Yango Group Co.Ltd(000671) : suggestive announcement on passive reduction of shares held by shareholders

Securities code: Yango Group Co.Ltd(000671) securities abbreviation: Yango Group Co.Ltd(000671) Announcement No.: 2022036

Yango Group Co.Ltd(000671)

Suggestive announcement on passive reduction of shares held by shareholders

The company and all members of the board of directors guarantee that the information disclosed is true, accurate, complete and free from falsehood

Records, misleading statements or major omissions.

Recently, Yango Group Co.Ltd(000671) (hereinafter referred to as “the company”) received a letter from the controlling shareholder of the company

The notice to the actor Fujian Kangtian Industrial Group Co., Ltd. (hereinafter referred to as “Kangtian industry”) was received by Xikang

Tian industry held the guarantee from March 11 to March 15, 2022 because the guarantee proportion of some accounts was lower than the closing line

During the period, 2000 shares of the company were passively reduced through centralized bidding, accounting for 0.00% of the total share capital of the company,

The relevant information of this passive reduction is as follows:

1、 Basic information of this share change

1. Passive reduction of shareholders

Shareholder name relationship date number of shares (shares) unit price (yuan)

The controlling shareholders of Kangtian industry acted in concert to passively reduce their holdings of 400 2.18 on March 11, 2022

The controlling shareholders of Kangtian industry acted in concert to passively reduce their holdings of 1200 2.31 on March 14, 2022

The controlling shareholders of Kangtian industry acted in concert to passively reduce their holdings of 400 2.19 on March 15, 2022

2. Reduction of passive shareholders’ shareholding before and after

Shares held before this reduction and shares held after this reduction

Shareholder name share nature proportion in total share capital proportion in total share capital number of shares (shares) (%) number of shares (shares) (%)

Sunshine Group holds 15.97% of 661336264 shares in total

Dongfang Xinlong holds 14.51% of Aecc Aviation Power Co Ltd(600893) 047 shares in total

Kangtian industry holds 8.82% of 365091223 shares and 8.82% of 365089223 shares

Total / 162732053439.30% 162731853439.30%

2、 Relevant risk tips

1. This centralized bidding reduction is the passive reduction behavior of the people acting in concert of sunshine group

The person acting in concert has been actively communicating and coordinating with the creditor, and carried out debt extension and financing according to the requirements of the pledgee

Measures, funds and other relevant measures to reduce the adverse impact of this passive reduction of shares.

2. This passive reduction will not have a material impact on the corporate governance structure and sustainable operation, nor will it directly affect

Resulting in change of control of the company.

3. The company will continue to pay attention to the share changes of sunshine group and those acting in concert and urge them to strictly abide by them

Securities law, Shenzhen Stock Exchange Stock Listing Rules, Shenzhen Stock Exchange listed companies from

Legal supervision guidance No. 1 – standardized operation of listed companies on the main board, reduction of shareholders, directors, supervisors and senior executives of listed companies

Several provisions on shares, shareholders, directors, supervisors and senior managers of Listed Companies in Shenzhen Stock Exchange

Detailed rules for the implementation of share reduction and other relevant laws, regulations and normative documents, and timely perform the information disclosure

Disclosure obligations. Please invest rationally and pay attention to investment risks.

It is hereby announced.

Yango Group Co.Ltd(000671)

Board of directors

March 22, 2022

- Advertisment -