Ningxia Jiaze Renewables Corporation Limited(601619) board of directors
Explanation on the absence of any circumstance stipulated in Article 13 of the guidelines for the supervision of listed companies No. 7 - supervision of abnormal trading of stocks related to major asset restructuring of listed companies
Ningxia Jiaze Renewables Corporation Limited(601619) (hereinafter referred to as the "company" or "listed company") intends to purchase 22.7009% of the partnership share of Ningxia ningbai Industrial Investment Fund (limited partnership) (hereinafter referred to as "ningbai fund") held by Shanghai Electric Group Company Limited(601727) Investment Co., Ltd. by means of cash payment; Meanwhile, Hainan Kaixian Private Equity Fund Management Co., Ltd., the holding subsidiary of the listed company, plans to purchase 0.0463% of the partnership share of ningbai fund held by Ningxia Kaixian Capital Management Co., Ltd. (hereinafter referred to as "this restructuring") by paying cash.
According to the provisions of the guidelines for the supervision of listed companies No. 7 - supervision of abnormal stock transactions related to major asset restructuring of listed companies, the company explains whether the relevant subjects of this restructuring are not allowed to participate in any major asset restructuring of listed companies as follows:
After verification, as of the date of issuance of this note, the relevant subjects specified in Article 7 of the guidelines for the supervision of listed companies No. 7 - supervision of abnormal stock transactions related to major asset restructuring of listed companies involved in this restructuring have not been filed for investigation or investigation due to suspected insider trading related to this restructuring, In the last 36 months, there has been no case where the China Securities Regulatory Commission has imposed administrative penalties or judicial organs have investigated for criminal responsibility according to law for insider trading suspected of being related to major asset restructuring.
In conclusion, there is no case that the relevant subjects of this reorganization are not allowed to participate in the material asset reorganization of any listed company in accordance with Article 13 of the guidelines for the supervision of listed companies No. 7 - supervision of abnormal stock transactions related to material asset reorganization of listed companies.
It is hereby explained.
Ningxia Jiaze Renewables Corporation Limited(601619) board of directors
January 18, 2002
