Securities code: 603227 securities abbreviation: Xinjiang Xuefeng Sci-Tech (Group) Co.Ltd(603227) Announcement No.: 2022-005 Xinjiang Xinjiang Xuefeng Sci-Tech (Group) Co.Ltd(603227) (Group) Co., Ltd
Suggestive announcement on the disclosure of the plan for issuing shares and paying cash to purchase assets and raising supporting funds and the resumption of trading of the company’s shares
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
Xinjiang Xinjiang Xuefeng Sci-Tech (Group) Co.Ltd(603227) (Group) Co., Ltd. (hereinafter referred to as “the company”) has applied to Shanghai stock exchange for planning to issue shares, pay cash to purchase assets, raise supporting funds and related transactions (hereinafter referred to as “the reorganization”), The trading of the company’s shares (Securities abbreviation: Xinjiang Xuefeng Sci-Tech (Group) Co.Ltd(603227) , securities code: 603227) was suspended from the opening of the market on Tuesday, January 4, 2022. For details, see the announcement on suspension of trading of Xinjiang Xinjiang Xuefeng Sci-Tech (Group) Co.Ltd(603227) (Group) Co., Ltd. on planning major asset restructuring (announcement No.: 2021-085) disclosed by the company on January 4, 2022. During the suspension period, the company timely announced the progress of the reorganization according to relevant regulations. For details, see the progress announcement of Xinjiang Xinjiang Xuefeng Sci-Tech (Group) Co.Ltd(603227) (Group) Co., Ltd. on planning the suspension of major asset reorganization (Announcement No.: 2022-002) disclosed by the company on January 11, 2022.
On January 17, 2022, the company held the 35th meeting of the third board of directors and the 31st meeting of the third board of supervisors, deliberated and adopted the proposal on the plan for Xinjiang Xinjiang Xuefeng Sci-Tech (Group) Co.Ltd(603227) (Group) Co., Ltd. to issue shares, pay cash to purchase assets, raise supporting funds and related party transactions and its summary. For details, see the company’s website at Shanghai Securities News, securities times and Shanghai Stock Exchange (www.sse. Com. CN.) Relevant announcements issued.
According to relevant regulations, upon the application of the company to Shanghai Stock Exchange, the trading of the company’s shares will resume from the opening of the market on Tuesday, January 18, 2022. Up to now, the audit and evaluation of assets involved in the reorganization have not been completed, and the board of directors of the company has decided not to hold the general meeting of shareholders to consider the reorganization. After the completion of relevant audit and evaluation, the company will reconvene the board of directors to consider matters related to the reorganization, and the board of directors will convene the general meeting of shareholders to consider the above proposals and other proposals related to the reorganization.
The restructuring plan can only be implemented after being reviewed and approved by the board of directors and the general meeting of shareholders of the company, and approved by the competent regulatory authority. There is still great uncertainty. Please pay attention to the investment risks. The company will continue to promote relevant work after the resumption of stock trading, and timely perform the obligation of information disclosure in strict accordance with the provisions and requirements of relevant laws and regulations. The company designated the information disclosure website and media as the website of Shanghai Stock Exchange (www.sse. Com. CN) And Shanghai Securities News and securities times. The company’s information shall be subject to the announcements published by the company on the above designated websites and media.
It is hereby announced.
Board of directors of Xinjiang Xinjiang Xuefeng Sci-Tech (Group) Co.Ltd(603227) (Group) Co., Ltd. January 18, 2022
