Xinjiang Zhongtai Chenical Co.Ltd(002092) : 7.27% of the shares of the company held by the second largest shareholder were waiting to be frozen

Xinjiang Zhongtai Chenical Co.Ltd(002092) may 18 announced that 187 million shares (accounting for 7.27% of the total share capital of the company) held by Hongda Xingye Co.Ltd(002002) Group Co., Ltd. (hereinafter referred to as Hongda Xingye Co.Ltd(002002) group), the second largest shareholder of the company, had been frozen by Guangzhou intermediate people’s Court of Guangdong Province for a waiting period of 36 months Hongda Xingye Co.Ltd(002002) group replied that the above freezing matters were mainly caused by its related debt dispute cases, and the specific cause of action could not be determined because Hongda Xingye Co.Ltd(002002) group had not received the specific legal documents related to the freezing matters. As of the disclosure date of the announcement, Hongda Xingye Co.Ltd(002002) group has pledged 187280908 shares in total, accounting for 99.99% of its shares and 7.27% of the total share capital of the company.