Yango Group Co.Ltd(000671) : suggestive announcement on passive reduction of shares held by shareholders

Securities code: Yango Group Co.Ltd(000671) securities abbreviation: Yango Group Co.Ltd(000671) Announcement No.: 2022034

Yango Group Co.Ltd(000671)

Suggestive announcement on passive reduction of shares held by shareholders

The company and all members of the board of directors guarantee that the information disclosed is true, accurate, complete and free from falsehood

Records, misleading statements or major omissions.

Recently, Yango Group Co.Ltd(000671) (hereinafter referred to as “the company”) received a letter from the controlling shareholder of the company

The notice to the actor Fujian Kangtian Industrial Group Co., Ltd. (hereinafter referred to as “Kangtian industry”) was received by Xikang

Tian industry held the guarantee from March 3 to March 10, 2022 because the guarantee proportion of some accounts was lower than the closing line

During the period, 7 Harbin Medisan Pharmaceutical Co.Ltd(002900) shares of the company were passively reduced through centralized bidding, accounting for 20% of the total share capital of the company

0.17%, the relevant conditions of this passive reduction are as follows:

1、 Basic information of this share change

1. Passive reduction of shareholders

Shareholder name relationship date number of shares (shares) unit price (yuan)

The person acting in concert by the controlling shareholders of Kangtian industry passively reduced 2696002.51 on March 3, 2022

The concerted action of the controlling shareholders of Kangtian industry passively reduced 2263002.46 on March 4, 2022

The controlling shareholders of Kangtian industry acted in concert to passively reduce their holdings of 17360002.45 on March 7, 2022

The concerted action of the controlling shareholders of Kangtian industry passively reduced 14274002.38 on March 8, 2022

The controlling shareholders of Kangtian industry acted in concert to passively reduce their holdings of 22181002.31 on March 9, 2022

The controlling shareholders of Kangtian industry acted in concert to passively reduce their holdings of 11255002.24 on March 10, 2022

2. Shareholding of shareholders before and after passive reduction

Shares held before this reduction and shares held after this reduction

Shareholder name share nature proportion in total share capital proportion in total share capital number of shares (shares) (%) number of shares (shares) (%)

Sunshine Group holds 15.97% of 661336264 shares in total

Dongfang Xinlong holds 14.51% of Aecc Aviation Power Co Ltd(600893) 047 shares in total

Kangtian industry holds a total of 3720941238.99% shares and 3650912238.82%

Total / 163432343439.47% 162732053439.30%

2、 Relevant risk tips

1. This centralized bidding reduction is the passive reduction of the controlling shareholders acting in concert, and the controlling shareholders

The person acting in concert has been actively communicating and coordinating with the creditor, and carried out debt extension and financing according to the requirements of the pledgee

Measures, funds and other relevant measures to reduce the adverse impact of this passive reduction of shares.

2. This passive reduction will not have a material impact on the corporate governance structure and sustainable operation, nor will it directly affect

Resulting in change of control of the company.

3. The company will continue to pay attention to the share changes of the controlling shareholders and their persons acting in concert, and urge them to strictly comply with the regulations

Abide by the securities law, the Listing Rules of Shenzhen Stock Exchange and the listed companies of Shenzhen Stock Exchange

Self regulatory guidelines No. 1 – standardized operation of listed companies on the main board, high reduction of shareholders, directors and supervisors of listed companies

Several provisions on holding shares, shareholders, directors, supervisors and senior managers of Listed Companies in Shenzhen Stock Exchange

The detailed rules for the implementation of share reduction and other relevant laws, regulations and normative documents shall be implemented in a timely manner

Disclosure obligations. Please invest rationally and pay attention to investment risks.

It is hereby announced.

Yango Group Co.Ltd(000671)

Board of directors

March 11, 2022

- Advertisment -