Board of directors of Xinjiang Xinjiang Xuefeng Sci-Tech (Group) Co.Ltd(603227) (Group) Co., Ltd
Notes on confidentiality measures and systems adopted for major asset restructuring
Xinjiang Xinjiang Xuefeng Sci-Tech (Group) Co.Ltd(603227) (Group) Co., Ltd. (hereinafter referred to as the “company” and “listed company”) plans to purchase Xinjiang agriculture and animal husbandry investment (Group) Co., Ltd., Sichuan Jinxiang Sairui Chemical Co., Ltd., Hefei Wufeng Investment Co., Ltd., Chengdu Guoheng No. 1 investment partnership (Limited partnership) by issuing shares and paying cash Aksu investment and Construction Group Co., Ltd., shayariyang investment limited partnership, Meishan Jinye enterprise management planning center (limited partnership), Aksu Xinfa Mining Co., Ltd., alar Tongzhong state owned Assets Management Co., Ltd., Shaoxing Sanye Foreign Trade Co., Ltd., Ding Ling, Xinjiang Shaya Urban Construction Investment Co., Ltd Xinjiang Jinding Heavy Industry Co., Ltd., Ren Hu, Zhu Xueqian and Zhou Jun jointly held 100% equity of Xinjiang Yuxiang Populus euphratica Chemical Co., Ltd. and raised supporting funds (hereinafter referred to as “this restructuring”).
The company has taken necessary and sufficient confidentiality measures in strict accordance with the requirements of laws, regulations and normative documents such as the measures for the administration of major asset restructuring of listed companies, the measures for the administration of information disclosure of listed companies, the standards for the content and format of information disclosure by companies offering securities to the public No. 26 – major asset restructuring of listed companies, An effective confidentiality system has been formulated or implemented to continuously carry out the management of insider information throughout the restructuring process. The details are as follows:
1. The company attaches great importance to the management of insider information. Since the initial contact between all parties, the company has strictly controlled the scope of insider information and registered insider information in time.
2. The company strictly controls the scope of insiders of inside information and has prepared the registration form of insiders of inside information and the memorandum of transaction process.
3. The company has repeatedly supervised and reminded the insiders of relevant inside information to fulfill their confidentiality obligations and responsibilities. Before the disclosure of the inside information according to law, they shall not disclose or disclose the information, nor use the inside information to buy or sell or suggest others to buy or sell the shares of the listed company.
It is hereby explained.
Board of directors of Xinjiang Xinjiang Xuefeng Sci-Tech (Group) Co.Ltd(603227) (Group) Co., Ltd. January 17, 2022
