Securities code: 600338 securities abbreviation: Tibet Summit Resources Co.Ltd(600338) Announcement No.: 2021-077 Tibet Summit Resources Co.Ltd(600338)
Suggestive announcement on the judicial disposal and auction of some shares of the company held by the controlling shareholder
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents. Important content tips:
The shares auctioned by judicial disposal this time are 42 million tradable shares without sale conditions held by Xinjiang Tacheng International Resources Co., Ltd. (hereinafter referred to as Tacheng International), the controlling shareholder of Tibet Summit Resources Co.Ltd(600338) (hereinafter referred to as "the company"), accounting for 4.59% of the total share capital of the company and 14.64% of the shares held by Tacheng international.
At present, the disposal of shares is still in the publicity stage, and the follow-up may involve bidding, payment, court implementation of legal procedures, equity change transfer and other links. If the above procedures are completed, the company will perform the corresponding information disclosure obligations according to the final results.
All the above shares have been frozen by the judiciary.
If the auction is successful, the controlling shareholder and actual controller of the company will not change.
On December 24, 2021, Informed by the controlling shareholder Tacheng international and verified by Alibaba auction · Justice (SF. Taobao. Com), the intermediate people's Court of Chengdu, Sichuan Province issued (2021) Chuan 01 Zhi No. 4968 auction announcement, which will start at 14:00 on January 24, 2022 and end at 14:00 on January 25, 2022 (except for the automatic delay of bidding) 42 million shares (including fruits, i.e. share delivery, share conversion and cash dividend) of the company held by Tacheng International (Securities abbreviation: Tibet Summit Resources Co.Ltd(600338) , securities code: 600338, securities nature: unlimited tradable shares) are publicly auctioned on Taobao judicial auction network platform, accounting for 4.59% of the total share capital of the company. The relevant information is hereby announced as follows:
1、 Main contents of stock disposal
(i) Auction property
1. Basic information of auction property
The company held by Tacheng International (Securities abbreviation: Tibet Summit Resources Co.Ltd(600338) , securities code: 600338, securities category: unlimited tradable shares) has a total of 42 million shares (including fruits, i.e. share delivery, share conversion and cash dividend).
2. Reference price: 1464.96 million yuan (reference price, i.e. display price: calculated by multiplying the closing price of 34.88 yuan on December 15, 2021 by 42 million shares), deposit: 73.248 million yuan, price increase range: 7 million yuan.
3. Reserved price: the actual starting price, which will be calculated by multiplying the average closing price of 20 trading days before the auction by 42 million shares.
4. Owner and execution case No.: Xinjiang Tacheng International Resources Co., Ltd; (2021) chuan01zhi No. 4958.
5. Determination method of starting price: calculated by multiplying the average closing price of 20 trading days before January 24, 2022 by 42 million shares.
（2） Bidder's conditions
All citizens, legal persons and other organizations with full civil capacity may participate in the bidding. In particular, if laws, regulations, administrative rules, articles of association and other documents restrict the purchase qualification of bidders, the relevant policies and regulations shall prevail. Bidders must fully understand whether they meet the purchase conditions before purchase. If they fail to meet the conditions to participate in the bidding, the relevant courts will not confirm the bidding results, confiscate the deposit and conduct the auction again. The bidder shall understand the articles of association, operation status, financial status and assets of the third-party target company and make a prudent decision. The relevant expenses arising from this auction shall be borne according to law.
The following institutions and personnel of this online judicial auction shall not bid and entrust others to bid for the auction property related to their behavior:
1. The people's court responsible for enforcement;
2. Network service provider;
3. Social institutions or organizations that undertake the auxiliary work of auction;
4. Items 1 to 3 specify the staff of the subject and their close relatives.
（3） Auction method: This auction is price increase bidding. The auction reserve price is the starting price, and reaching or exceeding the starting price is the effective bidding price; one person should buy effectively, and the higher the bidding price of more than two people will win.
（4） After the auction is completed, the deposit originally frozen by the bidder of the subject matter will be automatically transferred to the account designated by the court,
The buyer shall pay the balance of the auction transaction price (the balance after deducting the security deposit) before February 9, 2022. If the auction is not completed, the security deposit frozen by the bidder will be automatically unfrozen without interest during the freezing period.
（5） The buyer shall go through the transfer formalities at the relevant administrative department by itself on the strength of the execution ruling and the confirmation of auction transaction issued by the court.
（6） The auction announcement also involves the opening of Taobao account, delayed bidding, deposit payment, regret auction and so on.
2、 Reasons for this judicial disposal of shares
In the case of pledge guarantee dispute between Tacheng international and Sichuan Trust Co., Ltd., according to the executive ruling of Chengdu Intermediate People's court, Sichuan Province, the circulating shares of the above company held by Tacheng International were disposed of.
3、 Other information and risk tips
1. As of the disclosure date of this announcement, Tacheng international holds 286842552 shares of the company, which account for 31.38% of the total share capital of the company. The shares to be disposed of this time are 42 million shares of the company held by Tacheng international, accounting for 4.59% of the total share capital of the company and 14.64% of the shares held by Tacheng international.
2. At present, the stock disposal is still in the publicity stage, and the follow-up may involve bidding, payment, court implementation of legal procedures, equity change transfer and other links. If the above procedures are completed, the company will perform the corresponding information disclosure obligations according to the final results.
3. This stock disposal auction will not affect the company's normal production and operation activities.
4. If the stock disposal auction is successful, the controlling shareholder and actual controller of the company will not change.
The information disclosure media designated by the company are the official website of Shanghai Stock Exchange (www.sse. Com.. CN), China Securities Journal, Shanghai Securities News and securities times. The relevant information of the company shall be subject to the announcements published in the above designated information disclosure media. Please pay attention to the relevant announcements of the company, invest rationally and pay attention to investment risks.
It is hereby announced.
Tibet Summit Resources Co.Ltd(600338)
Board of directors
December 27, 2021
