Xinjiang Tianshun Supply Chain Co.Ltd(002800) : announcement of abnormal fluctuations in stock trading

Securities code: Xinjiang Tianshun Supply Chain Co.Ltd(002800) securities abbreviation: Xinjiang Tianshun Supply Chain Co.Ltd(002800) Announcement No.: 2022009 Xinjiang Tianshun Supply Chain Co.Ltd(002800)

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

Xinjiang Tianshun Supply Chain Co.Ltd(002800) (hereinafter referred to as “the company” or “the company”) (Securities abbreviation: Xinjiang Tianshun Supply Chain Co.Ltd(002800) ; securities code: Xinjiang Tianshun Supply Chain Co.Ltd(002800) ) within two consecutive trading days (March 4 and March 7, 2022), the cumulative deviation of the closing price increase exceeds 20%. According to the relevant provisions of the trading rules of Shenzhen Stock Exchange, it is an abnormal fluctuation of stock trading.

2、 Description of the company’s concern and verification

In view of the abnormal fluctuation of the company’s stock trading, the board of directors of the company has verified the relevant matters of the company, the controlling shareholder and the actual controller, and now the relevant information is explained as follows:

1. There is no need to correct or supplement the information disclosed by the company in the early stage;

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 The company has not found any unpublished material information that may or has had a great impact on the stock trading price of the company reported by the public media recently;

3. There has been no significant change in the company’s business situation and internal and external business environment recently;

4. After verification, the company, the controlling shareholder and the actual controller have no major matters that should be disclosed but not disclosed about the company, or are in the planning stage;

5. After verification, the controlling shareholder and actual controller of the company did not buy or sell the company’s shares during the stock change period.

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 the company has no undisclosed matters or planning, negotiation, intention, agreement, etc. 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、 Relevant risk tips

1. The company is concerned that the recent hot spots in the capital market involve the “Sino Russian trade concept”, and the company’s Russian related business income accounts for a relatively small proportion of the company’s operating income. At the same time, due to the impact of the Russian Ukrainian war, the company’s business development related to Russia is uncertain. Please invest rationally and pay attention to investment risks.

2. The recent rise of the company’s share price deviates greatly from the value, and there is a risk of high valuation. As of the disclosure date of this announcement, there has been no significant change in the company’s fundamentals, and the recent increase in share price has deviated from the company’s fundamentals. According to the statistics of China Securities Index Co., Ltd., as of March 7, 2022, the latest static P / E ratio of the company’s “road transportation industry” (Industry Code: g54) was 18.50 times, and the average static P / E ratio in the latest month was 18.71 times; The closing price of the company’s stock is 27.86 yuan / share, corresponding to a static P / E ratio of 103.41 times, which deviates from the industry P / E ratio. We hereby remind investors to invest rationally and pay attention to risks.

3. Through self-examination, the company does not violate the fair disclosure of information.

4. The company does not need to disclose the performance forecast, and the unpublished periodic report data information is not provided to the third party other than the company’s audit institution.

5. The company solemnly reminds investors: securities times, Shanghai Securities News and cninfo( http://www.cn.info.com.cn. )For the information disclosure media selected by the company, all information of the company shall be subject to the information published in the above designated media. Investors are invited to invest rationally and pay attention to risks. The company will conscientiously perform the obligation of information disclosure and do a good job of information disclosure in a timely manner in strict accordance with the provisions and requirements of relevant laws and regulations.

It is hereby announced

Xinjiang Tianshun Supply Chain Co.Ltd(002800) board of directors March 8, 2022

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