Shanghai Sk Automation Technology Co.Ltd(688155) board of directors
Explanation that this major asset reorganization of the company does not constitute the reorganization and listing stipulated in Article 13 of the measures for the administration of major asset reorganization of listed companies
Shanghai Sk Automation Technology Co.Ltd(688155) (hereinafter referred to as “the company”) intends to acquire 51% of the equity of Ningde Dongheng Machinery Co., Ltd. (hereinafter referred to as “the target company”) in cash (hereinafter referred to as “the transaction” or “the major asset reorganization”), and the company will realize the holding of the target company after the completion of the transaction.
Through self-examination, this transaction does not constitute the reorganization and listing specified in Article 13 of the measures for the administration of major asset reorganization of listed companies. The details are as follows:
Before this transaction, pan Yanqing and Wang Yinglin were the actual controllers of the company. This transaction is a cash purchase and does not involve the issuance of shares by the company, which will not lead to the change of control of the company. After this transaction, pan Yanqing and Wang Yinglin are still the actual controllers of the company. According to Article 13 of the measures for the administration of major asset reorganization of listed companies, this transaction does not constitute reorganization and listing.
It is hereby explained.
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