Xin Jiang Ready Health Industry Co.Ltd(600090) : Xin Jiang Ready Health Industry Co.Ltd(600090) announcement on receiving the supervision letter from Shanghai Stock Exchange (2)

Securities code: Xin Jiang Ready Health Industry Co.Ltd(600090) securities abbreviation: ST Jitang Announcement No.: 2022031 Xin Jiang Ready Health Industry Co.Ltd(600090)

Announcement on receiving the supervision letter of Shanghai Stock Exchange

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.

Xin Jiang Ready Health Industry Co.Ltd(600090) (hereinafter referred to as "the company") received the supervision working letter on matters related to the suspension and termination of listing of ST Jitang company (szgh [2022] No. 0231) (hereinafter referred to as "the working letter") issued by the second Department of management of listed companies of Shanghai Stock Exchange on April 11, 2022. The specific contents are as follows: Xin Jiang Ready Health Industry Co.Ltd(600090) :

According to the decision on administrative punishment ([2022] No. 17) made by the CSRC, the company inflated its net profit from 2017 to 2019. After retroactive adjustment, the net profit of the company for three consecutive fiscal years from 2017 to 2019 was negative, and the net profit of the company in 2020 was also negative, and the accounting firm issued an audit report with no opinion. The above facts show that the financial indicators of ST Jitang from 2017 to 2020 may actually touch the situation of major illegal compulsory delisting stipulated in the original measures for the implementation of major illegal compulsory delisting of listed companies of the exchange.

At present, the company has not issued an announcement to apply for suspension of trading, and the exchange has suspended the trading of ST Jitang's shares in accordance with article 9.1.6 of the stock listing rules. The trading of the company's shares has been suspended since April 12, 2022. In accordance with the relevant provisions of the stock listing rules of the exchange, the relevant requirements are hereby clarified as follows:

1、 The company shall, in accordance with article 9.5.6 of the stock listing rules, perform the obligations of information disclosure, suspension and resumption of trading, and give special risk tips on the possible implementation of major illegal compulsory delisting of shares.

2、 With regard to the above-mentioned illegal acts of your company, the CSRC has decided to order your company to make corrections. Please verify the impact of the above matters on your company's previously disclosed financial report as soon as possible, clarify the follow-up rectification measures and disclose them, and clarify the specific situation that the company's shares may touch the situation of major illegal compulsory delisting stipulated in Item (III) of Article 4 of the original measures for the implementation of major illegal compulsory delisting of listed companies on Shanghai Stock Exchange.

3、 According to the decision on administrative punishment, there are false records in the annual report of your company from 2017 to 2019, which falsely increased the net profit of 701 million yuan, 608 million yuan and 299 million yuan respectively, accounting for 120.65%, 107.61% and 226.52% of the net profit disclosed in the current period. Please measure the impact of the inflated net profit on the net profit and other financial data from 2017 to 2019, disclose the corrected financial information as soon as possible, and hire an accounting firm to conduct a comprehensive audit of the corrected financial statements and issue a new audit report.

4、 All directors, supervisors and senior managers of the company shall be diligent and responsible to maintain the normal production and business activities of the company and protect the interests of the company and all shareholders. Before the company's shares are delisted by the exchange, the company and all directors, supervisors, senior managers and relevant information disclosure obligors shall continue to abide by relevant laws, administrative regulations, departmental rules, other normative documents and the business rules of the exchange, perform relevant obligations and disclose important information. 5、 The company and all directors, supervisors and senior managers shall timely respond to the concerns of investors and actively do a good job in communication and interpretation.

6、 At present, the company has major risks such as the occupation of funds by related parties. The board of directors of the company shall fully reveal the existing risks, remind investors to invest rationally, and take practical measures to protect the interests of the company and investors. 7、 The company shall, in accordance with article 9.1.15 and other provisions of the stock listing rules, hire the host securities firm as soon as possible to make specific arrangements and information disclosure for the company's shares to enter the national share transfer system of small and medium-sized enterprises, so as to ensure that the company's shares can be listed for transfer within 45 trading days from the date of delisting, so as to protect the investors' right to share transfer. Please disclose to the public immediately after receiving this letter. Your company shall implement the above requirements of this letter before April 18, 2022, make a written explanation and disclosure on the above issues, and disclose the corrected financial information and audit report within the above-mentioned period. Delisting related work has a significant impact on investors. All directors, supervisors and senior managers of your company should be responsible to investors, be diligent and conscientious, earnestly implement the requirements of this working letter, and fulfill the obligation of information disclosure as required.

The information disclosure media designated by the company are Shanghai Securities News, securities times and the website of Shanghai Stock Exchange (www.sse. Com. CN), Please pay attention to the company's announcement in time and pay attention to investment risks. It is hereby announced.

Xin Jiang Ready Health Industry Co.Ltd(600090) board of directors April 12, 2002

- Advertisment -