Great Wall International Acg Co.Ltd(000835) : announcement of abnormal fluctuations in stock trading

Securities code: 000835 securities abbreviation: * ST Changdong Announcement No.: 2022-006 Great Wall International Acg Co.Ltd(000835)

Stock trading abnormal fluctuation announcement

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. Up to now, it is still uncertain whether the draft of the company's reorganization plan can finally be approved by the creditors in the pre reorganization stage, whether the company can successfully complete the pre-approval procedures necessary for bankruptcy reorganization, whether the company can be accepted if it subsequently applies to the court for bankruptcy reorganization, and whether the company can be ruled by the court to enter the reorganization proceedings. No matter whether the company finally completes the reorganization procedure or not, the company will spare no effort to maintain the daily production, operation and management.

2. The company's shares have risk warning situations and may face the risk of termination of listing. For details, see the relevant risk tips in this announcement.

3. Please pay attention to relevant risk tips and pay attention to investment risks.

1、 Introduction to abnormal fluctuations in stock trading

Great Wall International Acg Co.Ltd(000835) (hereinafter referred to as "Great Wall animation" or "the company") shares deviated from the closing price by - 14.33% for three consecutive trading days on January 12, 2022, January 13, 2022 and January 14, 2022. According to the relevant provisions of the trading rules of Shenzhen Stock Exchange, it belongs to abnormal fluctuation of stock trading.

2、 Relevant information concerned and verified by the company

1. According to the company's self-examination, the company did not find any major information to be corrected and supplemented in the information disclosed in the previous period.

2. According to the company's self-examination, the company has not found any unpublished material information that may or has had a great impact on the company's stock trading price in the recent public media reports.

3. According to the company's self inspection, the company's current business situation and internal and external business environment have not changed significantly.

4. According to the company's self-examination, as of the disclosure date of this announcement, the company has no major events that should be disclosed but not disclosed, or major events in the planning stage.

5. The board of directors of the company sent an inquiry letter to the controlling shareholder continental Entertainment Co., Ltd. on the stock price change. Continental Entertainment Co., Ltd. issued a written explanation on the abnormal fluctuation of the stock transaction as follows: as of the date of reply to this inquiry letter, except for the disclosed matters, the company The actual controller does not have any planning, negotiation, intention, agreement, etc. related to the major matters that should be disclosed but not disclosed by your company, and there is no need to supplement or correct the matters disclosed in the early stage; During the period of abnormal fluctuation of your company's shares, the company and the actual controller did not buy or sell your company's shares.

3、 Whether there is a description of information that should be disclosed but not disclosed

The board of directors of the company confirms that, in addition to the above matters, the company has no undisclosed matters that should be disclosed according to the stock listing rules of Shenzhen Stock Exchange or planning, negotiation, intention, agreement, etc. related to the matters; The board of directors has not been informed that the company has undisclosed information that should be disclosed in accordance with the stock listing rules of Shenzhen Stock Exchange and has a great impact on the stock trading price of the company; There is no need to correct or supplement the information disclosed by the company in the early stage.

4、 Relevant risk tips

1. According to the company's self-examination, the company does not violate the fair disclosure of information.

2. Up to now, it is still uncertain whether the draft of the company's reorganization plan can finally be approved by the creditors in the pre reorganization stage, whether the company can successfully complete the pre-approval procedures necessary for bankruptcy reorganization, whether the company can be accepted if it subsequently applies to the court for bankruptcy reorganization, and whether the company can be ruled by the court to enter the reorganization proceedings. Please pay attention to the relevant risks. No matter whether the company finally completes the reorganization procedure or not, the company will spare no effort to maintain the daily production, operation and management.

3. On April 30, 2021, the company disclosed the 2020 annual report and its abstract on cninfo.com and China Securities News, in accordance with the relevant provisions of the stock listing rules of Shenzhen Stock Exchange (revised in 2020)

It is determined that the company's shares will be subject to the special treatment of "delisting risk warning" from April 30, 2021, and the special treatment of "other risk warning" will be superimposed at the same time; If the company is accepted for bankruptcy reorganization, the company's shares will also be subject to delisting risk warning.

4. If the court formally accepts the company's reorganization application, decides that the company enters the reorganization procedure, smoothly implements the reorganization and completes the reorganization plan, it will be conducive to optimizing the company's asset liability structure and restoring the ability of sustainable operation; If the company fails to enter the reorganization procedure or the reorganization fails, the company will be declared bankrupt. If the company is declared bankrupt, the company's shares will face the risk of delisting; If the relevant operating and financial indicators of the company do not meet the requirements of relevant regulatory regulations such as the stock listing rules of Shenzhen Stock Exchange (revised in 2022), the company's shares will also face the risk of delisting.

5. The information disclosure media designated by the company are cninfo.com and China Securities Journal. All information about great wall animation shall be subject to the announcement published by the company in the above designated media. Please invest rationally and pay attention to risks.

It is hereby announced.

Great Wall International Acg Co.Ltd(000835) board of directors January 17, 2022

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