Guangdong No.2 Hydropower Engineering Company Ltd(002060) : Announcement on the progress of suspension in planning major asset restructuring

Securities code: Guangdong No.2 Hydropower Engineering Company Ltd(002060) securities abbreviation: Guangdong No.2 Hydropower Engineering Company Ltd(002060) Announcement No.: pro 2022018 – 1 – Guangdong No.2 Hydropower Engineering Company Ltd(002060) announcement on the progress of suspension in planning major asset restructuring. 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 Guangdong No.2 Hydropower Engineering Company Ltd(002060) (hereinafter referred to as “the company”) is planning to issue shares to purchase 100% equity of Guangdong Construction Engineering Group Co., Ltd. (hereinafter referred to as “the transaction object” or “the Construction Engineering Group”) held by Guangdong Construction Engineering Group Holding Co., Ltd. (hereinafter referred to as “the Construction Engineering holding”), Meanwhile, non-public offering of shares to raise matching funds (hereinafter referred to as “this transaction”). In view of the uncertainty of this matter, in order to safeguard the interests of the majority of investors and avoid abnormal fluctuations in the company’s share price, according to the relevant provisions of Shenzhen Stock Exchange, upon the application of the company, the trading of the company’s shares (Securities abbreviation: Guangdong No.2 Hydropower Engineering Company Ltd(002060) , securities code: Guangdong No.2 Hydropower Engineering Company Ltd(002060) ) will be suspended from the opening of the market on March 8, 2022, and the suspension is expected to be no more than 10 trading days. For details, please refer to China Securities Journal, securities times, Shanghai Securities News, securities daily and cninfo.com on March 8, 2022（ http://www.cn.info.com.cn. ）The announcement of Guangdong No.2 Hydropower Engineering Company Ltd(002060) on the suspension of planning major asset restructuring (Announcement No.: pro 2022012) disclosed. As of the disclosure date of this announcement, the company and other parties are actively promoting the relevant work of this major asset restructuring. In view of the uncertainty of the above matters, in order to safeguard the interests of the majority of investors and avoid abnormal fluctuations in the company’s share price, the securities code is Guangdong No.2 Hydropower Engineering Company Ltd(002060) . Securities abbreviation: Guangdong No.2 Hydropower Engineering Company Ltd(002060) Announcement No.: pro 2022018 – 2 – in accordance with the relevant provisions of Shenzhen Stock Exchange, the trading of the company’s shares continues to be suspended. During the suspension period, the company will timely perform the obligation of information disclosure according to the progress of matters related to this major asset restructuring. At the same time, the company will perform the necessary review procedures in strict accordance with the relevant provisions of laws, regulations and normative documents, submit the documents that meet the requirements of relevant regulations to Shenzhen Stock Exchange before the expiration of the suspension period, and apply for stock resumption. The information disclosure media designated by the company are China Securities News, securities times, Shanghai Securities News, securities daily and cninfo（ http://www.cn.info.com.cn. ）, all information of the company shall be subject to the information disclosed in the above designated media. There is still uncertainty in this major asset restructuring of the company. Please pay attention to the follow-up announcement of the company and pay attention to the investment risk. It is hereby announced Guangdong No.2 Hydropower Engineering Company Ltd(002060) board of directors March 15, 2022