Tus Environmental Science And Technology Development Co.Ltd(000826) explanation of the board of directors on whether the stock price fluctuation before the announcement of the company's merger meets the relevant standards in Article 5 of the notice on regulating the information disclosure of listed companies and the behavior of relevant parties
The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete,
There are no false records, misleading statements or major omissions in the announcement.
City Development Environment Co.Ltd(000885) (hereinafter referred to as " City Development Environment Co.Ltd(000885) ") intends to absorb and merge Tus Environmental Science And Technology Development Co.Ltd(000826) by issuing A-Shares to all shareholders of Tus Environmental Science And Technology Development Co.Ltd(000826) (hereinafter referred to as "the company" or " Tus Environmental Science And Technology Development Co.Ltd(000826) ") and issue A-Shares to raise matching funds (hereinafter referred to as "this transaction").
1、 Explanation on whether the share price fluctuation of the merged party reaches 20% before the suspension of trading
According to the requirements of laws and regulations such as the notice on regulating the information disclosure of listed companies and the behavior of relevant parties (Zheng Jian Gong Si Zi [2007] No. 128) (hereinafter referred to as "No. 128 document") issued by the CSRC, Tus Environmental Science And Technology Development Co.Ltd(000826) conducted a self-examination on the fluctuation of stock price before the continuous suspension of trading, and the results are as follows:
Due to the planning of major asset restructuring, Tus Environmental Science And Technology Development Co.Ltd(000826) applied to Shenzhen stock exchange for suspension of trading since the opening of the market on January 11, 2021. The rise and fall of Tus Environmental Science And Technology Development Co.Ltd(000826) stocks in the 20 trading days before the suspension, as well as the rise and fall of the market index and industry index in the same period are as follows:
On the 21st trading day before the suspension of stock price / index, the rise and fall on the first trading day before the suspension (December 10, 2020) (January 8, 2021)
Tus Environmental Science And Technology Development Co.Ltd(000826) share price (yuan / share) 7.54 6.58 - 12.73%
Shenzhen Composite Index (399106. SZ) 2253.43 2419.50 7.37%
Eco environmental protection and governance index of CSRC 5329.96 4882.12 - 8.40% (883180. WI)
After excluding the influence of market factors, the price rose or fell / - 20.10%
On the 21st trading day before the suspension of stock price / index, the rise and fall on the first trading day before the suspension (December 10, 2020) (January 8, 2021)
Excluding the impact of the same industry sector, it rose / / - 4.33% decline
To sum up, after excluding the market factors of the same period (Shenzhen composite index, 399106. SZ) and the industry sector factors of the same period (ecological environmental protection and governance index of CSRC, 883180. WI), the cumulative decline of Tus Environmental Science And Technology Development Co.Ltd(000826) shares in the 20 trading days before the suspension exceeded 20%, and the stock price fluctuation reached the relevant standards specified in Article 5 of Document No. 128.
2、 Explanation on whether the share price fluctuation of the merged party reaches 20% before the announcement of merger
According to the requirements of laws and regulations such as document No. 128 of China Securities Regulatory Commission, Tus Environmental Science And Technology Development Co.Ltd(000826) conducted a self-examination on the fluctuation of stock price before the continuous suspension of trading, and the results are as follows:
Due to the promotion of major asset restructuring, Tus Environmental Science And Technology Development Co.Ltd(000826) stock's rise and fall in the 20 trading days before the merger announcement on July 23, 2021, as well as the rise and fall of market index and industry index in the same period are as follows:
The 21st trading day before the announcement of stock price / index and the first trading day before the announcement
(June 24, 2021) (July 22, 2021)
Tus Environmental Science And Technology Development Co.Ltd(000826) share price (yuan / share) 5.55 4.82 - 13.15%
Shenzhen Composite Index (399106. SZ) 2415.36 2503.85 3.66%
China Securities Regulatory Commission ecological environmental protection and governance 5249.31 5205.19 - 0.84% index (883180. WI)
Excluding the impact of market factors, it rose / / - 16.82% decline
After excluding the influence of the same industry sector, / - 12.31% rise and fall
To sum up, after excluding the market factors in the same period (Shenzhen composite index, 399106. SZ) and the industry sector factors in the same period (CSRC ecological environmental protection and governance index, 883180. WI), the cumulative rise and fall of Tus Environmental Science And Technology Development Co.Ltd(000826) shares within 20 trading days before the merger announcement did not exceed 20%, and the fluctuation of share price did not meet the relevant standards specified in Article 5 of Document No. 128. The cumulative fluctuation of Tus Environmental Science And Technology Development Co.Ltd(000826) shares within 20 trading days before the release of sensitive information that may affect the stock price does not constitute abnormal fluctuation.
In addition, due to the continued promotion of major asset restructuring, Tus Environmental Science And Technology Development Co.Ltd(000826) plans to announce the second revised transaction plan on January 24, 2022. The rise and fall of Tus Environmental Science And Technology Development Co.Ltd(000826) shares in the first 20 trading days of the second revised trading scheme announced on January 24, 2022, as well as the rise and fall of the market index and industry index in the same period are as follows:
The 21st trading day before the announcement of stock price / index and the first trading day before the announcement
(December 23, 2021) (January 21, 2022)
Tus Environmental Science And Technology Development Co.Ltd(000826) share price (yuan / share) 4.50 4.31 - 4.22%
Shenzhen Composite Index (399106. SZ) 2524.74 2387.65 - 5.43%
CSRC ecological environmental protection and governance 5658.69 5521.10 - 2.43% index (883180. WI)
Excluding the impact of market factors, it rose / / 1.21% decline
After excluding the influence of the same industry sector, / - 1.79% rise and fall
To sum up, after excluding the market factors in the same period (Shenzhen composite index, 399106. SZ) and industry sector factors in the same period (ecological environmental protection and governance index of CSRC, 883180. WI), the cumulative rise and fall of Tus Environmental Science And Technology Development Co.Ltd(000826) shares in the 20 trading days before the merger announcement did not exceed 20%, and the fluctuation of share price did not meet the relevant standards specified in Article 5 of Document No. 128.
The cumulative fluctuation of Tus Environmental Science And Technology Development Co.Ltd(000826) shares within 20 trading days before the release of sensitive information that may affect the stock price does not constitute abnormal fluctuation.
With regard to the above-mentioned share price changes, the company has fully revealed the relevant risks in the plan for City Development Environment Co.Ltd(000885) share exchange, absorption and merger Tus Environmental Science And Technology Development Co.Ltd(000826) and raising supporting funds and related party transactions (Second Revision). For details, see "I. risks related to this transaction" and "risk of suspension, suspension or cancellation of this transaction" in "major risk tips".
The company solemnly reminds investors to pay attention to investment risks.
It is hereby explained.
Tus Environmental Science And Technology Development Co.Ltd(000826) board of directors 24 January 2002
