Sichuan Anning Iron And Titanium Co.Ltd(002978) received a letter of concern, asking to explain whether there is a situation of “rubbing the concept” to hype the stock price

On May 20, Sichuan Anning Iron And Titanium Co.Ltd(002978) ( Sichuan Anning Iron And Titanium Co.Ltd(002978) ) disclosed that the company had received the attention letter issued by the Shenzhen Stock Exchange.

It is understood that Sichuan Anning Iron And Titanium Co.Ltd(002978) previously disclosed that it planned to invest 500 million yuan to promote the construction of 50000 tons of iron phosphate project in the first phase of lithium iron phosphate project.

In this regard, Shenzhen stock exchange requires to explain whether the iron phosphate project is a “high energy consumption and high emission” project, whether it meets the relevant national or local policy requirements and implementation; The company’s specific planning and progress in promoting the lithium iron phosphate project, whether it needs to fulfill the review procedures and information disclosure obligations, and whether the company hypes the stock price by “rubbing the concept” and “rubbing the hot spot”.

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