Securities code: 600173 securities abbreviation: Wolong Real Estate Group Co.Ltd(600173) Announcement No.: pro 2022-007
Wolong Real Estate Group Co.Ltd(600173) about reply
The board of directors and all directors of the company guarantee that the contents of this announcement are free from any false records, misleading statements or major omissions, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents. Important contents and risk tips:
1. A profit compensation mechanism is set up for this transaction. If the audited net profit of the subject company is lower than the predicted net profit in the next three years (2022 ~ 2024) after the completion of this transaction, the controlling shareholder of the seller of this transaction shall make cash compensation.
2. In this transaction, two insiders bought and sold stocks during the sensitive period, but the relevant personnel said that they did not use the insider information for trading, and promised to hand over all the above-mentioned stock trading proceeds to the company, and strengthen learning as a warning.
3. This transaction may have external risks such as intensified market competition and declining industry prosperity, as well as internal risks such as business integration, personnel integration and operation management.
Wolong Real Estate Group Co.Ltd(600173) (hereinafter referred to as ” Wolong Real Estate Group Co.Ltd(600173) “, “company” and “listed company”) was posted on the website of Shanghai Stock Exchange (www.sse. Com. CN.) on January 12, 2022 Shanghai Securities News and the securities times disclosed the announcement of Wolong Real Estate Group Co.Ltd(600173) on the acquisition of 100% equity and related party transactions of Shanghai Wolong Mining Co., Ltd. (Announcement No.: pro 2022-003).
On January 12, 2022, the company received the inquiry letter on Wolong Real Estate Group Co.Ltd(600173) related related acquisition matters (szgh [2022] No. 0023) (hereinafter referred to as the “inquiry letter”) from the supervision department of listed companies of Shanghai Stock Exchange (hereinafter referred to as “Shanghai Stock Exchange”). The company verified the issues concerned in the inquiry letter and replied in writing as follows:
Unless otherwise specified, if the sum of the values of each sub item is inconsistent with the mantissa of the total, it is caused by rounding
