Securities code: Anhui Estone Materials Technology Co.Ltd(688733) securities abbreviation: Anhui Estone Materials Technology Co.Ltd(688733) Announcement No.: 2022026
Anhui Estone Materials Technology Co.Ltd(688733)
Announcement on temporary shutdown of factories in Huaiyuan area affected by the epidemic
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. 1、 Basic information
On March 23, 2022, covid-19 epidemic occurred in Huaiyuan County, Bengbu City, Anhui Province, where Anhui Estone Materials Technology Co.Ltd(688733) (hereinafter referred to as “the company”) was registered. According to the announcement issued by the covid-19 pneumonia epidemic prevention and control emergency headquarters of Huaiyuan County on the same day, two people were found to be positive in the initial screening of nucleic acid in Huaiyuan County.
According to the circular issued by the emergency command of New Coronavirus infectious disease prevention and control department in Bengbu on 2022, the further strengthening of the current epidemic prevention and control work (No. fourth of 2022) and the unified arrangement of the people’s Government of the county government, from now on, the management of the park where the company registered is located.
In this case, the company’s Huaiyuan factory has temporarily stopped production on the same day to fully cooperate with the government’s epidemic prevention work to curb the spread and spread of the epidemic. The specific time to resume normal production and operation will be arranged according to the requirements of local government epidemic control.
2、 The impact of the epidemic on the company’s production and operation
(I) the company is a manufacturing enterprise. Previously, it had safety inventory and stock. At present, it can still ensure the normal supply of lithium battery customers and will not be affected in the short term. However, if the temporary shutdown time affected by the epidemic exceeds the expectation, it may still lead to the delayed production and delivery of some subsequent products, which will have a certain adverse impact on the company’s short-term operating performance.
(II) considering the continuous cycle of covid-19 epidemic in various places recently, the company expects that this temporary shutdown is a short-term response measure for epidemic prevention and will not have an adverse impact on the long-term development of the company.
3、 Countermeasures
In order to minimize the impact of the epidemic on the company and effectively protect the interests of all shareholders, the company will take the following countermeasures:
1. Strictly implement the government’s measures on epidemic prevention and control, actively support and cooperate with the government’s epidemic prevention work, and help the epidemic prevention and control win as soon as possible.
2. Actively adjust the short-term operation mode, and minimize the loss of temporary shutdown as much as possible through remote office, flexible shift scheduling, inventory allocation, customer communication and other channels.
3. Make preparations for resumption of work and production in advance, strive to resume production in time after the elimination of epidemic prevention and control, and strive for time as far as possible to resume normal production and operation.
4、 Risk tips
The company will pay close attention to the follow-up progress of local epidemic prevention and control, and timely perform the obligation of information disclosure in accordance with relevant regulations. Please pay attention to investment risks.
It is hereby announced.
Anhui Estone Materials Technology Co.Ltd(688733) board of directors
March 25, 2022
