Xinjiang Zhundong Petroleum Technology Co.Ltd(002207) : Announcement on receipt of civil ruling

Xinjiang Zhundong Petroleum Technology Co.Ltd(002207)

XINJIANGZHUNDONGPETROTECHCO., LTD

Securities code: Xinjiang Zhundong Petroleum Technology Co.Ltd(002207) securities abbreviation: Xinjiang Zhundong Petroleum Technology Co.Ltd(002207) Announcement No.: 2022021 Xinjiang Zhundong Petroleum Technology Co.Ltd(002207)

Announcement on receipt of civil ruling

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.

On March 11, 2022, Xinjiang Zhundong Petroleum Technology Co.Ltd(002207) (hereinafter referred to as “the company”) received the “civil ruling” (2020) Jing 0108 min Chu No. 27067 bis “made by Beijing Haidian District People’s Court (hereinafter referred to as” Haidian court “). Whereas, Haidian court has made civil judgment (2020) Jing 0108 min Chu No. 27067 on December 30, 2021, which rejected all claims of the plaintiff Zhong’an financing (Shenzhen) commercial factoring Co., Ltd. (hereinafter referred to as “Zhong’an financing”), and the judgment has come into force; On February 21, 2022, Haidian court ruled to terminate the preservation measures of sealing up, seizing or freezing the company’s property with a value of 2806375178 yuan on January 15, 2021 due to the dispute over private lending of Zhongan Rongjin, and ordered to start execution immediately.

So far, the case of “private loan dispute” with case No. (2020) Jing 0108 and min Chu No. 27067 has been concluded and the company won.

This announcement does not constitute any investment proposal, and investors should not substitute such information for their independent judgment or make decisions only based on such information. The information disclosure media designated by the company are securities times, China Securities News and cninfo (www.cn. Info. Com. CN), All information of the company shall be subject to the announcements and information disclosure documents published by the company in the above designated information disclosure media. Please invest rationally and pay attention to risks.

It is hereby announced.

Xinjiang Zhundong Petroleum Technology Co.Ltd(002207)

Board of directors

March 12, 2022

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