Subsidiary temporary suspension of Yabang shares will wear hat ST to implement risk warning

category:Finance
 Subsidiary temporary suspension of Yabang shares will wear hat ST to implement risk warning


Up to now, Lianyungang Branch, Jiangsu Wall Chemical Co., Ltd., Lianyungang Yabang Heating Co., Ltd., Lianyungang Yabang Acid Making Co., Ltd., Jiangsu Daobo Chemical Co., Ltd., Jiangsu Jiamai Chemical Co., Ltd., Jiangsu Henglong Crop Protection Co., Ltd. (including subsidiary Jinduan Agricultural Co.) are on the basis of the above. The document calls for the suspension of production and the improvement of safety and environmental protection. The total business income of the above-mentioned companies in 2018 accounted for 73.05% of the companys business income in the consolidated statements in 2018. It touches upon Article 13.4.1 of the Rules for the Listing of Stocks on the Shanghai Stock Exchange, which stipulates that production and business activities are seriously affected and are not expected to return to normal within three months. u201d The situation. The company applies to the Shanghai Stock Exchange for other risk warning on its stock. Yabang said that the board of directors will accelerate the resumption of production. At present, companies are carrying out the improvement of safety and environmental protection according to the relevant documents. Among them, Wall Chemical and Lianyungang Branches, subsidiaries of the company, have completed all the rectification, waiting for the relevant acceptance and review and approval of government departments. Other companies are also actively promoting the rectification work according to the relevant requirements. During this period, the company will maintain close communication with the government, actively cooperate with the acceptance and approval work of relevant departments, strive for early resumption of production, and timely apply to the Shanghai Stock Exchange for cancellation of other risk warnings. Source: Liable Editor of Securities Daily: Yang Qian_NF4425

Up to now, Lianyungang Branch, Jiangsu Wall Chemical Co., Ltd., Lianyungang Yabang Heating Co., Ltd., Lianyungang Yabang Acid Making Co., Ltd., Jiangsu Daobo Chemical Co., Ltd., Jiangsu Jiamai Chemical Co., Ltd., Jiangsu Henglong Crop Protection Co., Ltd. (including subsidiary Jinduan Agricultural Co.) are on the basis of the above. The document calls for the suspension of production and the improvement of safety and environmental protection. The total business income of the above-mentioned companies in 2018 accounted for 73.05% of the companys business income in the consolidated statements in 2018. It touches upon Article 13.4.1 of the Rules for the Listing of Stocks on the Shanghai Stock Exchange, which stipulates that production and business activities are seriously affected and are not expected to return to normal within three months. u201d The situation. The company applies to the Shanghai Stock Exchange for other risk warning on its stock.

Yabang said that the board of directors will accelerate the resumption of production. At present, companies are carrying out the improvement of safety and environmental protection according to the relevant documents. Among them, Wall Chemical and Lianyungang Branches, subsidiaries of the company, have completed all the rectification, waiting for the relevant acceptance and review and approval of government departments. Other companies are also actively promoting the rectification work according to the relevant requirements. During this period, the company will maintain close communication with the government, actively cooperate with the acceptance and approval work of relevant departments, strive for early resumption of production, and timely apply to the Shanghai Stock Exchange for cancellation of other risk warnings.