Securities code: 002499 securities abbreviation: * ST Colin Announcement No.: 2022-004 Kelin Environmental Protection Equipment Inc(002499)
Announcement on the change of the company’s share price
The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete without false records, misleading statements or major omissions.
1、 Abnormal fluctuations in stock trading
Kelin Environmental Protection Equipment Inc(002499) (hereinafter referred to as “the company”) deviated from the closing price by more than 12% for three consecutive trading days on January 21, January 24 and January 25, 2022. According to the relevant provisions of the stock listing rules of Shenzhen Stock Exchange, it belongs to the situation of abnormal fluctuations in stock trading.
2、 The company pays attention to and verifies relevant information
In view of the abnormal fluctuation of the company’s stock trading, the board of directors of the company has verified the controlling shareholders, actual controllers, shareholders holding more than 5% of the shares, all directors, supervisors and senior managers of the company through telephone and on-site inquiry. The relevant information is explained as follows:
1. The information disclosed by the company in the early stage does not need to be corrected or supplemented.
2. On January 6, 2022, the company disclosed the announcement on the receipt of advance notice of administrative punishment by the company and relevant parties (Announcement No.: 2022-001). On January 5, 2022, the company received the advance notice of administrative punishment (sjfz [2022] No. 1) from Jiangsu regulatory bureau of China Securities Regulatory Commission. According to the situation identified in the prior notice of administrative punishment, the company preliminarily judged that the illegal information disclosure involved in the prior notice of administrative punishment received this time did not touch the major illegal compulsory delisting specified in articles 14.5.1, 14.5.2 and 14.5.3 of the stock listing rules of Shenzhen Stock Exchange (revised in 2020); The illegal acts of the company do not touch the circumstances stipulated in Articles 2, 4 and 5 of the measures for the implementation of compulsory delisting of Listed Companies in major violations. The final conclusion shall be subject to the decision on administrative punishment issued by the CSRC.
3. On January 22, 2022, the company disclosed the suggestive announcement on the acceptance of bankruptcy reorganization application by the court and judicial re freezing of some shares by the largest shareholder (Announcement No.: 2022-002), The company paid attention to the national enterprise bankruptcy and reorganization case information network on January 19, 2022, and disclosed on December 17, 2021 that Industrial Bank Co.Ltd(601166) Shenzhen Heping sub branch applied to Chongqing No. 5 intermediate people’s court for bankruptcy and reorganization of Chongqing dongchengruiye Investment Co., Ltd. (hereinafter referred to as “dongchengruiye”), the largest shareholder of the respondent company ([2021] Yu 05 Po Shen No. 895), Meanwhile, the company inquired about the company’s stock freeze through China Securities Depository and Clearing Co., Ltd. and learned that the company’s shares held by dongchengruiye, the company’s largest shareholder, have been newly frozen.
4. The performance forecast for 2021 is published on cninfo.com.cn on the same day as this announcement Performance forecast for 2021 (Announcement No.: 2022-003).
5. In addition to the above information, the company has not found any unpublished material information that may or has had a great impact on the company’s stock trading price reported by the public media recently.
6. Up to now, the operation of the company is normal, and the internal and external business environment has not changed significantly.
7. The company, controlling shareholders, actual controllers and shareholders holding more than 5% of the company’s shares do not have major matters that should be disclosed but not disclosed about the company, or major matters in the planning stage;
8. During the period of stock change, there was no behavior of the company’s controlling shareholders and actual controllers buying and selling the company’s shares, nor did the company’s directors, supervisors and senior managers buy and sell the company’s shares.
9. The company does not violate the provisions on fair information disclosure.
3、 Whether there is a description of the information that should be disclosed but not disclosed
The board of directors of the company confirms that the company has no undisclosed matters or planning, negotiation, intention, agreement, etc. related to the matters that should be disclosed in accordance with the stock listing rules of Shenzhen Stock Exchange and other relevant provisions; The board of directors has not been informed that the company has undisclosed information that has a great impact on the trading price of the company’s shares and their derivatives that should be disclosed in accordance with the stock listing rules of Shenzhen Stock Exchange and other relevant provisions; The information disclosed by the company in the early stage does not need to be corrected or supplemented.
4、 Risk tips
1. Through self-examination, the company has no violation of fair information disclosure.
2. The company faces further litigation and arbitration due to overdue debts, resulting in the freezing of some equity of subsidiaries by the court, which has not had a material impact on the normal operation of the company and subsidiaries, but there is a risk that the equity of subsidiaries may be subject to judicial disposal due to the above litigation matters. The company will communicate with relevant creditors and strive to properly solve the above equity freeze, so as to maintain the stability of the company’s production and operation.
3. Some bank accounts of the company and its subsidiaries have been frozen due to litigation or arbitration. The freezing of the above accounts has no impact on the operation of the company’s new business and capital turnover. The company is currently taking measures to lift the account freeze as soon as possible.
4. The audited net profit of the company in 2018 and 2019 was negative, and the net profit after deducting non profits in 2020 was negative. The company’s shares continued to implement the “delisting risk warning” after the disclosure of the 2020 annual report. According to the relevant provisions of the Listing Rules of Shenzhen Stock Exchange, the company’s net profit after deducting non recurring profits and losses for three consecutive fiscal years in 2018, 2019 and 2020 is negative, and the 2020 audit report shows that the company’s sustainable operation ability is uncertain, Touching the relevant provisions of article 13.3 of the stock listing rules of Shenzhen Stock Exchange (revised in 2020), the company’s stock trading was subject to “other risk warning”. According to article 9.3.11 of the Listing Rules of Shenzhen Stock Exchange (revised in 2022), if the company’s 2021 annual report indicates that the company has any of the circumstances listed in article 9.3.11, Shenzhen Stock Exchange will decide to terminate the listing and trading of the company’s shares.
5. The information disclosure media designated by the company are securities times and http://www.cn.info.com.cn, The information of the company shall be subject to the information published in the above designated media.
5、 Other matters
The company will continue to fulfill the obligation of information disclosure in strict accordance with the provisions and requirements of relevant laws and regulations, and do a good job of information disclosure in a timely manner.
Please pay attention to the risks.
It is hereby announced.
Kelin Environmental Protection Equipment Inc(002499) board of directors January 25, 2002
