Jiangxi Zhengbang Technology Co.Ltd(002157) : explanatory announcement on media reports

Securities code: 002157 securities abbreviation: Jiangxi Zhengbang Technology Co.Ltd(002157) Announcement No.: 2022-008 bond Code: 112612 bond abbreviation: 17 Zhengbang 01

Convertible bond Code: 128114 convertible bond abbreviation: Zhengbang convertible bond

Jiangxi Zhengbang Technology Co.Ltd(002157)

Explanatory notice on media reports

The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.

1、 Hearsay situation

Jiangxi Zhengbang Technology Co.Ltd(002157) (hereinafter referred to as “the company” or ” Jiangxi Zhengbang Technology Co.Ltd(002157) “) has recently noticed some media reports about “online transmission Jiangxi Zhengbang Technology Co.Ltd(002157) handling breeding loans in the name of employees”, which mainly includes a group of pictures flowing out of the Internet, saying that the company can get cash quickly by handling breeding loans in the name of employees. In order to avoid misleading investors, based on the attitude of being responsible to the majority of investors, the company now explains the relevant matters in the report.

2、 Situation description

After verification, the online content is inconsistent with the facts. The business model of “company + farm + settlement” is described as follows:

The competition pattern of China’s commercial pig market is characterized by the continuous improvement of the concentration of large-scale enterprises, while the number of high-quality farmers is relatively limited in the industry, and the industry competition is gradually intensified. In this context, in order to fully mobilize the enthusiasm and sense of responsibility of farmers, make better use of the company’s high-quality production capacity and give full play to the company’s large-scale, systematic and improved breed advantages, the company upgraded and iterated the pig breeding mode to the “company + farm + settlement” mode, that is, the company will provide self built farms to farmers for use, the company will charge relevant fees, and provide pig seedlings, feed Veterinary drugs, etc. When farmers use the company’s farm, the company collects part of the funds according to the scale of the fence in order to protect the company’s assets. The overall working capital of farmers mainly comes from the loans they apply for with financial institutions. Compared with the traditional mode of “company + farmer”, the mode of “company + farm + settlement” is more conducive to the company’s resource allocation, control and centralized management, as well as the company’s production and operation management, cost improvement and breeding efficiency.

3、 Other instructions

The breeding business segment of the company adopts the cash sales method. The sales of live pigs are collected quickly, and the liquidity of biological assets is strong. The sales outside the feed business segment are stable, which can provide continuous cash inflow. The company’s overall cash flow is stable, and there is no risk of capital chain rupture. The company will reasonably arrange the business plan and development rhythm on the premise of ensuring its own cash flow safety. For the false information about the company on the network, the company will reserve the right to investigate the legal responsibility of the fabricator and disseminator.

4、 Necessary tips

Up to now, the company has no matters that should be disclosed but not disclosed in accordance with relevant provisions such as the stock listing rules of Shenzhen Stock Exchange. The company solemnly reminds investors: Shanghai Securities News, Securities Daily, securities times and cninfo (www.cn. Info. Com. CN.) As the information disclosure media designated by the company, all information of the company shall be subject to the information published in the above designated media. Investors are invited to invest rationally and pay attention to risks.

Jiangxi Zhengbang Technology Co.Ltd(002157) board of directors

January 19, 2002

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