Securities code: Xinjiang Daqo New Energy Co.Ltd(688303) securities abbreviation: Xinjiang Daqo New Energy Co.Ltd(688303) Announcement No.: 2022038 Xinjiang Daqo New Energy Co.Ltd(688303)
Announcement on the explanation of the revision of the prospectus (application draft) for the issuance of A-Shares to specific objects in 2022
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 the announcement, and bear legal responsibility for the authenticity, accuracy and integrity of the contents according to law.
Xinjiang Daqo New Energy Co.Ltd(688303) (hereinafter referred to as “the company”) was posted on the website of Shanghai Stock Exchange (hereinafter referred to as “Shanghai Stock Exchange”) on February 18, 2022 (www.sse. Com. CN.) And the designated information disclosure media disclosed the prospectus for the issuance of A-Shares to specific objects in Xinjiang Daqo New Energy Co.Ltd(688303) 2022 (application draft) (hereinafter referred to as the “prospectus (application draft)”) and other relevant documents. On March 4, 2022, the Shanghai Stock Exchange issued the examination and inquiry letter on the application documents of Xinjiang Daqo New Energy Co.Ltd(688303) issuing shares to specific objects (szkss (refinancing) [2022] No. 40) (hereinafter referred to as the “examination and inquiry letter”). The examination institution of the Shanghai Stock Exchange examined the application documents submitted by the company for issuing A-Shares to specific objects and formed the first round of questions. In combination with the Xinjiang Daqo New Energy Co.Ltd(688303) 2021 annual report (hereinafter referred to as the “2021 annual report”) disclosed on March 16, 2022, the company has revised and supplemented the relevant documents of this offering and the prospectus (draft report). See the website of Shanghai Stock Exchange on the same day for details The prospectus for offering A-Shares to specific objects in Xinjiang Daqo New Energy Co.Ltd(688303) 2022 (Revised) (updated version of financial data in 2021) disclosed.
Based on the above contents, the main contents involved in this revision and update are described as follows: I. update and supplement of the prospectus
Main revision of preface
number
1. Basic information of the issuer (II) updated equity structure, controlling shareholders and actual controllers as of December 31, 2021
2 I. Basic information of the issuer (IV) main business models, products or services: new relevant financial data according to the main contents of the 2021 Annual Report
Main revision of preface
number
According to the State Council on February 23, 2022
The latest report issued by the national development and Reform Commission
3 I. Basic information of the issuer (V) scientific and technological innovation level and maintaining the new recognition of science and technology and all national enterprises
For the list of technology centers with mechanisms or measures of innovation capability, delete “state”
Identified by the national development and Reform Commission and other departments
“National enterprise technology center”
5、 Compared with this issuance (I), it is more important for the company’s core competitiveness and stable operation according to the 2021 annual report
4. Qualitative analysis of relevant risk factors and new relevant financial data that may have significant adverse effects on future development
Influencing factors
5、 In connection with this offering (I) the company’s core competitiveness and stable operation are added according to the audit inquiry letter
8. Qualitative factors and possible adverse risks of international trade protection policies in the future
“Risk factors”
2、 Update and supplement of other application documents
In addition to the prospectus, the issuance recommendation letter, listing recommendation letter, due diligence report and other relevant documents have also updated the financial data in 2021, and implemented the relevant updates and revisions according to the audit inquiry letter. In addition, the individual figures of the unused raised funds as of December 31, 2021 have been revised in the company’s previous report on the use of raised funds.
The issue of shares to specific objects of the company needs to be reviewed by Shanghai Stock Exchange and approved by China Securities Regulatory Commission (hereinafter referred to as “CSRC”) before implementation. There is still uncertainty about whether it can finally pass the examination of Shanghai Stock Exchange and obtain the approval of China Securities Regulatory Commission for registration and its time. The company will fulfill the obligation of information disclosure in time according to the progress of the matter. Please pay attention to the investment risk.
It is hereby announced.
Xinjiang Daqo New Energy Co.Ltd(688303) board of directors March 21, 2022
