Anhui Fengxing Wear Resistant Materials Co.Ltd(002760) : Announcement on the progress of planning major asset restructuring

Securities Announcement No.: 0020 0020 securities Announcement No.: 0020

Announcement on the progress of planning major asset restructuring

The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions. Special tips:

1. Anhui Fengxing Wear Resistant Materials Co.Ltd(002760) Co., Ltd. (hereinafter referred to as "the company") still needs to further demonstrate and negotiate the specific transaction plan of this equity acquisition, and perform the necessary decision-making and approval procedures in accordance with the provisions of relevant laws, regulations and the articles of association.

2. There are still uncertainties in matters related to this transaction, and the company will timely perform the obligation of information disclosure according to the progress of relevant matters. Please pay attention to investment risks.

1、 Basic information of major asset restructuring planned this time

The company or the related party designated by the company plans to acquire 60% of the equity of Jiangxi Runpeng Mining Co., Ltd. jointly held by Ganzhou depeng Investment Management Co., Ltd. and Chen jianian in cash. The company has signed the letter of intent for equity acquisition cooperation with the above transaction parties.

See China Securities News, securities times, Shanghai Securities News, securities daily and cninfo.com.cn on January 8, 2022 for the basic information of this major asset restructuring Suggestive announcement on planning major asset restructuring (Announcement No.: 2022001).

On February 10, 2022 and March 10, 2022 respectively, the company made announcements on China Securities Journal, securities times, Shanghai Securities News, securities daily and cninfo (www.cn. Info. Com. CN.) The announcement on the progress of planning major asset restructuring (Announcement No.: 2022008, 2022009) was disclosed on the. 2、 Progress of this reorganization

As of the disclosure date of this announcement, the relevant intermediaries hired by the company have completed the on-site work of the target company, and the company is negotiating with the counterparty on the main terms of this transaction plan. Due to the impact of the recent local outbreak of the epidemic in China, the personnel flow is strictly restricted, which affects the negotiation between the two parties to a certain extent. After the epidemic eases, the company will actively promote the follow-up work.

3、 Risk tips

The company will carry out the review procedures and information disclosure obligations according to the follow-up promotion process of relevant work and the provisions of relevant laws and regulations. Relevant necessary internal and external decision-making and approval procedures are also under planning. There is still uncertainty in the determination and implementation of the final scheme. Please pay attention to the follow-up information and investment risks. The information disclosure media selected by the company are China Securities News, Shanghai Securities News, securities times, securities daily and cninfo( http://www.cn.info.com.cn. )Website and information about the company shall be subject to those published in the above selected media.

It is hereby announced.

Anhui Fengxing Wear Resistant Materials Co.Ltd(002760) Limited board of directors April 11, 2002

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