Citic Securities Company Limited(600030)
Verification opinions on Enn Natural Gas Co.Ltd(600803) stock price fluctuation
Enn Natural Gas Co.Ltd(600803) (hereinafter referred to as “the listed company”) intends to issue shares and pay cash to ENN Technology Development Co., Ltd., ENN Group Co., Ltd. and ENN holding Investment Co., Ltd. to purchase 90% equity of ENN (Zhoushan) LNG Co., Ltd. (hereinafter referred to as “this transaction”) Citic Securities Company Limited(600030) (hereinafter referred to as “independent financial advisor”) as the independent financial advisor of this transaction, checked the stock price fluctuation of the listed company 20 trading days before the announcement of this transaction and issued verification opinions.
1、 Stock price fluctuation of listed companies
The trading of shares of listed companies has been suspended since the opening of the market on October 21, 2021. Within 20 consecutive trading days before the suspension, the cumulative increases and decreases of shares of listed companies (Code: Enn Natural Gas Co.Ltd(600803) . SH), Shanghai Composite Index (Code: Ping An Bank Co.Ltd(000001) . SH) and gas production and supply index (883150. WI) of CSRC are as follows:
The 21st trading day before the suspension of the project, the rise and fall of the first trading day before the suspension
(September 13, 2021) (October 20, 2021)
Enn Natural Gas Co.Ltd(600803) (yuan / share) 20.70 17.72 – 14.40%
Shanghai Composite Index ( Ping An Bank Co.Ltd(000001) . SH) 371537358700 – 3.46%
SFC gas production and supply 126621113836 – 10.10% index (883150. WI)
Excluding the impact of market factors, the rise and fall was – 10.94%
Excluding the influence of the same industry sector, the rise and fall was – 4.30%
Excluding the influence of market factors and industry sector factors, that is, excluding the influence of Shanghai Stock Index (Code: Ping An Bank Co.Ltd(000001) . SH) and CSRC gas production and supply index (Code: 883150. WI), the cumulative rise and fall of the company’s share price in the 20 trading days before the suspension did not exceed 20%, which did not constitute abnormal fluctuation.
2、 Verification opinions of independent financial advisor
After verification, the independent financial adviser believes that after excluding the influence of market factors and industry sector factors, the cumulative increase of the share price of Listed Companies in the 20 trading days before the suspension of this transaction has not exceeded 20%.
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Financial advisor sponsor:
Li Ning Kang Haoyu
Citic Securities Company Limited(600030) mm / DD / yyyy
