Guangxi Liugong Machinery Co.Ltd(000528) : suggestive announcement on the continuous suspension of the company’s shares until the implementation of the cash option is completed

Securities code: 000528 securities abbreviation: Liugong Announcement No.: 2022-09

Guangxi Liugong Machinery Co.Ltd(000528)

On the continuous suspension of trading of the company’s shares until the implementation of the cash option is completed

Suggestive 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.

Special note: the trading of the company’s shares (stock abbreviation: Guangxi Liugong Machinery Co.Ltd(000528) , securities code: 000528) will be suspended from January 14, 2022 until the end of the reporting period of cash options and the fulfillment of relevant information disclosure obligations.

Important:

Guangxi Liugong Machinery Co.Ltd(000528) (hereinafter referred to as ” Guangxi Liugong Machinery Co.Ltd(000528) ” shares “,” listed company “and” the company “) published the Guangxi Liugong Machinery Co.Ltd(000528) suggestive announcement on issuing shares to absorb and merge the distribution and implementation of cash option of Guangxi Guangxi Liugong Machinery Co.Ltd(000528) Group Machinery Co., Ltd. on January 6, 2022. Upon application, the trading of the company’s shares (stock abbreviation: Guangxi Liugong Machinery Co.Ltd(000528) , securities code: 000528) will be suspended from the opening of the market on January 14, 2022. The company’s shares will enter the stages of cash option distribution, exercise declaration, exercise liquidation and settlement until the end of the cash option declaration period and the resumption of trading after fulfilling relevant information disclosure obligations; The trading of the company’s corporate bonds in 2021 (bond abbreviation: 21 Guangxi Liugong Machinery Co.Ltd(000528) 01) is not suspended. Please pay attention to it.

1、 Distribution and implementation of cash option

The registration date of Guangxi Liugong Machinery Co.Ltd(000528) share cash option is January 13, 2022. After the distribution of cash option is completed, the application procedure will be entered. Shareholders who have obtained the cash option may apply in whole or in part with their Guangxi Liugong Machinery Co.Ltd(000528) shares at the cash option price within 9:30-11:30 a.m. and 1:00-3:00 p.m. on the reporting day (to be announced separately on the reporting day)

Guangxi Liugong Machinery Co.Ltd(000528) announcement of the board of directors

Report to exercise the cash option and transfer the company’s shares held by them to the provider of the cash option for this absorption and consolidation.

As of January 7, 2022, the trading day before the date of publication of this suggestive announcement, Guangxi Liugong Machinery Co.Ltd(000528) shares had a closing price of 7.99 yuan / share and a cash option price of 7.09 yuan / share. The company’s share price had a premium of 12.69% over the cash option exercise price. Shareholders who have effectively declared and exercised the cash option will obtain cash consideration at the exercise price of 7.09 yuan / share. If ex right and ex interest events occur between the pricing base date and the implementation date of the cash option, the price of the cash option will be adjusted accordingly. If investors exercise the cash option, it may lead to losses. Please pay attention to the risks.

Investors who want to know the details of the distribution and implementation of the cash option should read the company’s publications on China Securities Journal, securities times and cninfo website (www.cn. Info. Com. CN) on the same day The full text of Guangxi Liugong Machinery Co.Ltd(000528) suggestive announcement on issuing shares to absorb and merge the distribution and implementation of cash option of Guangxi Guangxi Liugong Machinery Co.Ltd(000528) Group Machinery Co., Ltd. and relevant documents, and pay attention to the relevant announcements published by the company in time.

2、 Continuous suspension arrangement

Upon the application of the company, the trading of the company’s shares (stock abbreviation: Guangxi Liugong Machinery Co.Ltd(000528) , securities code: 000528) will be suspended from January 14, 2022. Thereafter, Guangxi Liugong Machinery Co.Ltd(000528) shares will enter the stages of cash option distribution, exercise declaration, exercise liquidation and settlement until the end of the cash option declaration period and the resumption of trading after fulfilling relevant information disclosure obligations; The trading of the company’s corporate bonds in 2021 (bond abbreviation: 21 Guangxi Liugong Machinery Co.Ltd(000528) 01) is not suspended. Please pay attention to it.

For details of the merger plan, please read the website of Shenzhen Stock Exchange (www.szse. CN.) published by the company on December 25, 2021 And cninfo (www.cn. Info. Com. CN.) The full text of the report on Guangxi Liugong Machinery Co.Ltd(000528) absorption and merger of Guangxi Guangxi Liugong Machinery Co.Ltd(000528) Group Machinery Co., Ltd. and related transactions and relevant documents, and pay timely attention to the relevant announcements issued by the company.

It is hereby announced.

Guangxi Liugong Machinery Co.Ltd(000528) board of directors January 9, 2022

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