Jilin Chemical Fibre Co.Ltd(000420) : Announcement on the temporary production reduction of the company affected by the epidemic

Securities code: Jilin Chemical Fibre Co.Ltd(000420) securities abbreviation: Jilin Chemical Fibre Co.Ltd(000420) Announcement No.: 202213 Jilin Chemical Fibre Co.Ltd(000420)

Announcement on the temporary production reduction of the company affected by the epidemic

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.

Important content tips:

In view of the complexity and seriousness of the current situation of epidemic prevention and control in China, in order to resolutely block the transmission of New Coronavirus pneumonia in Jilin and effectively curb the spread and spread of the epidemic, according to the announcement on the further strengthening of epidemic prevention and control (No. 2022 thirteenth) issued by the leading group of the epidemic prevention and control group of New Coronavirus pneumonia in Jilin, Jilin Chemical Fibre Co.Ltd(000420) (hereinafter referred to as “the company”) and its subsidiaries began to temporarily reduce production.

1、 Basic information

In recent years, the situation of New Coronavirus pneumonia in Jilin is serious. In accordance with the requirements of the government’s epidemic prevention and control, the flow of personnel is limited, resulting in insufficient labor and labor. After the decision of the leading group of the company’s epidemic prevention and control work, temporary production reduction measures were taken in March 11, 2022.

2、 Impact on the company

The temporary production reduction will have a certain adverse impact on the company’s operating performance in the first quarter of 2022. The specific degree of impact is subject to the financial report in the first quarter of 2022.

3、 Countermeasures

According to the development and changes of the epidemic situation, the company shall make corresponding production scheduling arrangements to ensure the normal operation during this period, and make preparations for the full resumption of production in advance, so as to strive for the full resumption of production at the first time after the elimination of epidemic prevention and control and reduce losses; At the same time, it also actively supports the government’s epidemic prevention work and helps the epidemic prevention and control win as soon as possible.

4、 Risk tips

It is believed that with the joint efforts of the government and all sectors of society, the epidemic will be controlled soon. It is expected that this temporary production reduction is a short-term measure for epidemic prevention and will not have an adverse impact on the long-term development of the company. The company will pay close attention to the follow-up progress of the epidemic disposal and temporary production reduction, and timely perform the obligation of information disclosure in accordance with relevant regulations. Please pay attention to the investment risks.

It is hereby announced!

Jilin Chemical Fibre Co.Ltd(000420) board of directors March 11, 2002

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