Jiangsu Zhongli Group Co.Ltd(002309)
Securities Announcement No.: 0029 Jiangsu Zhongli Group Co.Ltd(002309)
Progress announcement on relevant matters
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.
Jiangsu Zhongli Group Co.Ltd(002309) (hereinafter referred to as “the company”) replied to the letter of concern on Jiangsu Zhongli Group Co.Ltd(002309) of Shenzhen Stock Exchange on May 9, 2022 (company department concern letter [2022] No. 229), and now announced the progress of relevant matters as follows: 1. The capital occupation disclosed in the 2021 annual report was operated by the controlling shareholder without informing the company. The company has criticized Mr. Wang Baixing, the controlling shareholder and chairman, and imposed a fine of 1 million yuan. 2. The company repeatedly urged the controlling shareholders and related parties to return the occupied funds, and the controlling shareholders said they were actively raising funds through various channels. Investors should pay attention to the risk of whether the controlling shareholders and related parties can repay on schedule.
At present, the internal and external business environment of the company has not changed significantly, and the operation is normal. The photovoltaic base business newly invested and expanded in 2021 will be promoted as planned, laying the foundation for the development of the company’s photovoltaic business in 2022 and striving to turn losses into profits.
It is hereby announced.
Jiangsu Zhongli Group Co.Ltd(002309) board of directors may 19, 2022
