Securities code: Shenzhen New Nanshan Holding (Group) Co.Ltd(002314) securities abbreviation: Shenzhen New Nanshan Holding (Group) Co.Ltd(002314) Announcement No.: 2022024
Shenzhen Xin Shenzhen New Nanshan Holding (Group) Co.Ltd(002314) (Group) Co., Ltd
On participating in the private placement of China nuclear energy technology, a company listed on the Hong Kong Stock Exchange
Progress announcement
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.
1、 Progress of the transaction
Shenzhen new Shenzhen New Nanshan Holding (Group) Co.Ltd(002314) (Group) Co., Ltd. (hereinafter referred to as "the company") held the 13th meeting of the sixth board of directors on November 14, 2021. The meeting deliberated and adopted the proposal on participating in the private placement of China nuclear energy technology, a company listed on the Hong Kong stock exchange. Yazhi International (Hong Kong) Co., Ltd., a wholly-owned subsidiary of the company, plans to subscribe 538942750 shares at HK $0.882 per share by participating in the private placement of China Nuclear Energy Technology Group Co., Ltd. (securities code: 00611. HK, hereinafter referred to as "China nuclear energy technology"), a company listed on the Hong Kong stock exchange, to obtain 29.1% of its equity after issuance.
On the evening of April 8, 2022, the company received the reply on matters related to non-public development shares of China Nuclear Energy Technology Group Co., Ltd. forwarded by China nuclear energy technology. The state owned assets supervision and Administration Commission of the State Council agreed in principle to the overall plan of China nuclear energy technology's non-public offering of no more than 538942750 shares.
2、 Risk tips
1. Transaction approval risk: this transaction still needs to be reviewed and approved by China nuclear energy technology, Hong Kong Stock Exchange and other relevant units, and there is uncertainty whether it can pass the above approval.
2. Business risk: after the completion of this transaction, if the business integration of China's nuclear energy technology fails to meet expectations due to adverse internal and external environmental factors, it may bring risks such as performance decline and business difficulties.
3. Risk of transaction termination: according to the agreement, if the preconditions for share delivery are not fully reached or not exempted in writing by the relevant parties before April 30, 2022 (or other date agreed in writing by both parties to the transaction), this transaction will be automatically terminated.
It is hereby announced.
Board of directors of Shenzhen new Shenzhen New Nanshan Holding (Group) Co.Ltd(002314) (Group) Co., Ltd. April 11, 2022
