Securities code: Zhejiang Guangsha Co.Ltd(600052) securities abbreviation: Dongwang times Announcement No.: lin2022022 Zhejiang Dongwang times Technology Co., Ltd
Announcement on the progress of major asset restructuring
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 individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
1、 Basic information of major asset restructuring
Zhejiang Dongwang times Technology Co., Ltd. (hereinafter referred to as “the company”) plans to purchase no more than 100% of the total equity held by the shareholders of Chongqing Huixian Youce Technology Co., Ltd. by paying cash. According to the preliminary calculation of the company, it is expected that the actual performance of the above transactions will constitute the major asset reorganization specified in the administrative measures for major asset reorganization of listed companies.
For details, please refer to the company’s announcement at the Shanghai Stock Exchange (www.see. Com. CN.) on March 12, 2022 Suggestive announcement on planning major asset restructuring and signing equity acquisition framework agreement, Announcement No.: pro 2022013.
2、 Progress of major asset restructuring
The company plans to employ Citic Securities Company Limited(600030) , Beijing Jincheng Tongda law firm, Tianjian Certified Public Accountants (special general partnership) and Kunyuan Appraisal Co., Ltd. as intermediaries for this major asset restructuring. The company is actively coordinating with all parties to accelerate the audit evaluation and other related work.
As of the disclosure date of this announcement, the work related to this reorganization is advancing in an orderly manner. The company has not convened the board of directors to review and disclose the reorganization plan or reorganization report prepared in accordance with the standards for the contents and forms of information disclosure by companies offering securities to the public No. 26 – major asset reorganization of listed companies. The company is expected to convene the board of directors within 2 months after the issuance of this announcement to review and disclose the trading plan or draft prepared in accordance with the standards for the contents and forms of information disclosure by companies offering securities to the public No. 26 – major asset restructuring of listed companies.
3、 Risk tips
There are still major uncertainties in matters related to this major asset restructuring. This transaction is still in the planning stage, and necessary internal and external relevant decision-making and approval procedures need to be performed. There is a risk of failure to pass such decision-making and approval procedures.
The company will timely perform the obligation of information disclosure according to the progress of relevant matters. At present, the information disclosure media designated by the company are China Securities News, Shanghai Securities News, Securities Daily, securities times and the website of Shanghai Stock Exchange (www.sse. Com. CN), All information of the company shall be subject to the contents published in the above designated media. Please pay attention to the subsequent relevant announcements of the company and pay attention to the investment risks.
It is hereby announced.
Zhejiang Dongwang times Technology Co., Ltd. April 11, 2022
