600212: explanation of the board of directors on whether the fluctuation of the company’s stock price meets the relevant standards in Article 5 of the notice on regulating the information disclosure of listed companies and the behavior of relevant parties

Shandong Jiangquan Industry Co.Ltd(600212) board of directors

About whether the fluctuation of the company’s stock price reaches

Notice on regulating information disclosure of listed companies and behaviors of relevant parties

Article 5 description of relevant standards

Shandong Jiangquan Industry Co.Ltd(600212) (hereinafter referred to as ” Shandong Jiangquan Industry Co.Ltd(600212) “, “listed company” or “company”) the listed company intends to sell its thermoelectric business asset group to Linyi Xuyuan Investment Co., Ltd. in cash, which constitutes the assets and liabilities related to the company’s thermoelectric business.

According to Article 5 of the notice on regulating the information disclosure of listed companies and the behavior of relevant parties: “If the stock price of a listed company rises or falls by more than 20% within 20 trading days before the release of major price sensitive information, excluding the influence of market factors and industry sector factors, the listed company shall fully prove that there is no insider trading such as insiders and immediate relatives when filing an administrative license application with the CSRC. The stock exchange shall be sensitive to the stock price of the company Conduct special analysis on whether there are abnormal behaviors in stock trading before the release of major information, and report to the CSRC. The CSRC may investigate the share price changes of listed companies, and the examination of the administrative license application of listed companies will be suspended during the investigation period. “

The range of 20 trading days before the first disclosure of major asset restructuring by listed companies is from December 9, 2021 to January 6, 2022. The cumulative increases and decreases of listed companies’ stocks (Code: 600212. SH), Shanghai Composite Index (00000 1. SH) and comprehensive industry index (882425. Wi) in this range are as follows:

The first disclosure of listed companies is heavy, and the first disclosure of listed companies is heavy

Rise and fall before major asset restructuring of the project

21st trading day 1st trading day

(December 9, 2021) (January 6, 2022)

Closing price of the company (yuan / share) 4.46 4.16 – 6.73%

Shanghai Composite Index closed at 3673.04 3586.08 -2.37%

Composite industry index closing value 2726.54 2628.75 – 3.59%

Excluding the influencing factors of the market, it rose or fell by – 4.36%

Excluding the influence of industry factors in the same industry sector, the increase and decrease was – 3.14%

Data source: wind information

Within 20 trading days before the first information disclosure of the trading company, the cumulative increase of the company’s stock price was – 6.73%, and after deducting the cumulative increase of – 2.37% of the Shanghai Composite Index (00000 1. SH) in the same period, the increase was – 4.36%; After deducting the increase of – 3.59% in the comprehensive industry index (882425. WI), the increase range was – 3.14%, which did not meet the standard specified in Article 5 of the notice on regulating the information disclosure of listed companies and the behavior of relevant parties.

In this transaction, the company has taken relevant confidentiality measures, reported that the company has registered insiders of inside information, relevant intermediaries have signed confidentiality agreements with the company, controlled the scope of insiders of inside information, and timely signed the memorandum of transaction process.

According to the relevant provisions of Article 5 of the notice on regulating the information disclosure of listed companies and the behavior of relevant parties, the risk tips are as follows:

1. China Securities Regulatory Commission may investigate the company’s stock price changes, so there is a risk of suspending, terminating or canceling this transaction due to abnormal stock price fluctuations or abnormal transactions that may be suspected of insider trading;

2. If the company’s transaction is suspected of insider trading and is filed for investigation by the CSRC or by the judicial organ, the transaction process will be suspended and may be terminated.

The company has taken relevant confidentiality measures for this transaction, including registering insiders of inside information, signing confidentiality agreements with relevant parties, controlling the scope of insiders of inside information, timely signing the memorandum of transaction process, etc. Please pay attention to investment risks. It is hereby explained.

Shandong Jiangquan Industry Co.Ltd(600212) board of directors

January 17, 2022

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