Henan Zhongfu Industrial Co.Ltd(600595) : Henan Zhongfu Industrial Co.Ltd(600595) announcement on the completion of the implementation of the reorganization plan of the controlling shareholders

Securities code: Henan Zhongfu Industrial Co.Ltd(600595) securities abbreviation: St Zhongfu Announcement No.: pro 2022014 Henan Zhongfu Industrial Co.Ltd(600595)

Announcement on the completion of the implementation of the restructuring plan of the controlling shareholders

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. On April 20, 2022, Henan Zhongfu Industrial Co.Ltd(600595) (hereinafter referred to as "the company") received the notice of Henan Yulian Energy Group Co., Ltd. on the completion of the implementation of the reorganization plan from the controlling shareholder Henan Yulian Energy Group Co., Ltd. (hereinafter referred to as "Yulian group"), and now the relevant information is announced as follows:

1、 Overview of reorganization of controlling shareholders

On November 3, 2020, the company disclosed the suggestive announcement on the court ruling to accept the judicial reorganization of controlling shareholders, and the intermediate people's Court of Zhengzhou City, Henan Province (hereinafter referred to as "Zhengzhou intermediate people's court" or "court") ruled to accept the reorganization application filed by creditors against Yulian group.

On July 31, 2021, the company disclosed the announcement that the reorganization plan of the company's controlling shareholders was approved by the court. Zhengzhou intermediate people's court ruled to approve the reorganization plan of Yulian group and terminate the reorganization procedure of Yulian group. On April 20, 2022, Yulian group received the civil ruling (2020) Yu 01 Po No. 24-3 served by the court, confirming that the implementation of the reorganization plan of Yulian group was completed.

2、 Main contents of civil ruling

The Zhengzhou intermediate people's court held that in accordance with Article 4, paragraph 1 of Article 91 of the enterprise bankruptcy law of the people's Republic of China and paragraph (11) of paragraph 1 of Article 157 of the Civil Procedure Law of the people's Republic of China, it ruled as follows:

(I) confirm that the reorganization plan of Henan Yulian Energy Group Co., Ltd. has been implemented;

(II) terminate the reorganization procedure of Henan Yulian Energy Group Co., Ltd.

3、 The impact of the completion of the reorganization of Yulian group on the company

After the implementation of the reorganization plan of Yulian group, it will help Yulian group reduce the asset liability ratio and effectively resolve its debt risk, which is conducive to the stability of the company's control.

The information released by the company shall be published on the designated information disclosure media China Securities News, Shanghai Securities News and the website of Shanghai Stock Exchange( http://www.sse.com.cn./ )The announcement published shall prevail. Please pay attention to the company's announcement information, make prudent decisions and pay attention to investment risks.

It is hereby announced.

Henan Zhongfu Industrial Co.Ltd(600595) board of directors

April 20, 2002

- Advertisment -