Shenzhen stock exchange sent an inquiry letter to Baoding Technology Co.Ltd(002552)

On March 26, 2022, Shenzhen stock exchange sent an inquiry letter to Baoding Technology Co.Ltd(002552) (SZ Baoding Technology Co.Ltd(002552) , closing price: 14.59 yuan): on March 17, 2022, your company directly disclosed the report on issuing shares to purchase assets and raising supporting funds and related party transactions (Draft). in the light of “The restructuring report shows that before this transaction, your company was mainly engaged in the R & D, production and sales of large castings and forgings, and the main products are used in shipbuilding, electric power, engineering machinery, petrochemical and other industries. The target company Jinbao electronics is mainly engaged in the design, research, development, production and sales of electronic copper foil and copper clad laminate, and the main products are used in 5g communication, tablet computers, smart phones and other fields. Your company only purchased except changlinshi in this issuance of shares 63.87% equity held by shareholders of Jinbao electronics outside the industry. The audited total assets of Jinbao electronics at the end of 2021 accounted for 451.09% of your company, and the operating revenue accounted for 900.89%. One of the purposes of this transaction is “Zhaojin group will actively fulfill its commitments and make use of the advantages of industrial resources to help the development of listed companies”. Zhaojin group will gradually inject high-quality assets under its control or associated into listed companies. ” Shenzhen Stock Exchange put forward requirements including “combining the proportion of total assets, operating income and other financial data of Jinbao electronic reporting period in the listed company, the change of the main business of the listed company after the completion of the transaction and the purpose of this transaction, explaining whether the change of the main business within 36 months that this transaction will lead to the change of the actual controller constitutes the first paragraph of Article 13 of the measures for the administration of major asset restructuring of listed companies”.

From January to December 2021, Baoding Technology Co.Ltd(002552) the operating revenue composition is: the segment industry of castings and forgings accounts for 94.33%.

Baoding Technology Co.Ltd(002552) ‘s chairman is Li Yisan, female, 51 years old, with a master’s degree background; The general manager is Zhu Baosong, male, 67 years old.

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