Guangxi Hechi Chemical Co.Ltd(000953) : announcement of abnormal fluctuations in stock trading (March 7, 2022)

Securities code: Guangxi Hechi Chemical Co.Ltd(000953) securities abbreviation: Guangxi Hechi Chemical Co.Ltd(000953) Announcement No.: 2022008

Guangxi Hechi Chemical Co.Ltd(000953)

Announcement of abnormal fluctuations in stock trading

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.

1、 Introduction to abnormal fluctuations in stock trading

Guangxi Hechi Chemical Co.Ltd(000953) (hereinafter referred to as “the company” or “the company”) shares (Securities abbreviation: Guangxi Hechi Chemical Co.Ltd(000953) , securities code: Guangxi Hechi Chemical Co.Ltd(000953) ) in two consecutive trading days on March 3 and March 4, 2022, the cumulative deviation of daily closing price increase exceeds 20%. According to the relevant provisions of the trading rules of Shenzhen Stock Exchange, it belongs to abnormal fluctuation of stock trading.

2、 Description of the company’s concern and verification

After the board of directors has verified the controlling shareholder, actual controller and management of the company on the recent changes in the company’s shares, the relevant information is explained as follows:

1. The information disclosed by the company in the early stage does not need to be corrected or supplemented.

2. The company has not found any unpublished material information that may or has had a great impact on the company’s stock trading price reported by the public media recently.

3. The recent production and operation of the company is normal, and there is no significant change in the internal and external environment.

4. On September 14, 2021, the company disclosed Guangxi Hechi Chemical Co.Ltd(000953) the pre disclosure announcement on the reduction of shares held by shareholders holding more than 5% and those acting in concert (Announcement No.: 2021036), The shareholders, Mr. Wang Jinwen and Ms. Wang Cuilian, plan to reduce the total shares of the company through centralized bidding trading within 6 months after 15 trading days from the date of disclosure of the above announcement and block trading within 6 months from the date of disclosure of the above announcement, accounting for no more than 21956628 shares, accounting for no more than 6% of the total share capital of the company. As of the disclosure date of this announcement, the share reduction plan of Mr. Wang Jinwen and Ms. Wang Cuilian has not been implemented yet.

5. On December 19, 2019, Ningbo intermediate people’s court ruled to accept the reorganization application of Ningbo Yinyi Holding Co., Ltd. (hereinafter referred to as “Yinyi holding”) and its parent company Yinyi Group Co., Ltd. (hereinafter referred to as “Yinyi group”), and Yinyi group and Yinyi holding officially entered the reorganization procedure. In July 2020, Ningbo intermediate people’s court ruled that 16 companies such as Yinyi holdings and Yinyi

Securities code: Guangxi Hechi Chemical Co.Ltd(000953) securities abbreviation: Guangxi Hechi Chemical Co.Ltd(000953) Announcement No.: 2022008

Billion group merger and reorganization (hereinafter referred to as “merger and reorganization company”). On September 16, 2020, the Supreme People’s Court published the announcement of the manager of Yinyi Group Co., Ltd. on the public recruitment and selection of reorganization investors on the national enterprise bankruptcy and reorganization case information website, announcing the matters related to the recruitment and selection of reorganization investors by the merger and reorganization company. As of the deadline for registration, a number of intended restructuring investors have registered. At present, the relevant intended restructuring investors are carrying out due diligence on the merger and reorganization company.

6. After verification, the controlling shareholders, actual controllers and persons acting in concert of the company did not buy or sell the company’s shares during the abnormal fluctuation of the company’s stock trading.

3、 Whether there is a description of the information that should be disclosed but not disclosed

The board of directors of the company confirms that, in addition to the above matters, the company has no undisclosed matters or planning, negotiation, intention and agreement related to the matters that should be disclosed in accordance with the relevant provisions of the stock listing rules of Shenzhen Stock Exchange; 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 and their derivatives that should be disclosed in accordance with the relevant provisions of the stock listing rules of Shenzhen Stock Exchange; The information disclosed by the company in the early stage does not need to be corrected or supplemented.

4、 Other risk tips

1. The company does not violate the fair disclosure of information.

2. The company disclosed the 2021 annual performance forecast (Announcement No.: 2022004) on January 29, 2022. As of the disclosure date of this announcement, the above performance is not expected to be corrected. The specific financial data of the company in 2021 shall be subject to the annual report of the company in 2021. 3. The information disclosure media designated by the company are China Securities Journal, securities times and cninfo (www.cn. Info. Com. CN), All information of the company is subject to the information published in the above media. Please pay attention to the investment risks.

It is hereby announced.

Guangxi Hechi Chemical Co.Ltd(000953) board of directors

March 5, 2022

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