Securities code: 000703 securities abbreviation: Hengyi Petrochemical Co.Ltd(000703) Announcement No.: 2022-004
Hengyi Petrochemical Co.Ltd(000703)
Announcement on relevant commitments of real estate business
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.
Since 2017, Hengyi Petrochemical Co.Ltd(000703) (hereinafter referred to as ” Hengyi Petrochemical Co.Ltd(000703) ” or “the company”) and its subsidiaries have two subsidiaries involved in real estate development business, namely Hengyi Petrochemical Co.Ltd(000703) and Zhejiang hengyihanlin Enterprise Management Co., Ltd. (hereinafter referred to as “hengyihanlin”). Except Hengyi Petrochemical Co.Ltd(000703) and Hengyi Hanlin, other subsidiaries do not have real estate development projects. The company plans to publicly issue convertible corporate bonds. According to the relevant provisions and requirements of refinancing supervision, the company makes the following commitments for the real estate business company:
1. The proposed construction project of Zhejiang Hengyi Hanlin Enterprise Management Co., Ltd. (hereinafter referred to as “Hengyi Hanlin”), a holding subsidiary of the company, is the headquarters building of the company. After the project is completed, it will be owned and used by the company and its subsidiaries, and will not be used for real estate development and operation.
2. Hengyi Hanlin has completed the change of the company’s name and business scope, and the company’s name and business scope are not related to real estate business. The business scope changed on December 30, 2021 no longer includes “real estate development and operation business, housing leasing, non residential real estate leasing and real estate consulting”
3. The board of directors of the company has considered and approved the proposal to delete the expression “investment in real estate industry” in the business scope of the company, and submitted it to the general meeting of shareholders of the company for deliberation. After the proposal is deliberated and approved by the general meeting of shareholders, the business scope of the company (at the same level) will no longer involve relevant statements of real estate business.
4. The company and its subsidiaries are not engaged in real estate business, and will not apply for real estate development qualification in the future, nor will they carry out real estate development and operation business in the future.
5. The company will use the raised funds in strict accordance with the requirements of the measures for the management of raised funds, and will not be used for real estate development and business operations, nor will it invest in real estate development projects.
If the company violates the above commitments, it will publicly explain and apologize in the designated newspapers and periodicals; The company shall bear relevant responsibilities according to law.
It is hereby announced.
Hengyi Petrochemical Co.Ltd(000703) board of directors January 12, 2002
