Shenzhen Soling Industrial Co.Ltd(002766) : suggestive announcement on canceling the delisting risk warning of the company’s shares due to the court’s ruling to accept the company’s reorganization and continuing to implement delisting risk warning and other risk warnings (Updated)

Securities code: 002766 securities abbreviation: * ST soling Announcement No.: 2022-009 Shenzhen Soling Industrial Co.Ltd(002766)

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.

Special tips:

1. Shenzhen Soling Industrial Co.Ltd(002766) (hereinafter referred to as “soling shares” and “the company”) shares have been revoked since the opening of the market on January 17, 2022. The delisting risk warning of the company’s shares due to the court’s ruling to accept the company’s reorganization and the delisting risk warning and other risk warnings continue to be implemented. The short name of the shares is still “* ST soling” and the stock code is still “002766”;

2. After the delisting risk warning of the company’s shares due to the court’s ruling to accept the company’s reorganization and the continued delisting risk warning and other risk warnings, the daily limit of stock trading is still 5%. On January 7, 2022, in accordance with article 14.4.13 of the Listing Rules of Shenzhen Stock Exchange (hereinafter referred to as the “Listing Rules”), the company applied to Shenzhen Stock Exchange (hereinafter referred to as the “Shenzhen Stock Exchange”) for cancellation of the delisting risk warning situation implemented due to the court’s ruling to accept the company’s reorganization. After examination, Shenzhen Stock Exchange agreed to cancel the delisting risk warning of the company’s stock trading due to the court’s ruling to accept the company’s reorganization. The relevant matters are hereby announced as follows:

1、 Stock type, abbreviation, securities code, cancellation of delisting risk warning of the company’s shares due to the court’s ruling to accept the company’s reorganization, and the starting date of continued delisting risk warning and other risk warnings

1. The stock type is still RMB ordinary shares;

2. The stock abbreviation of the company is still “* ST soling”;

3. The stock code is still “002766”;

4. Cancellation of delisting risk warning of the company’s shares due to the court’s ruling to accept the company’s reorganization and continued delisting risk warning and other risk warning starting date: January 17, 2022

5. The daily limit for the cancellation of the delisting risk warning of the company’s shares due to the court’s ruling to accept the company’s reorganization and the continued implementation of delisting risk warning and other risk warnings is still 5%.

2、 Cancellation of the delisting risk warning of the company’s shares due to the court’s ruling to accept the company’s reorganization and the main reasons for the continued delisting risk warning and other risk warnings

On November 26, 2021, the company received the civil ruling (2020) Yue 03 Po Shen No. 475 served by Shenzhen intermediate people’s Court (hereinafter referred to as “Shenzhen intermediate people’s court”), which ruled to accept the reorganization application of the creditor Jianhua building materials (China) Co., Ltd. (hereinafter referred to as “Jianhua building materials”). Because the company was ruled by the court to accept bankruptcy reorganization, according to item (VII) of article 14.4.1 of the listing rules, the company’s shares will continue to be subject to delisting risk warning. For details, see the announcement on the court’s decision to accept the company’s reorganization and continue to be delisted risk warning (2021-057) issued by the company on cninfo.com on November 29, 2021.

On December 31, 2021, the company received the civil ruling (2021) Yue 03 Po No. 599 bis made by Shenzhen intermediate people’s court, which ruled that the implementation of the Shenzhen Soling Industrial Co.Ltd(002766) reorganization plan (hereinafter referred to as the “reorganization plan”) was completed. For details, see the announcement on the court’s ruling confirming the completion of the implementation of the company’s reorganization plan (Announcement No.: 2022-005) issued by the company on cninfo.com on January 4, 2022. The delisting risk warning of the company’s stock trading due to the court’s ruling to accept the company’s reorganization has been eliminated. According to article 14.4.13 of the stock listing rules of Shenzhen Stock Exchange, the company applied to Shenzhen Stock Exchange on January 7, 2022 to cancel the delisting risk warning due to the court’s ruling to accept the company’s reorganization, For details, please refer to the announcement on applying for cancellation of delisting risk warning and continued delisting risk warning and other risk warnings of the company’s shares due to the court’s ruling to accept the company’s reorganization issued by the company on cninfo.com on January 8, 2022 (Announcement No.: 2022-008).

