Stock Code: Inzone Group Co.Ltd(600858) stock abbreviation: Inzone Group Co.Ltd(600858) No.: 2022022 Inzone Group Co.Ltd(600858)
Announcement on abnormal fluctuations in stock trading
Special note: 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. Important content tips:
● Inzone Group Co.Ltd(600858) (hereinafter referred to as "the company") shares have deviated from the closing price by more than 20% in three consecutive trading days from April 14 to April 18, 2022. According to the relevant provisions of the trading rules of Shanghai Stock Exchange, it is an abnormal fluctuation of stock trading.
● the company is planning to acquire 100% equity of Rizhao Ginza mall Co., Ltd. (hereinafter referred to as "Rizhao Ginza"), the retail business of Qilishan branch of Jinan Ginza mall Co., Ltd. (hereinafter referred to as "Jinan Ginza") and 100% equity of Shandong Ginza Electric Appliance Co., Ltd. (hereinafter referred to as "Ginza"). After the completion of this transaction, Rizhao Ginza and Ginza electric appliances will become wholly-owned subsidiaries of the company, and the retail business operated by Qilishan store will be included in Inzone Group Co.Ltd(600858) .
● this transaction constitutes a related party transaction specified in the Listing Rules of Shanghai Stock Exchange and is not expected to constitute a major asset reorganization specified in the administrative measures for major asset reorganization of listed companies. The audit and evaluation of relevant underlying assets is still in progress, and the transaction scale and progress have not been clarified.
● the company respectfully invites investors to pay attention to the transaction risks in the secondary market, make rational decisions and invest prudently.
1、 Details of abnormal fluctuations in stock trading
The deviation of the closing price of the company's shares in three consecutive trading days from April 14 to April 18, 2022 has reached more than 20%. According to the relevant provisions of the trading rules of Shanghai Stock Exchange, it belongs to the abnormal fluctuation of stock trading.
2、 Relevant information concerned and verified by the company
After self inspection and consultation with the controlling shareholder and actual controller of the company, the verification results are as follows:
(I) operation
According to the company's self inspection, the company's current business activities are normal, there are no major changes in its daily operation and external environment, and there are no other major information that should be disclosed but not disclosed that affects the company's stock trading price.
(II) major events
The company is planning to acquire 100% equity of Rizhao Ginza, Jinan Ginza Qilishan retail business and 100% equity of Ginza electric appliances in cash. After the completion of this transaction, Rizhao Ginza and Ginza electric appliances will become wholly-owned subsidiaries of the company, and the retail business operated by Qilishan store will be included in Inzone Group Co.Ltd(600858) . This transaction constitutes a connected transaction stipulated in the Listing Rules of Shanghai Stock Exchange and is not expected to constitute a major asset reorganization stipulated in the administrative measures for major asset reorganization of listed companies. The audit and evaluation of relevant underlying assets is still in progress, and the transaction scale and progress have not been clarified.
In addition, as of the disclosure date of this announcement, the company, its controlling shareholders and actual controllers have no other major matters affecting the abnormal fluctuation of the company's stock trading; There are no events that may lead to changes in the company's equity; There are no other plans involving major asset restructuring, share issuance, acquisition, debt restructuring, business restructuring, asset divestiture, asset injection, share repurchase, equity incentive, bankruptcy reorganization, major business cooperation, introduction of strategic investors and other major information that should be disclosed but not disclosed that has a great impact on the company's stock trading price.
(III) media reports, market rumors and hot concepts
The company has not found any media reports or market rumors that may have a significant impact on the company's stock trading price, and has not found any other major events that may have a significant impact on the company's stock price.
(IV) other stock price sensitive information
The company has not found any other major events that may have a great impact on the company's share price, and has not found any trading of the company's shares by the company's controlling shareholders, actual controllers, directors, supervisors and senior managers during the abnormal fluctuation of this stock trading.
3、 Relevant risk tips
From April 14 to April 18, 2022, the daily closing price of the company's shares deviated by 20% in three consecutive trading days, with a large fluctuation range. Please pay attention to the trading risks in the secondary market, make rational decisions and invest prudently.
The company is planning to acquire 100% equity of Rizhao Ginza jointly held by Ginza mall and World Trade Center, and 100% equity of Ginza appliances jointly held by Jinan Ginza Qilishan store, Ginza distribution and Ginza mall in cash. There are still uncertainties in relevant matters.
Relevant information of the company shall be disclosed in the media designated by the company, such as China Securities News, Shanghai Securities News and the website of Shanghai Stock Exchange（ http://www.sse.com.cn. ）The relevant information published on the website shall prevail. Please invest carefully and pay attention to investment risks.
4、 Board statement
The board of directors of the company confirmed that, in addition to the above-mentioned disclosure matters, according to the relevant provisions of the Listing Rules of Shanghai Stock Exchange, the company currently has no major matters that should be disclosed but not disclosed, or the planning, negotiation, intention and agreement related to such matters, and the board of directors has not been informed that the company has major matters that should be disclosed but not disclosed according to the relevant provisions of the Listing Rules of Shanghai Stock Exchange For the information that has a great impact on the company's stock trading price, there is no other information disclosed by the company in the early stage that needs to be corrected and supplemented.
It is hereby announced.
Inzone Group Co.Ltd(600858) board of directors April 19, 2022
