Securities code: Zibo Qixiang Tengda Chemical Co.Ltd(002408) securities abbreviation: Zibo Qixiang Tengda Chemical Co.Ltd(002408) Announcement No.: 2022015 bond Code: 128128 bond abbreviation: Qi Xiangzhuan 2
Zibo Qixiang Tengda Chemical Co.Ltd(002408)
Announcement on the progress of suspension and extension of resumption
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.
Zibo Qixiang Tengda Chemical Co.Ltd(002408) (hereinafter referred to as “the company”) received a notice from the controlling shareholder Zibo Qixiang Petrochemical Group Co., Ltd. (hereinafter referred to as “Qixiang group”) and its concerted actor cedar Industry Group Co., Ltd. (hereinafter referred to as “Cedar industry”), and Qixiang group and cedar industry are planning major matters related to the change of control of the company. The counterparty is a professional investment management organization, focusing on equity investment and other fields. If the above transaction goes smoothly, it will lead to the change of the actual controller of the company.
As the above matters are still in the planning period, the transaction plan still needs further demonstration, communication and negotiation, and involves the examination of the declaration of concentration of business operators to the State Administration of market supervision (if necessary) and the submission of foreign investment information to the competent department of Commerce, which is still uncertain. In order to safeguard the interests of the majority of investors and avoid abnormal fluctuations in the company’s share price, the company applied to the Shenzhen Stock Exchange in accordance with the relevant provisions of the stock listing rules of Shenzhen Stock Exchange and the self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 6 – suspension and resumption of trading, The trading of the company’s shares (stock abbreviation: Zibo Qixiang Tengda Chemical Co.Ltd(002408) , stock code: Zibo Qixiang Tengda Chemical Co.Ltd(002408) ) and convertible corporate bonds (bond abbreviation: Qi Xiangzhuan 2, bond Code: 128128) was suspended for two consecutive trading days on March 7, 2022 and March 8, 2022. For details, please refer to the company’s website on Juchao information network (www.cn. Info. Com. CN.) on March 7, 2022 Announcement on the change of controlling shareholders’ planning control and suspension of trading in major events (Announcement No.: 2022014).
During the suspension period, the trading parties further communicated and demonstrated on the change of control. In view of the complexity of the change of control, the trading parties are actively promoting relevant procedures and implementing relevant transaction details. The company is not expected to resume trading in the morning of March 9, 2022 (Wednesday). Upon the application of the company to Shenzhen Stock Exchange, the trading of the company’s shares (stock abbreviation: Zibo Qixiang Tengda Chemical Co.Ltd(002408) , stock code: Zibo Qixiang Tengda Chemical Co.Ltd(002408) ) and convertible corporate bonds (bond abbreviation: Qi Xiangzhuan 2, bond Code: 128128) will continue to be suspended from the opening of March 9, 2022 (Wednesday), The suspension is expected to continue for no more than 3 trading days.
During the period of stock suspension, the company will perform the obligation of information disclosure in strict accordance with the provisions and requirements of relevant laws and regulations according to the progress of the above matters. After the above matters are determined, the company will timely issue relevant announcements and apply for the resumption of trading of the company’s shares and convertible corporate bonds.
The information disclosure media designated by the company are securities times, Securities Daily, China Securities News, Shanghai Securities News and cninfo（ http://www.cn.info.com.cn. ）, all information of the company is subject to the information disclosed in the above designated media. Please pay attention to the subsequent announcements of the company and pay attention to the investment risks.
It is hereby announced.
Zibo Qixiang Tengda Chemical Co.Ltd(002408) board of directors
March 9, 2022
