Guangdong Shaoneng Group Co.Ltd(000601) : terminate the planning of major asset restructuring and resume trading from the opening of the market on April 20, 2022

Guangdong Shaoneng Group Co.Ltd(000601) (SZ Guangdong Shaoneng Group Co.Ltd(000601) , closing price: 4.48 yuan) announced on April 19 that the company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete, and are responsible for any false records, misleading statements or major omissions in the announcement Guangdong Shaoneng Group Co.Ltd(000601) planned major asset restructuring on April 4, 2022. Due to the uncertainty of relevant matters, in order to safeguard the interests of investors and avoid significant impact on the company’s share price, the trading of the company’s shares has been suspended since the opening of the market on April 6, 2022. Upon application, the trading of the company’s shares will resume from the opening of the market on April 20, 2022. After negotiation and communication, the relevant parties failed to reach an agreement, and there is great uncertainty in continuing to promote this transaction at this stage. In order to ensure the interests of all shareholders of the company and maintain market stability, it is decided to terminate this major asset restructuring after careful consideration.

From January to June 2021, Guangdong Shaoneng Group Co.Ltd(000601) ‘s operating revenue is composed of 55.31% of electricity, 15.69% of paper and paper products, 14.29% of trade and services, 11.91% of machinery and 2.81% of others.

Guangdong Shaoneng Group Co.Ltd(000601) ‘s chairman is Chen Laiquan, male, with a master’s degree background; The general manager is Xiao nangui, male, with a master’s degree background.

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