Proposed acquisition of 100% equity of Yaomei group Gansu Jingyuan Coal Industry And Electricity Power Co.Ltd(000552) received the inquiry letter from Shenzhen Stock Exchange

On May 1, the first management department of listed companies of Shenzhen Stock Exchange issued a restructuring inquiry letter to Gansu Jingyuan Coal Industry And Electricity Power Co.Ltd(000552) company. On April 25, the disclosure announcement of the company showed that the company planned to purchase 100% equity of Yaojie Coal Power Group Co., Ltd. (hereinafter referred to as the underlying asset) by issuing shares. Individual built projects of the underlying asset involved "high energy consumption and high emission" industries, but did not belong to the "two high" projects constructed in violation of regulations. The raised investment project hongshaliang open pit mine project did not belong to "high energy consumption and high emission" projects.

Shenzhen stock exchange requires the company to explain whether the underlying assets meet the relevant national or local policy requirements and implementation, whether it needs to perform the procedures and performance of approval, approval and filing of relevant competent departments; Whether the underlying asset project involves new self owned coal-fired power plants, whether it meets the requirements of the guiding opinions on strengthening and standardizing the supervision and management of self owned coal-fired power plants, whether the built, under construction and proposed projects have coal consumption projects in key areas in air pollution prevention and control, if so, whether the coal equivalent or reduction substitution requirements that should be fulfilled have been fulfilled, and the coal substitution measures have been disclosed.

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