After examination, Shenzhen Stock Exchange agreed to cancel the delisting risk warning of the company’s stock trading due to the court’s ruling to accept the company’s reorganization. However, due to the freezing of the main bank accounts, the company’s shares have been subject to other risk warnings since May 6, 2019, which have not been eliminated at present; In addition, as the audited ending net assets of the company in 2020 are negative, and the net profits after deducting non recurring profits and losses in the last three fiscal years are negative, and the audit report of the latest year shows that there is uncertainty in the company’s sustainable operation ability, according to the listing rules, the company’s shares have been warned of delisting risk by Shenzhen Stock Exchange since April 13, 2021 Implement other risk warnings. Since the audited financial statements of 2021 have not been reported, the delisting risk warning and other risk warnings of the company’s shares due to this situation remain unchanged. According to the relevant provisions of the Listing Rules of Shenzhen Stock Exchange, Shenzhen Stock Exchange agrees to cancel the delisting risk warning of the company’s shares due to the court’s ruling to accept the company’s reorganization, and continue to implement delisting risk warning and other risk warnings for the company’s shares.

3、 During the period when delisting risk warning and other risk warnings continue to be implemented, the company accepts the contact information consulted by investors

During the period when the delisting risk warning and other risk warnings continue to be implemented for the company’s stock trading, the company will accept the consultation of investors by telephone, e-mail and other means. The specific contact information is as follows:

Tel: 0755-28022655

Fax: 0755-28022955

Email: [email protected].

Address: Building B, financial center Shenzhen Centralcon Investment Holding Co.Ltd(000042) at the intersection of Houhai Avenue and Hyde 1st Road, Nanshan District, Shenzhen

three thousand six hundred and nine

Postal Code: 518054

4、 Risk tips

1. As the audited net assets of the company in 2020 are negative, the company has been warned of delisting risk. According to article 9.3.11 of the stock listing rules of Shenzhen Stock Exchange (revised in 2022), if the company has one of the following circumstances in 2021, the listing and trading of the company’s shares will be terminated by Shenzhen Stock Exchange: (I) the audited net profit is negative and the operating income is less than 100 million yuan, Or after retroactive restatement, the net profit of the latest fiscal year is negative and the operating income is less than 100 million yuan; (II) the audited ending net assets are negative, or the ending net assets of the latest fiscal year after retroactive restatement are negative; (III) audit reports with qualified opinions, unable to express opinions or negative opinions are issued in the financial and accounting reports; (IV) failing to disclose the annual report guaranteed by more than half of the directors to be true, accurate and complete within the statutory time limit; (V) although it complies with the provisions of article 9.3.7, it fails to apply to the exchange for cancellation of delisting risk warning within the specified time limit; (VI) due to non-compliance with article 9.3.7, the delisting risk warning application was not reviewed and approved by the exchange.

2. At present, due to the freezing of major bank accounts and the weak profitability of the company’s main business, the company’s shares have been subject to other risk warnings.

3. Even if the company implements the reorganization and the implementation is completed, if the subsequent operation and financial indicators of the company do not meet the requirements of relevant regulatory regulations such as the stock listing rules, the company’s shares still have the risk of delisting risk warning or delisting. Please invest rationally and pay attention to risks.

The information disclosure media designated by the company are China Securities News, Shanghai Securities News, securities daily and cninfo( http://www.cn.info.com.cn. )。 All information of the company shall be subject to the information disclosed in the above designated media. Please pay attention to the company’s subsequent announcements and pay attention to investment risks.

It is hereby announced.

Shenzhen Soling Industrial Co.Ltd(002766) board of directors January 15, 2022

- Advertisment -