Securities code: Qingdao Tgood Electric Co.Ltd(300001) securities abbreviation: Qingdao Tgood Electric Co.Ltd(300001) Announcement No.: 2022018 Qingdao Tgood Electric Co.Ltd(300001)
General risk warning announcement on the listing of spin off subsidiaries
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.
Qingdao Tgood Electric Co.Ltd(300001) (hereinafter referred to as “the company”) intends to spin off its subsidiary TEDA new energy Co., Ltd. (hereinafter referred to as “TEDA”) to be listed on the science and Innovation Board of Shanghai Stock Exchange (hereinafter referred to as “the spin off”).
After the completion of this spin off, the ownership structure of the company will not change, and will still maintain the control over the special call.
On March 7, 2022, the company held the third meeting of the Fifth Board of directors and the second meeting of the Fifth Board of supervisors, and deliberated and adopted the plan for the spin off of its subsidiary, special call New Energy Co., Ltd. to be listed on the science and innovation board and other relevant proposals, For details, see the relevant announcements disclosed by the company on the gem information disclosure website designated by the CSRC on the same day.
According to the guidelines for the supervision of listed companies No. 7 – supervision of abnormal stock transactions related to major asset restructuring of listed companies, if there are obvious abnormalities in stock transactions before the first announcement of the company’s spin off, there may be a risk that the spin off will be suspended and terminated due to the filing and investigation of suspected insider trading.
The spin off can be implemented only after meeting a number of conditions, including but not limited to obtaining the formal approval of the spin off plan by the general meeting of shareholders of the company, performing the corresponding procedures of the stock exchange and China Securities Regulatory Commission, etc. Whether the spin off can obtain the above approval or approval and the final time of obtaining relevant approval or approval are uncertain. Please pay attention to the investment risks.
It is hereby announced.
Qingdao Tgood Electric Co.Ltd(300001) board of directors
March 7, 2022
