Hainan Development Holdings Nanhai Co.Ltd(002163) : the commitment of the controlling shareholder to inject tax-free assets has not changed

Within three consecutive trading days (April 8, 11 and 12, 2022), the cumulative deviation of the closing price increase exceeds 20%. Hainan Development Holdings Nanhai Co.Ltd(002163) issued an announcement on abnormal fluctuation of stock trading, which said that the controlling shareholders supported the company’s layout and integration of duty-free goods business and promised to inject relevant assets and businesses. So far, no change has been involved.

Hainan Development Holdings Nanhai Co.Ltd(002163) said that the non-public offering of A-Shares in 2021 disclosed by the company on April 10, 2021 is currently in the preparation stage of issuance and does not involve information that should be disclosed but not disclosed.

Statistics show that Hainan Development Holdings Nanhai Co.Ltd(002163) is the first listed company acquired by Hainan holdings. At present, Hainan Development Holdings Nanhai Co.Ltd(002163) focuses on the development of curtain wall and interior decoration engineering, photovoltaic glass and deep processing of special glass. Meanwhile, Hainan holdings will support Hainan Development Holdings Nanhai Co.Ltd(002163) to actively participate in the construction of Hainan free trade port, support Hainan Development Holdings Nanhai Co.Ltd(002163) to arrange tax-free related businesses in Hainan Province, and subsequently position Hainan Development Holdings Nanhai Co.Ltd(002163) as the operation subject of subordinate tax-free businesses in the future.

Recently, Hainan Development Holdings Nanhai Co.Ltd(002163) relevant person in charge said in an interview with reporters that as a listed company controlled by Hainan SASAC, the company will seize major strategic development opportunities, actively participate in the construction of Hainan free trade port, expand new business areas, and build new business growth points with improving development quality as the core. At the same time, give play to the advantages of traditional curtain wall engineering and glass business, and actively expand economic scale and benefits.

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