Fujian Minfa Aluminum Co., Ltd. (hereinafter referred to as "the Company") is planning major asset restructuring matters. This major asset reorganization matter meets the standards stipulated in the rules for the listing of stocks of the Shenzhen Stock Exchange to be submitted to the shareholders' general meeting for deliberation. In view of the uncertainty that still exists in this matter, in order to safeguard the interests of the vast number of investors, guarantee fair disclosure of information, and avoid abnormal fluctuations in the company's share price, after the company applied to the Shenzhen Stock Exchange, the company's shares (abbreviated as: Minfa Aluminum Industry), Securities symbol: 002578) trading will be suspended from the opening of the market on March 16, 2018 (Friday).
During the suspension period, the company will actively carry out all kinds of work. in this major asset restructuring matter, Citic Construction Investment Securities Co., Ltd. is to be hired as an independent financial adviser, and Ruihua Accounting firm (special general partnership) as an audit institution. Beijing Guofeng Law firm is the legal adviser, and Beijing Tianjian Xingye Asset Evaluation Co., Ltd. is the evaluation body. the company will urge independent financial advisers, audit, evaluation and other intermediary organizations to speed up their work. Submitting and disclosing reorganization documents that meet the requirements of the relevant provisions to the Exchange on schedule; At the same time, according to the progress of related matters, the company will fulfill its information disclosure obligations in strict accordance with the relevant laws and regulations, and issue a progress announcement on major asset restructuring matters at least every five trading days. The Company undertakes to seek suspension for a period not exceeding one month, That is, it undertakes to strive for the disclosure of major asset restructuring plans (or reports) that meet the requirements of Code No. 26 of the guidelines for the content and format of Corporate Information Disclosure of publicly issued Securities by April 16, 2018. If the company fails to disclose a major asset reorganization plan (or report) within the above period, the company will determine whether to apply to the exchange for an extension of trading in the light of the progress of the reorganization. If the company has not submitted an application for suspension of trading or the application for resumption of trading has not been approved by the exchange, the shares of the company will resume trading from the opening of the market on April 16, 2018. At the same time, we will disclose the basic situation of this major asset restructuring, whether to continue to promote this major asset restructuring and related causes. If the company terminates the planning of a major asset restructuring within the suspension period, the company will promptly disclose the relevant announcement of the termination of the planning of the major asset restructuring. If the suspension period of the company's shares does not exceed 3 months, the company undertakes not to plan for a major asset restructuring for at least one month from the date of the announcement; If the company's shares are suspended for a cumulative period of more than 3 months, the company undertakes not to plan for a major asset restructuring for at least two months from the date of the announcement.
