Securities code: Banbao Co.Ltd(603398) securities abbreviation: mubang high tech Announcement No.: 2022040 Jiangxi mubang High Tech 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、 Information disclosure of major asset restructuring
The measures for the acquisition of 100% of the assets of Jiangxi Haobang Energy Co., Ltd. (hereinafter referred to as the “measures for the management of major assets of Jiangxi Haobang Energy Co., Ltd.”) was disclosed in November 2021, For details, see the suggestive announcement of Jiangxi mubang High Tech Co., Ltd. on planning to acquire assets (Announcement No.: 2022005). On February 15, 2022, the company held the fifth meeting of the Fourth Board of directors, deliberated and approved the proposal on the major asset purchase plan of Jiangxi mubang High Tech Co., Ltd. and its summary and relevant proposals. For details, see the major asset purchase plan of Jiangxi mubang High Tech Co., Ltd. and relevant announcements disclosed by the company on February 16, 2022.
On March 2, 2022, the company received the inquiry letter on the major asset purchase plan of Jiangxi mubang High Tech Co., Ltd. (hereinafter referred to as the inquiry letter) issued by Shanghai Stock Exchange. For details, see the announcement of Jiangxi mubang High Tech Co., Ltd. on receiving the inquiry letter from Shanghai Stock Exchange (Announcement No.: 2022023) disclosed by the company on March 3, 2022.
On March 10, 2022, March 17, 2022 and March 24, 2022, the company disclosed the announcement of delaying the reply to the inquiry letter of Shanghai Stock Exchange (Announcement No.: 2022024, 2022030 and 2022031).
On March 29, 2022, the company replied to the questions listed in the inquiry letter. For details, see the reply announcement of Jiangxi mubang High Tech Co., Ltd. on the inquiry letter of Shanghai Stock Exchange on the major asset purchase plan of Jiangxi mubang High Tech Co., Ltd. disclosed by the company on March 29, 2022 Announcement of Jiangxi mubang High Tech Co., Ltd. on the revision of non-public development bank stock plan and announcement of Jiangxi mubang High Tech Co., Ltd. on the revision of the company’s major asset purchase plan (Announcement No.: 2022032, 2022036 and 2022037).
On February 10, 2022 and March 12, 2022, the company disclosed the progress announcement of Jiangxi mubang High Tech Co., Ltd. on planning to acquire assets and the progress announcement of Jiangxi mubang High Tech Co., Ltd. on major asset restructuring (Announcement No.: 2022011 and 2022025)
2、 Progress of major asset restructuring
Up to now, the company and the counterparty have negotiated and adjusted the restructuring transaction plan and performance commitment arrangement, and made disclosure. The intermediaries employed by the company and relevant parties are speeding up the work progress of audit, evaluation and due diligence. After the above related work is completed, the company will convene the board of directors to consider matters related to this transaction. The reorganization still needs to be submitted to the general meeting of shareholders of the company for deliberation.
3、 Risk tips
There are still major uncertainties in the matters related to this transaction. The company will perform the obligation of information disclosure in time by stages according to the progress of relevant matters.
At present, the designated information disclosure media of the company is the website of Shanghai Stock Exchange (www.sse. Com. CN) According to China Securities News, Shanghai Securities News, securities times and Securities Daily, 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.
Board of directors of Jiangxi mubang High Tech Co., Ltd. April 11, 2002
