audited net assets in 2020. The above bank accounts are not major accounts and will not affect the company’s normal production and operation activities. The company will coordinate with the court to lift the freezing measures on our company’s bank accounts.

The company will solve the freezing of the above bank accounts as soon as possible and fulfill the obligation of information disclosure in time according to the follow-up progress.

It is hereby announced.

Xinjiang International Industry Co.Ltd(000159) board of directors

December 23, 2021

 

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