Securities code: Inner Mongoliayuan Xing Energy Company Limited(000683) securities abbreviation: Inner Mongoliayuan Xing Energy Company Limited(000683) Announcement No.: 2022037 Inner Mongoliayuan Xing Energy Company Limited(000683)
Announcement on the progress of major asset restructuring
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.
1、 Basic information of this major asset restructuring
Inner Mongoliayuan Xing Energy Company Limited(000683) (hereinafter referred to as “the company”) plans to purchase 14% equity of Inner Mongolia Boyuan Yingen Mining Co., Ltd. (hereinafter referred to as “Yingen mining”) held by Inner Mongolia nabechuan Resource Development Co., Ltd. in cash, and plans to increase the capital of Yingen mining with cash of RMB 3.725 billion (hereinafter referred to as “this major asset reorganization” and “this transaction”). The total consideration of this transaction is 5.811 billion yuan. Before the implementation of this transaction, the company held 36% equity of Yingen mining; After the completion of this transaction, the company will hold 60% equity of Yingen mining to realize the control of Yingen mining.
2、 Progress of this major asset restructuring
1. On December 22, 2021, the company held the 20th meeting of the 8th board of directors and the 19th meeting of the 8th board of supervisors, deliberated and adopted the proposal on the major asset purchase, capital increase and related party transactions and other proposals on the major asset restructuring, It also disclosed the report on Inner Mongoliayuan Xing Energy Company Limited(000683) major asset purchase and capital increase and related party transactions (Draft) (hereinafter referred to as the “restructuring report”) and its summary, Yingen mining audit report and evaluation report and other relevant documents of this major asset restructuring on December 24, 2021.
2. On January 12, 2022, the company received the inquiry letter on the restructuring of Inner Mongoliayuan Xing Energy Company Limited(000683) issued by the second Department of management of listed companies of Shenzhen Stock Exchange (inquiry letter on non licensed restructuring [2022] No. 1) (hereinafter referred to as the “inquiry letter”). After receiving the inquiry letter, the company actively organizes relevant personnel and intermediaries to implement and verify the questions raised in the inquiry letter one by one. In order to ensure the authenticity, accuracy and completeness of the information disclosure, the company will postpone the reply to the inquiry letter after applying to Shenzhen Stock Exchange. The company disclosed the announcement on delaying the reply to the reorganization inquiry letter of Shenzhen Stock Exchange (Announcement No.: 2022004) on January 21, 2022.
3. On February 27, 2022, the company held the 21st Meeting of the 8th board of directors and the 20th meeting of the 8th board of supervisors, The proposal on adjusting the plan for this major asset purchase and capital increase and related party transactions, the report on Inner Mongoliayuan Xing Energy Company Limited(000683) major asset purchase and capital increase and related party transactions (Draft) (Revised Version) and its summary were deliberated and adopted The proposal on signing the performance commitment compensation agreement on Inner Mongoliayuan Xing Energy Company Limited(000683) the separate capital increase of Inner Mongolia Boyuan Yingen Mining Co., Ltd. and the performance commitment compensation agreement on the transfer of equity of Inner Mongolia Boyuan Yingen Mining Co., Ltd. by Inner Mongolia Mido Energy Co., Ltd., and replied to the questions involved in the inquiry letter issued by the second Department of listed company management of Shenzhen Stock Exchange on the same day. For details, please refer to the reply to the inquiry letter on the restructuring of Inner Mongoliayuan Xing Energy Company Limited(000683) of Shenzhen Stock Exchange, the report on the purchase of Inner Mongoliayuan Xing Energy Company Limited(000683) major assets and capital increase and related party transactions (Draft) (Revised) and relevant public notices disclosed by the company on cninfo.com on February 28, 2022.
According to the relevant regulations of Shenzhen Stock Exchange, the company disclosed the announcement on the progress of major asset restructuring (Announcement No.: 2022006, 2022008, 2022019) on January 26, 2022, February 25, 2022 and March 25, 2022 respectively.
As of the date of this announcement, the work related to this major asset restructuring is being actively promoted, and the company will perform the relevant approval procedures and information disclosure obligations according to the progress of this major asset restructuring.
3、 Risk tips
With regard to the risks of this major asset restructuring, the relevant risk factors involved in this restructuring have been described in detail in the report on Inner Mongoliayuan Xing Energy Company Limited(000683) major asset purchase and capital increase and related party transactions (Draft) (Revised) disclosed by the company on February 28, 2022.
This major asset restructuring still needs the approval of Shenzhen Stock Exchange and other possible approvals or approvals required by relevant laws and regulations, and needs to be submitted to the general meeting of shareholders of the company for deliberation and approval. Whether this transaction can obtain the above approval or approval and the final time of obtaining relevant approval or approval are uncertain. Investors are hereby reminded to pay attention to investment risks.
The information disclosure media designated by the company are China Securities News, Shanghai Securities News, securities times, securities daily and cninfo.com（ http://www.cn.info.com.cn. ）, relevant information shall be subject to the information disclosed by the company in the above designated media. Investors are kindly requested to pay attention in time, make prudent decisions and pay attention to investment risks. It is hereby announced.
Inner Mongoliayuan Xing Energy Company Limited(000683) board of directors April 25, 2002
