Zibo Qixiang Tengda Chemical Co.Ltd(002408) : Announcement on the freezing of the controlling shareholder’s equity held by cedar Industrial Group Co., Ltd

Securities code: Zibo Qixiang Tengda Chemical Co.Ltd(002408) securities abbreviation: Zibo Qixiang Tengda Chemical Co.Ltd(002408) Announcement No.: 2022018

Bond Code: 128128 bond abbreviation: Qi Xiangzhuan 2

Zibo Qixiang Tengda Chemical Co.Ltd(002408)

About the controlling shareholder of the company held by cedar Industrial Group Co., Ltd

Announcement of equity freeze

The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without falsity

Records, misleading statements or material omissions.

Important content tips:

Due to other contracts between cedar Industrial Group Co., Ltd. and Pingtan Huiyin No. 1 equity investment partnership

Zibo Qixiang Petrochemical Group Co., Ltd. held by cedar Industrial Group Co., Ltd. 3638356

Million shares were frozen by the judiciary. The above shares frozen by the judiciary account for Zibo Qixiang Petrochemical Group Co., Ltd

80% of the registered capital.

1、 Basic information of controlling shareholder’s equity being frozen

Zibo Qixiang Tengda Chemical Co.Ltd(002408) (hereinafter referred to as “the company”) recently received indirect holding

The shareholder cedar Industry Group Co., Ltd. (hereinafter referred to as “Cedar industry”) informed that cedar industry held

Zibo Qixiang Petrochemical Group Co., Ltd. (hereinafter referred to as “Qixiang group”)

The equity of 3638356 million yuan is due to other cooperation between cedar industry and Pingtan Huiyin No. 1 equity investment partnership

The same dispute case was frozen by the judiciary, and the equity frozen by the judiciary accounted for 80% of the registered capital of Qixiang group

The term is three years. The details are as follows:

Is it the first

The frozen shares account for the name of the original shareholder of the frozen shares, the major shareholder and the freezing applicant on the starting date and expiration date

Proportion of shares% due to concerted action

Qixiang group accounts for Qixiang set

No. 362 pingsongjiyin property group registered in 2025

Group Co., Ltd. has the right to invest 80% of the total 10000 yuan equity capital of the partnership on March 2 and March 1

In addition to the above freezing of the equity of Qixiang group held by cedar industry, the shares of the company directly held by the controlling shareholder of the company and its persons acting in concert are not frozen.

2、 Impact on the company and risk tips

1. This equity freeze is due to the fact that the equity of Qixiang group, the direct controlling shareholder held by Xuesong industry, the indirect controlling shareholder of the company, has been taken judicial preservation measures, which has nothing to do with the daily operation of the company and will not affect the normal production, operation and management of the company.

2. As Qixiang group is the direct controlling shareholder of the company, and 80% of its equity held by cedar industry, the indirect controlling shareholder, is subject to judicial freezing measures, the company may have the risk of changing the actual controller.

3. Cedar industry is actively negotiating with the applicant to deal with the share freeze and strive to lift the equity freeze of the controlling shareholder of the company as soon as possible; In order to safeguard the legitimate rights and interests of the company and minority shareholders, the company will continue to pay attention to the progress of the matter and fulfill the obligation of information disclosure in time.

4. The information disclosure media designated by the company is www.cninfo.com info. com. cn. And China Securities News, Shanghai Securities News, securities daily and securities times. All information of the company shall be subject to the information disclosed in the above designated media. Please pay attention to the follow-up announcement of the company and pay attention to the investment risk.

3、 Documents for future reference

Notice of equity freeze issued by cedar industry.

It is hereby announced.

Zibo Qixiang Tengda Chemical Co.Ltd(002408) board of directors March 17, 2021

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