Beijing Compass Technology Development Co.Ltd(300803) board of directors
Explanation on the stock price fluctuation does not meet relevant standards
Beijing Compass Technology Development Co.Ltd(300803) (hereinafter referred to as "the company"), as the reorganization investor of Wangxin Securities Co., Ltd. (hereinafter referred to as "Wangxin securities"), intends to pay RMB 1.5 billion in cash to the manager of Wangxin securities to pay off the debts of Wangxin securities, and hold 100% of the shares of Wangxin securities after the reorganization (hereinafter referred to as "this transaction"). This transaction constitutes a major asset restructuring of the listed company.
According to item (VII) of Article 13 of the guidelines for self discipline supervision of listed companies of Shenzhen Stock Exchange No. 8 - major asset restructuring, excluding the influence of market factors and industry sector factors, the company's share price has increased or decreased by more than 20% within 20 trading days before the suspension of restructuring or the first disclosure of restructuring plan, and full risk warning shall be given.
On March 16, 2022, the company convened the board of directors for the first time to consider this major asset restructuring. The interval of 20 trading days before the announcement of the resolution of the board of directors is from February 17, 2022 to March 16, 2022. During this period, the company's stock price, gem index (399006. SZ) The rise and fall of the financial industry index (883027. WI) of the CSRC is shown in the table below:
Date Beijing Compass Technology Development Co.Ltd(300803) (yuan / share) GEM refers to the financial industry of the CSRC
（ Beijing Compass Technology Development Co.Ltd(300803) .SZ） （399006.SZ） （883027.WI）
Closing price on February 16, 2022: 43. Chengdu Fusen Noble-House Industrial Co.Ltd(002818) 40535524
Closing price on March 16, 2022: 37.75263508478893
During the period, the increase and decrease were - 12.21% - 6.50% - 10.57%
Note: according to the industry classification of China Securities Regulatory Commission, the company belongs to the financial industry - other financial industries, so the industry index selects the financial industry of China Securities Regulatory Commission (883027. WI).
The company's share price rose or fell by - 12.21% during the above-mentioned period. Excluding the influence of market factors and industry sector factors, the company's share price rose or fell by - 5.71% and - 1.64% respectively in the 20 trading days before the announcement of this major asset restructuring information, and the rise or fall was less than 20%.
The board of directors of the company believes that after excluding the influence of market factors and industry sector factors respectively, the cumulative rise and fall of the company's share price within 20 trading days before the first disclosure of this major asset restructuring plan is no more than 20% Beijing Compass Technology Development Co.Ltd(300803) board of directors
March 17, 2022
