Wenyi Trinity Technology Co.Ltd(600520) : Wenyi Trinity Technology Co.Ltd(600520) stock trading abnormal fluctuation announcement

Securities code: Wenyi Trinity Technology Co.Ltd(600520) securities abbreviation: Wenyi Trinity Technology Co.Ltd(600520) Announcement No.: pro 2022006 Wenyi Trinity Technology Co.Ltd(600520)

Announcement of abnormal fluctuations in stock trading

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.

Important content tips:

The deviation of the closing price of the company’s shares from the value has reached 20% in three consecutive trading days, which belongs to the abnormal fluctuation of stock trading.

After the company’s self-examination and sent letters to Tongling Sanjia Electronics (Group) Co., Ltd. (hereinafter referred to as “Sanjia group”), the controlling shareholder of the company, Mr. Zhou Wenyu and Ms. Luo Qifang, the actual controllers of the company, it is confirmed that there is no material information that should be disclosed but not disclosed involving our company.

1、 Details of abnormal fluctuations in stock trading

Wenyi Trinity Technology Co.Ltd(600520) (hereinafter referred to as “the company” or “the company”) has accumulated more than 20% deviation from the closing price in three consecutive trading days (March 4, March 7 and March 8, 2022). According to the relevant provisions of the trading rules of Shanghai Stock Exchange, it has constituted abnormal fluctuations in stock trading. 2、 Relevant information concerned and verified by the company

(I) production and operation

According to the self inspection of the company, the production and operation of the company are normal, the internal and external business environment has not changed significantly, the company has no major information that should be disclosed but not disclosed, and the information about the company disclosed in the early stage does not need to be corrected and supplemented.

(II) major events

After the company’s self-examination and written inquiry and verification with the controlling shareholder and actual controller of the company, as of the date of this announcement, the company, the controlling shareholder and actual controller have no major events affecting the abnormal fluctuation of the company’s stock trading, and there are no other major information that should be disclosed but not disclosed, including but not limited to the planning of major asset restructuring, share issuance, acquisition involving Wenyi Trinity Technology Co.Ltd(600520) Debt restructuring, business restructuring, asset divestiture, asset injection, share repurchase, equity incentive, bankruptcy reorganization, major business cooperation, introduction of strategic investors and other major issues.

(III) media reports, market rumors and hot concepts

Upon verification by the company, no media reports or market rumors that may have a significant impact on the trading price of the company’s shares are found, and no hot concept matters are involved.

(IV) other stock price sensitive information

After verification by the company, the controlling shareholders and their persons acting in concert, directors, supervisors, senior managers and actual controllers of the company did not buy or sell the company’s shares during the abnormal fluctuation of the company’s stock trading. In addition, the company has not found any other major events that may have a great impact on the company’s share price.

3、 Relevant risk tips

(I) secondary market transaction risk

The closing price of the company’s shares deviated by more than 20% for three consecutive trading days on March 4, March 7 and March 8, 2022, which belongs to abnormal fluctuation of stock trading. Up to now, the total share capital of our company is 158.43 million shares, which belongs to small cap stocks among Listed Companies in Shanghai Stock Exchange. The category of the CSRC of the company’s industry belongs to special equipment manufacturing industry, but it belongs to one of the subdivided industries, with more business composition and certain span, which is different from other companies in the industry. According to the statistics of wind big data, at present, the average p / E ratio in the industry is 30.33 times, the latest dynamic P / E ratio of our company has reached 103.17 times, and the latest dynamic P / E ratio of our company is higher than the average level of the same industry. The company reminds investors to pay attention to the transaction risks in the secondary market, make rational decisions and invest prudently.

(II) pledge risk of major shareholders

Some shares of the company held by Tongling Sanjia Electronics (Group) Co., Ltd., the controlling shareholder of the company, and its persons acting in concert have been pledged (for details, please refer to the supplementary statement to the announcement of Wenyi Trinity Technology Co.Ltd(600520) previous share pledge release and the announcement of this share pledge disclosed by the company on January 6, 2022 and the announcement of Lin 2022005 disclosed on January 15, 2022) Announcement on pledge of Wenyi Trinity Technology Co.Ltd(600520) shares).

Up to now, the total number of Pledged Shares of the controlling shareholders and their persons acting in concert is 30000000 shares, accounting for 698891% of the total shares of the company and 189358% of the total share capital of the company. The Pledged Shares do not have the risk of closing positions or being forced to close positions, and there is no performance compensation obligation to be performed. The actual control of the company is relatively stable and controllable, It will not lead to significant changes in the equity structure of the company.

4、 Board statement

The board of directors of the company confirms that, except for the disclosed public information, the company does not have any matters that should be disclosed but not disclosed in accordance with the relevant provisions of the stock listing rules or the planning, negotiation, intention and agreement related to such matters, and the board of directors has not been informed of the matters that should be disclosed but not disclosed in accordance with the relevant provisions of the stock listing rules Information that may have a great impact on the trading price of the company’s shares and their derivatives; The information disclosed by the company in the early stage does not need to be corrected or supplemented.

All information of the company is published in Securities Daily, securities times, Shanghai Securities News, China Securities News and the website of Shanghai Stock Exchange (www.sse. Com. CN) The official announcement published on the shall prevail. Please invest carefully and pay attention to risks.

It is hereby announced.

Wenyi Trinity Technology Co.Ltd(600520) board of directors March 8, 2002

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