Securities code: 000983 securities abbreviation: Shanxi Coking Coal Energy Group Co.Ltd(000983) Announcement No.: 2022-004 general risk warning announcement on this transaction
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.
Shanxi Coking Coal Energy Group Co.Ltd(000983) (hereinafter referred to as ” Shanxi Coking Coal Energy Group Co.Ltd(000983) ” and “the company”) intends to purchase 51% equity of Huajin Coking Coal Co., Ltd. (hereinafter referred to as “Huajin coking coal”) and 49% equity of Shanxi Huajin Mingzhu Coal Co., Ltd. (hereinafter referred to as “Mingzhu coal”) by issuing shares and paying cash, and raise supporting funds (hereinafter referred to as “this transaction”). This transaction constitutes a connected transaction, does not constitute a major asset restructuring, nor does it constitute a reorganization listing. This transaction will not lead to the change of the actual controller of the company.
According to the relevant regulations of Shenzhen Stock Exchange, upon the application of the company, the trading of the company’s shares (Securities abbreviation: Shanxi Coking Coal Energy Group Co.Ltd(000983) , securities code: 000983) will be suspended from the opening of the market on August 9, 2021. For details, see the announcement on suspension of Shanxi Coking Coal Energy Group Co.Ltd(000983) planning for major asset restructuring (Announcement No. 2021-038) disclosed by the company on August 9, 2021. On August 19, 2021, the company held the 6th meeting of the 8th board of directors, deliberated and approved the proposal on Shanxi Coking Coal Energy Group Co.Ltd(000983) issuing shares and paying cash to purchase assets and raising supporting funds and related party transactions and its summary. For details, see the relevant announcement disclosed by the company on August 20, 2021.
On January 14, 2022, the company held the 8th meeting of the 8th board of directors, deliberated and passed the proposal on Shanxi Coking Coal Energy Group Co.Ltd(000983) issuing shares and paying cash to purchase assets and raising supporting funds and related party transactions report (Draft) and its abstract and other proposals related to this transaction, For details, see the relevant announcements issued by the company on the information disclosure media designated by the CSRC.
The company has formulated a strict insider information management system, and controlled the scope of insiders as much as possible in the process of negotiation with the counterparty, so as to reduce and avoid the dissemination of insider information. According to the self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 8 – major asset restructuring, if the company’s stock trading is obviously abnormal before the first disclosure of major asset restructuring, there may be a risk that the suspected insider trading may be filed for investigation by China Securities Regulatory Commission (or by judicial authorities), resulting in the suspension and termination of this restructuring.
This transaction still needs to perform the necessary internal decision-making procedures and can be formally implemented only after being approved by the competent regulatory authority. There is still uncertainty about whether it can be implemented. The relevant information shall be subject to the announcement issued by the company in the selected information disclosure media.
Please invest rationally and pay attention to investment risks.
It is hereby announced.
Shanxi Coking Coal Energy Group Co.Ltd(000983) board of directors January 14, 2022
