Securities code: Guangdong Bobaolon Co.Ltd(002776) securities abbreviation: St Bailong Announcement No.: 2022010 Guangdong Bobaolon Co.Ltd(002776)
Announcement of abnormal fluctuations in stock trading
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、 Introduction to abnormal fluctuations in stock trading
Guangdong Bobaolon Co.Ltd(002776) (hereinafter referred to as “the company”) stock (Securities abbreviation: St Bailong; securities code: Guangdong Bobaolon Co.Ltd(002776) ) trading price within three consecutive trading days (March 7, 2022, March 3, 2022)
The cumulative deviation of the closing price increase on March 8 and March 9, 2022) is 16.70%. According to the relevant provisions of the stock listing rules of Shenzhen Stock Exchange, it belongs to the abnormal fluctuation of stock trading.
2、 Description of the company’s concern and verification
In view of the abnormal fluctuation of the company’s shares, the company has checked the relevant matters, and the relevant information is described as follows:
1. On October 30, 2021, the company disclosed the announcement on receiving the prior notice of administrative punishment and market Prohibition (Announcement No.: 2021056). The case of the company suspected of violating laws and regulations in information disclosure has been investigated by the CSRC. The CSRC plans to impose administrative penalties on the company and relevant personnel and take market entry prohibition measures according to law. The company will continue to pay attention to the progress of the above matters and perform the obligation of information disclosure in a timely manner in strict accordance with the provisions and requirements of relevant laws and regulations.
2. On January 12, 2022, we received the award (2021) szgz No. 1189 and (2021) szgz No. 1190 issued by Shenzhen International Arbitration Court submitted by Mr. Chen Weixiong and Ms. Chen Nana, the controlling shareholders of the company. Shenzhen International Arbitration Court Ms. Chen Nana and Guosen Securities Co.Ltd(002736) Co., Ltd. made a final ruling on the dispute over stock pledge business. For details, please refer to the announcement on the receipt of arbitration award by the controlling shareholder (Announcement No.: 2022002) disclosed by the company on January 14, 2022.
The controlling shareholders of the company, Mr. Chen Weixiong and Ms. Chen Nana, have reached a preliminary consensus with Guosen Securities Co.Ltd(002736) on the debt solution. If the two parties fail to reach a settlement, the shares held by Mr. Chen Weixiong and Ms. Chen Nana may be applied for auction according to law. If the shares held by Mr. Chen Weixiong and Ms. Chen Nana are disposed of by the pledgee, there will be a risk of instability in the control of the company. The company will continue to pay attention to the progress of relevant matters and fulfill the obligation of information disclosure in a timely manner in strict accordance with relevant regulations.
3. Recently, the company has not found any unpublished material information reported by public media that may or has had a great impact on the stock trading price of the company.
4. Recently, the operation of the company is normal, and the internal and external business environment has not changed significantly.
5. The company, the controlling shareholder and the actual controller have no major events that should be disclosed but not disclosed about the company, or major events in the planning stage.
6. The controlling shareholders and actual controllers of the company did not buy or sell the company’s shares during the period of abnormal stock fluctuations.
3、 Whether there is a description of the information that should be disclosed but not disclosed
According to the information currently known to the board of directors of the company, the board of directors of the company confirms that the company has no undisclosed matters or planning, negotiation, intention and agreement related to the matters that should be disclosed in accordance with the relevant provisions of the stock listing rules of Shenzhen Stock Exchange; 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 relevant provisions of the stock listing rules of Shenzhen Stock Exchange; The information disclosed by the company in the early stage does not need to be corrected or supplemented. 4、 Risk tips
1. On October 28, 2021, the company received the advance notice of administrative punishment and market entry Prohibition (punishment Zi 2021 No. 99) issued by the CSRC (see www.cn.info.com.cn. Announcement No.: 2021056 for details)
2. On August 23, 2021, the company received a letter from the controlling shareholder, Ms. Chen Nana, and learned that it had received the advance notice of administrative punishment and market Prohibition (punishment Zi [2021] No. 58) from the China Securities Regulatory Commission on August 10, 2021 (see www.cn.info.com.cn. Announcement No.: 2021040 for details)
3. The controlling shareholders of the company, Mr. Chen Weixiong and Ms. Chen Nana, hold 205101013 shares of the company, accounting for 38.12% of the total share capital of the company. Up to now, all the shares held by Mr. Chen Weixiong and Ms. Chen Nana are in the state of pledge, and there is a risk of being forcibly closed by the pledgee.
4. On January 12, 2022, we received the award (2021) szgz No. 1189 and (2021) szgz No. 1190 issued by Shenzhen International Arbitration Court submitted by Mr. Chen Weixiong and Ms. Chen Nana, the controlling shareholders of the company (see www.cn.info.com.cn. Announcement No.: 2022002 for details).
5. The company solemnly reminds investors that securities times, China Securities News, Shanghai Securities News, securities daily and cninfo are the information disclosure media designated by the company. All information publicly disclosed by the company shall be subject to the information published in the above designated media.
6. The company will conscientiously perform the obligation of information disclosure and do a good job of information disclosure in a timely manner in strict accordance with the provisions and requirements of relevant laws and regulations. Investors should pay attention to rational investment and risk.
It is hereby announced.
Guangdong Bobaolon Co.Ltd(002776) board of directors
March 9, 2022
