Securities code: Suzhou Yangtze New Materials Co.Ltd(002652) securities abbreviation: Suzhou Yangtze New Materials Co.Ltd(002652) Announcement No.: 202203-02
Suzhou Yangtze New Materials Co.Ltd(002652)
Announcement on the progress of planning the sale of major assets
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、 Overview of this major asset sale
Suzhou Yangtze New Materials Co.Ltd(002652) (hereinafter referred to as “the company”) signed the framework agreement on equity transfer of Russia United New Materials Co., Ltd. (hereinafter referred to as “the framework agreement”) with Ma Deming and Ma Chen on December 18, 2020, It is proposed to transfer 51% of the equity of Russia United New Materials Co., Ltd. (hereinafter referred to as “Russia united”) held by the company through agreement transfer.
In the announcement on the progress of planning the sale of major assets (Announcement No.: 202101-05) disclosed on January 20, 2021, the company disclosed that it had received 10 million yuan of equity transfer intention payment from the transferee.
The company disclosed in the progress announcement on planning the sale of major assets (Announcement No.: 202106-11) disclosed on June 29, 2021 that the company has signed the supplementary agreement on the equity transfer framework agreement of Russia United New Materials Co., Ltd. with Ma Deming and Ma Chen. Both parties agree that the validity period and exclusivity period of the framework agreement between the two parties shall be extended to September 30, 2021.
The company disclosed in the progress announcement on planning the sale of major assets (Announcement No.: 202109-05) disclosed on October 8, 2021 that the company signed the supplementary agreement 2 on the equity transfer framework agreement of Russia United New Materials Co., Ltd. with Ma Deming and Ma Chen. Both parties agree to extend the validity and exclusivity of the framework agreement to December 31, 2021.
For details, please refer to China Securities Journal, securities times, securities daily and cninfo (www.cn. Info. Com. CN.) on December 22, 2020, January 20, 2021, June 29, 2021 and October 8, 2021 The suggestive announcement on planning the sale of major assets and signing the equity transfer framework agreement (Announcement No.: 202012-05), the progress announcement on planning the sale of major assets (Announcement No.: 202101-05), the progress announcement on planning the sale of major assets (Announcement No.: 202106-11) Announcement on the progress of planning the sale of major assets (Announcement No.: 202109-05), and the announcement on planning the sale of major assets disclosed every 10 trading days
Securities code: Suzhou Yangtze New Materials Co.Ltd(002652) securities abbreviation: Suzhou Yangtze New Materials Co.Ltd(002652) Announcement No.: 202203-02
Progress bulletin for.
2、 Progress of this major asset sale
At present, according to the audit and evaluation of the Russian joint venture, the asset sale constitutes a major asset reorganization. In accordance with the measures for the administration of major asset reorganization of listed companies, the company has hired independent financial consultants in accordance with the provisions of the securities law, Kyushu Securities Co., Ltd., law firm, Beijing Deheng Law Firm The audit institution Chongqing Kanghua Certified Public Accountants (special general partnership), the appraisal institution Chongqing Huakang asset appraisal Land Real Estate Appraisal Co., Ltd. and overseas intermediaries jointly promote the work related to this major asset restructuring. In the follow-up, they will timely perform the corresponding approval procedures and information disclosure obligations in strict accordance with the provisions of relevant laws and regulations according to the progress.
3、 Risk tips
1. The transaction is still in the planning stage, and the transaction scheme needs further demonstration, communication and negotiation. There are still major uncertainties in the specific implementation content and progress, which shall be subject to the formal agreement signed by both parties.
2. There are still major uncertainties in matters related to this transaction, and 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 China Securities News, securities times, securities daily and cninfo (www.cn. Info. Com. CN.), All information of the listed company shall be subject to the contents published in the above designated media. Please pay attention to the risks.
It is hereby announced.
Suzhou Yangtze New Materials Co.Ltd(002652) board of directors March 8, 2002
