Amethystum Storage Technology Co.Ltd(688086) : Announcement on the progress of delayed reply to inquiry letter and illegal guarantee

Securities code: Amethystum Storage Technology Co.Ltd(688086) securities abbreviation: Amethystum Storage Technology Co.Ltd(688086) Announcement No.: 2022014 Amethystum Storage Technology Co.Ltd(688086)

Announcement on the progress of delayed reply to inquiry letter and illegal guarantee

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear legal responsibility for the authenticity, accuracy and integrity of its contents according to law.

1、 Explanation on the extension of reply to inquiry letter

Amethystum Storage Technology Co.Ltd(688086) (hereinafter referred to as “the company”) Amethystum Storage Technology Co.Ltd(688086) ) received the inquiry letter on Amethystum Storage Technology Co.Ltd(688086) illegal guarantee matters (hereinafter referred to as “the inquiry letter”) issued by Shanghai Stock Exchange on March 13, 2022, requiring the company to verify and supplement the disclosure of the illegal guarantee matters, and reply before March 18, 2022 after receiving the inquiry letter. After receiving the inquiry letter, the company attached great importance to it and actively organized all parties to check and reply to the illegal guarantee problems involved. However, some problems involved in the inquiry letter still need to be supplemented and improved. In order to ensure the authenticity, accuracy and integrity of the reply, the company plans to postpone the disclosure of the reply to the inquiry letter.

During the extension period, the company will organize all parties to speed up the work progress, complete the reply to the inquiry letter as soon as possible and timely fulfill the obligation of information disclosure. The company is expected to complete the reply and disclosure of the inquiry letter before March 25, 2022. Please understand.

2、 Progress statement on illegal guarantee

(I) progress of illegal guarantee

The company was posted on the website of Shanghai Stock Exchange on March 17, 2022( http://www.sse.com.cn. )The announcement of Amethystum Storage Technology Co.Ltd(688086) on the progress of illegal guarantee matters (Announcement No.: 2022013) was disclosed, which stated that “the company has applied for and completed the freezing and preservation of the remaining 120 million yuan of unexpired certificates of deposit funds deposited in the Bank of Guangzhou for illegal pledge guarantee through litigation procedures on March 15, 2022″.

According to the latest information of the company, the freezing and preservation of the time deposit account of 120 million yuan is waiting to be frozen. Up to now, the company has not received the notice of other parties applying for freezing or other relevant court documents. It is unknown to know the specific situation of the above other parties applying for freezing. The subsequent company will follow up the progress of the freezing in time.

(II) impact of the above matters on the company

The company will timely perform information disclosure after receiving relevant documents, and will continue to safeguard the legitimate interests of the company through judicial and other means. The above freezing may cause the company to confirm the estimated liabilities and losses. The company will further sort out the illegal guarantee, promote the settlement of relevant problems, and timely fulfill the obligation of information disclosure on the progress of the illegal guarantee.

The information disclosure media designated by the company is the website of Shanghai Stock Exchange (www.sse. Com. CN.) And China Securities News, Shanghai Securities News, securities times and Securities Daily. All information disclosed by the company shall be subject to the information published in the above designated media. Please pay attention to the company’s announcement and pay attention to investment risks.

It is hereby announced.

Amethystum Storage Technology Co.Ltd(688086) board of directors March 18, 2022

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