Shandong Jiangquan Industry Co.Ltd(600212) board of directors
Explanation on whether the relevant entities of this reorganization are not allowed to participate in any major asset reorganization of Listed Companies in accordance with Article 13 of the guidelines for the supervision of listed companies No. 7 – supervision of abnormal stock transactions related to major asset reorganization of listed companies
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 13 of the guidelines for the supervision of listed companies No. 7 – supervision of abnormal stock transactions related to major asset restructuring of listed companies revised and published by China Securities Regulatory Commission in September 2016, the board of directors of 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:
It is confirmed that the relevant subjects in Article 7 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 involved in this transaction do not have the situation of being filed for investigation or investigation due to suspected insider trading related to this transaction, Nor has it been subject to administrative punishment by the China Securities Regulatory Commission or investigated for criminal responsibility by judicial organs according to law in the past 36 months. The relevant entities of this transaction are not allowed to participate in any major asset restructuring of Listed Companies in accordance with Article 13 of the guidelines for the supervision of listed companies No. 7 – supervision of abnormal stock transactions related to major asset restructuring of listed companies.
It is hereby explained.
Shandong Jiangquan Industry Co.Ltd(600212) board of directors
January 17, 2022
