Securities code: Kelin Environmental Protection Equipment Inc(002499) securities abbreviation: ST Colin Announcement No.: 2022014 Kelin Environmental Protection Equipment Inc(002499)
Announcement on the change of the company’s share price
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.
1、 Abnormal fluctuations in stock trading
Kelin Environmental Protection Equipment Inc(002499) (hereinafter referred to as “the company”) deviated from the closing price by more than 12% for two consecutive trading days on March 7 and March 8, 2022. According to the relevant provisions of the trading rules of Shenzhen Stock Exchange, it is an abnormal fluctuation of stock trading.
2、 The company pays attention to and verifies relevant information
In view of the abnormal fluctuation of the company’s stock trading, the board of directors of the company has verified the controlling shareholders, actual controllers, shareholders holding more than 5% of the shares, all directors, supervisors and senior managers of the company through telephone and on-site inquiry. 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. On February 17, 2022, the company disclosed the announcement on the reply to the letter of concern of Shenzhen Stock Exchange (Announcement No.: 2022008), and replied to the questions related to the company’s performance forecast in 2021.
3. The company’s 2021 annual report is scheduled to be disclosed on March 31, 2022. The company has not found any potential risk that the annual report cannot be disclosed within the legal period.
4. In addition to the above information, the company has not found any unpublished material information that may or has had a great impact on the company’s stock trading price reported by the public media recently.
5. Up to now, the operation of the company is normal, and the internal and external business environment has not changed significantly.
6. The company, the controlling shareholder, the actual controller and the shareholders holding more than 5% of the company’s shares do not have any major matters that should be disclosed but not disclosed about the company, or major matters in the planning stage.
7. During the period of stock change, there was no behavior of the company’s controlling shareholders and actual controllers buying and selling the company’s shares, nor did the company’s directors, supervisors and senior managers buy and sell the company’s shares.
8. The company does not violate the provisions on fair information disclosure.
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 stock listing rules of Shenzhen Stock Exchange and other relevant provisions; 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 stock listing rules of Shenzhen Stock Exchange and other relevant provisions; The information disclosed by the company in the early stage does not need to be corrected or supplemented.
4、 Risk tips
1. Through self-examination, the company has no violation of fair information disclosure.
2. The company disclosed the 2021 annual performance forecast on January 26, 2022. As of the disclosure date of this announcement, the above performance is not expected to be corrected. The final financial data of the company in 2021 shall be subject to the audited 2021 annual report officially disclosed by the company.
3. The company faces further litigation and arbitration due to overdue debts, and some bank accounts of the company and its subsidiaries are frozen. The company will actively communicate with relevant creditors and strive to properly solve the above matters in order to maintain the stability of the company’s production and operation.
4. The audited net profit of the company in 2018 and 2019 was negative, and the net profit after deducting non profits in 2020 was negative. The company’s shares continued to implement the “delisting risk warning” after the disclosure of the 2020 annual report. According to the relevant provisions of the Listing Rules of Shenzhen Stock Exchange, the company’s net profit after deducting non recurring profits and losses for three consecutive fiscal years in 2018, 2019 and 2020 is negative, and the 2020 audit report shows that the company’s sustainable operation ability is uncertain, Touching the relevant provisions of article 13.3 of the stock listing rules of Shenzhen Stock Exchange (revised in 2020), the company’s stock trading was subject to “other risk warning”. According to article 9.3.11 of the Listing Rules of Shenzhen Stock Exchange (revised in 2022), if the company’s 2021 annual report indicates that the company has any of the circumstances listed in article 9.3.11, Shenzhen Stock Exchange will decide to terminate the listing and trading of the company’s shares.
5. The company was investigated by China Securities Regulatory Commission on suspicion of illegal information disclosure. If the company is subject to administrative punishment by the China Securities Regulatory Commission due to the matters under investigation, and the illegal act constitutes a major illegal compulsory delisting as stipulated in articles 9.5.1 and 9.5.2 of the Listing Rules of Shenzhen Stock Exchange (revised in 2022), the company’s shares are at risk of compulsory delisting.
6. Due to the dispute between Chongqing dongchengruiye Investment Co., Ltd. (hereinafter referred to as “dongchengruiye”), the largest shareholder of the company, and Industrial Bank Co.Ltd(601166) Shenzhen Heping sub branch, the case has not been decided yet. Dongchengruiye is still actively trying to communicate with the applicant for execution for solutions, so as to resolve the dispute peacefully and stably. However, if the shares held by dongchengruiye are judicially disposed of, there is a risk that the largest shareholder of the company will change.
7. The information disclosure media designated by the company are securities times and http://www.cn.info.com.cn, The information of the company shall be subject to the information published in the above designated media. 5、 Other matters
The company will continue to fulfill the obligation of information disclosure in strict accordance with the provisions and requirements of relevant laws and regulations, and do a good job of information disclosure in a timely manner.
Please pay attention to the risks.
It is hereby announced.
Kelin Environmental Protection Equipment Inc(002499) board of directors March 8, 2002
