Stock abbreviation: Xinjiang International Industry Co.Ltd(000159) Stock Code: 000159 No.: 2021-71 Xinjiang International Industry Co.Ltd(000159) about
Announcement on the progress of major asset sales
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.
On July 21, 2021 and August 13, 2021, the third meeting of the eighth board of directors and the second extraordinary general meeting of shareholders in 2021 deliberated and adopted the proposal on major asset sale plan and major asset sale report, It is decided to transfer 40% equity of Wanjia Fund Management Co., Ltd. (hereinafter referred to as “Wanjia fund”) to Shandong new kinetic energy fund management Co., Ltd. (hereinafter referred to as “Shandong new kinetic energy company”) ）。 The change of shareholders of Wanjia fund needs to be approved by the CSRC. At present, Wanjia fund has submitted application materials to the CSRC for formal acceptance. See the announcements published in the securities times and cninfo.com.cn on July 22, 2021, August 14, 2021, August 21, 2021 and December 9, 2021 for details and progress.
Recently, the company learned from relevant websites that 40% of the equity of Wanjia fund held by the company was frozen by the people’s Court of Pizhou City, Jiangsu Province on December 22, 2021, Implementation notice Document No (2021) Su 0382 CaiBao Law No. 186 and 187. Up to now, the company has not received the court freezing document or the written document of the applicant’s lawsuit. It is preliminarily understood that the equity of Wanjia Jijin ginseng held by the company is frozen because there is still a certain dispute between the company, Xuzhou suling Building Materials Trading Co., Ltd. and natural person Zhou Zhongmin over the performance of the contract Zhou Zhongmin, a natural person, filed a pre litigation preservation to the court.
On December 27, 2021, the company reached a settlement through coordination and communication with the other party. On December 28, the applicant applied to the people’s Court of Pizhou City, Jiangsu Province for unsealing, The people’s Court of Pizhou City, Jiangsu Province ruled and issued the civil ruling (2021) su0382 Caibao No. 186-1 and No. 187-1 lifted the freeze on 40% of the equity of Wanjia fund held by the company, which shall be implemented immediately after the ruling is delivered. The participating equity held by the company has been frozen for a short time, and a settlement has been reached and the seal has been released, which will not have a significant impact on the company’s major asset sale. The equity transfer of Wanjia fund held by the company The qualification of shareholders needs to be approved by the CSRC, and there is still uncertainty whether it can be approved. The company will timely perform the obligation of information disclosure according to the progress of relevant matters. The information disclosure media designated by the company are securities times and cninfo.com（ http://www.cn.info.com..cn. ）, please pay attention to the investment risk.
It is hereby announced.
Xinjiang International Industry Co.Ltd(000159)
Board of directors
December 29, 2021
