Bestway Marine & Energy Technology Co.Ltd(300008) : suggestive announcement on the temporary shutdown of wholly-owned subsidiaries affected by the epidemic

Securities code: Bestway Marine & Energy Technology Co.Ltd(300008) securities abbreviation: Bestway Marine & Energy Technology Co.Ltd(300008) Announcement No.: 2022017

Bestway Marine & Energy Technology Co.Ltd(300008)

Suggestive announcement on temporary shutdown of wholly-owned subsidiaries affected by the epidemic

The company and all members of the board of directors guarantee that the content of information disclosure is true, accurate and complete without falsehood

False records, misleading statements or material omissions.

1、 Basic information

Bestway Marine & Energy Technology Co.Ltd(300008) (hereinafter referred to as ” Bestway Marine & Energy Technology Co.Ltd(300008) ” or “the company”) recently received a notice from the wholly-owned subsidiaries Jiangsu Dajin Heavy Industry Co., Ltd. (hereinafter referred to as “Dajin heavy industry”) and Shanghai Jiahao ship sea engineering research and Design Co., Ltd. (hereinafter referred to as “Jiahao ship sea”). Due to the requirements of the national covid-19 pneumonia epidemic prevention and control measures for the epidemic situation in Shanghai and surrounding provinces, all localities have The vehicle has taken corresponding control measures. In order to actively respond to and implement the relevant epidemic prevention and control policies of government departments and cooperate with the current epidemic control requirements of Shanghai and surrounding provinces and cities, the temporary shutdown has been implemented recently. The specific time to resume normal production and operation will be arranged according to the progress of epidemic control of the local government.

In addition, the epidemic control measures have led to poor logistics, and the operation and production of the company’s wholly-owned subsidiaries Shanghai wojin natural gas utilization Co., Ltd. (hereinafter referred to as “wojin natural gas”) and Taizhou Jinhai marine marine equipment Co., Ltd. (hereinafter referred to as “Jinhai”) and its subsidiary Taizhou Taichuan heavy industry equipment Co., Ltd. (hereinafter referred to as “Taichuan heavy industry”) are limited to a certain extent. 2、 Impact of temporary shutdown on the company

The temporary shutdown caused by the epidemic control measures will affect the normal production and operation of the company’s wholly-owned subsidiaries Dajin heavy industry and Jiahao Chuanhai, affect the completion of production plans and project nodes on schedule, and have a certain impact on the delivery of orders as planned; The business activities of wojin natural gas, Jinhai shipping and Thai Shipbuilding Heavy Industry were also affected by poor logistics. The specific resumption time will be arranged according to the government’s epidemic control requirements.

In view of this, it is expected that the above-mentioned shutdown and restricted business activities will have a certain impact on the company’s operating performance in 2022, and the specific degree of impact is subject to the audited financial report of 2022. The temporary shutdown and limited business activities are short-term measures affected by the epidemic and will not have an adverse impact on the long-term development of the company.

3、 Countermeasures

Securities code: Bestway Marine & Energy Technology Co.Ltd(300008) securities abbreviation: Bestway Marine & Energy Technology Co.Ltd(300008) Announcement No.: 2022017

In order to minimize the impact of temporary shutdown and restricted business activities of subsidiaries and effectively ensure the interests of all shareholders, the company will take the following countermeasures:

1. Actively respond to the requirements of the local government for epidemic prevention, strictly implement the epidemic prevention and control measures, and prevent the further impact of the epidemic; 2. During the shutdown period, the company adjusts its business strategy by means of remote office, reasonable adjustment of production capacity and maintaining communication with customers, so as to make every effort to ensure the normal performance of orders and protect the interests of the company and all shareholders;

3. On the premise of strictly complying with the requirements of epidemic prevention and control, the company will make preparations for the resumption of production in advance, strive to resume work and production as soon as possible, and resume normal production and operation.

4、 Risk tips

The company will pay close attention to the follow-up progress of the temporary shutdown caused by the disposal of the epidemic situation, and timely perform the obligation of information disclosure in accordance with relevant regulations. Please pay attention to the investment risks.

It is hereby announced.

Bestway Marine & Energy Technology Co.Ltd(300008) board of directors April 14, 2002

- Advertisment -