Sichuan Development Lomon Co.Ltd(002312) board of directors
Explanation on whether the stock price fluctuation of this transaction meets the relevant standards in Article 5 of the notice on regulating the information disclosure of listed companies and the behavior of relevant parties
Sichuan Development Lomon Co.Ltd(002312) (hereinafter referred to as the “company” and “listed company”) intends to issue shares to purchase 100% equity of Sichuan development Tianrui Mining Co., Ltd. (hereinafter referred to as the “target company”) (hereinafter referred to as “this transaction”). According to the relevant provisions of the measures for the administration of major asset restructuring of listed companies and the stock listing rules of Shenzhen Stock Exchange, this transaction does not constitute major asset restructuring and listing, and constitutes related party transactions. In accordance with the requirements of laws and regulations such as the notice on regulating the information disclosure of listed companies and the behavior of relevant parties (Zheng Jian Gong Si Zi [2007] No. 128) (hereinafter referred to as “No. 128 document”) issued by the CSRC, the board of directors of the company makes the following explanations:
Since the opening of the market on July 20, 2021, the trading of the company’s shares has been suspended due to the planned issuance of shares to purchase assets and related party transactions. The closing price of the company’s shares on the trading day before the suspension (July 19, 2021) was 10.98 yuan / share, and the closing price on the 21st trading day before the suspension (June 21, 2021) was 8.62 yuan / share. Within 20 trading days before the suspension of this transaction, the closing price of the company’s shares increased by 27.38%.
Within 20 trading days before the suspension of this transaction, the Shenzhen Composite Index (399106) increased by 2.34%; The CSI chemical raw material index (930911. CSI) increased by 18.84% in total, as follows:
Share price / index rise and fall on June 21, 2021 and July 19, 2021
Sichuan Development Lomon Co.Ltd(002312) (yuan / share) 8.62 10.98 27.38%
Shenzhen Composite Index 2396.20 2452.32 2.34%
CSI chemical raw material index 9297.00 11048.33 18.84%
Excluding the impact of market factors, it rose or fell by 25.04%
Excluding the influence of industry sector factors, the rise and fall was 8.54%
In the 20 trading days before the suspension of this transaction, affected by the overall upward trend of the share price of the same industry sector and other factors, the company’s share price increased by more than 20% relative to the overall market, meeting the relevant standards specified in Article 5 of Document No. 128.
In the planning stage of this transaction, the company has taken necessary and sufficient confidentiality measures to limit the scope of insiders, registered insiders, timely signed and submitted the list of insiders. Shenzhen Stock Exchange and China Securities Regulatory Commission may investigate the company’s stock price changes. Therefore, there is a risk of suspending, suspending or canceling this transaction due to abnormal stock price fluctuations or abnormal transactions that may be suspected of insider trading. According to the relevant provisions of Article 5 of Document No. 128, the company has fully revealed the relevant risks in “I. risks related to this transaction” (II) risks that this transaction may be suspended, terminated or cancelled “of” major risk tips “in the report on Sichuan Development Lomon Co.Ltd(002312) issuance of shares to purchase assets and connected transactions (Draft), Draw investors\’ attention to relevant risks.
It is hereby explained.
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(there is no text on this page, which is the signature page of the Sichuan Development Lomon Co.Ltd(002312) board of directors on whether the stock price fluctuation of this transaction meets the relevant standards in Article 5 of the notice on regulating the information disclosure of listed companies and the behavior of relevant parties)
Sichuan Development Lomon Co.Ltd(002312) board of directors January 14, 2002
