Home Business Announcement of Xinjiang Sailim Modern Agriculture Co., Ltd. on abnormal fluctuations in stock trading_closing price

Announcement of Xinjiang Sailim Modern Agriculture Co., Ltd. on abnormal fluctuations in stock trading_closing price

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Original Title: Xinjiang Sailim Modern Agriculture Co., Ltd. Announcement on Abnormal Stock Trading Fluctuations

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the content of this announcement, and bear individual and joint responsibility for the authenticity, accuracy and completeness of the content.

Important content reminder:

● Xinjiang Sailimu Modern Agriculture Co., Ltd. (hereinafter referred to as the “Company” or “Xinsai shares”) stocks deviated from the closing price increase on September 30, October 8, and October 11, 2021 The cumulative value reached 23.49%, more than 20%. According to the relevant regulations of the “Shanghai Stock Exchange Trading Rules”, the company’s stock trading is subject to abnormal fluctuations.

● The dynamic P/E ratio of the company as of the close of trading on October 11, 2021 is 384.90, and the dynamic P/E ratio of the agriculture, animal husbandry, feed, and fishery industries as of the close of October 11, 2021 is 378.42. The dynamic P/E ratio of the company’s stock is basically the same as the industry average.

● After the company’s self-inspection, there has been no major change in the company’s daily operations.

● After the company’s self-examination and written inquiries about the company’s controlling shareholders and actual controllers, as of the disclosure date of this announcement, it has been confirmed that there is no material information that should be disclosed but not disclosed.

1. The specific circumstances of abnormal stock trading fluctuations

On September 30, October 8, and October 11, 2021, the deviation of the daily closing price increase in the three consecutive trading days reached 23.49%, which is more than 20%. According to the relevant rules of the Shanghai Stock Exchange Trading Rules It is stipulated that the company’s stock trading belongs to abnormal fluctuations.

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2. The company concerned and verified the relevant situation

In response to the abnormal fluctuation of the company’s stock, the company has checked the relevant matters and asked the company’s controlling shareholder and actual controller. The relevant situation is now explained as follows:

(1) Production and operation

After the company’s self-examination, the company’s recent daily business activities have been normal, and there has been no major change in the internal and external business environment.

(2) Major events

After the company’s self-examination and written inquiries about the company’s controlling shareholders and actual controllers, as of the disclosure date of this announcement, the company’s controlling shareholders and actual controllers have no major issues that affect the fluctuations in the company’s stock transactions, and there are no other major issues that should be disclosed but not disclosed. Information, including but not limited to major matters such as mergers and acquisitions, share issuance, acquisitions, debt restructuring, business restructuring, asset divestiture and asset injection.

The company disclosed the “Announcement of Xinjiang Sailimu Modern Agriculture Co., Ltd. on Non-public Issuance of Shares Approved and Approved by China Securities Regulatory Commission” on July 15, 2021 (see Announcement No. 2021-045 for details). Steadily advance the work related to non-public issuance of stocks.

(3) Other price-sensitive information

Upon verification by the company, the company’s directors, supervisors, senior managers, controlling shareholders and actual controllers did not buy or sell the company’s stock during the period of stock trading price fluctuations.

3. Relevant risk reminders

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the content of this announcement, and bear individual and joint responsibility for the authenticity, accuracy and completeness of the content.

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Important content reminder:

● Xinjiang Sailimu Modern Agriculture Co., Ltd. (hereinafter referred to as the “Company” or “Xinsai shares”) stocks deviated from the closing price increase on September 30, October 8, and October 11, 2021 The cumulative value reached 23.49%, more than 20%. According to the relevant regulations of the “Shanghai Stock Exchange Trading Rules”, the company’s stock trading is subject to abnormal fluctuations.

● The dynamic P/E ratio of the company as of the close of trading on October 11, 2021 is 384.90, and the dynamic P/E ratio of the agriculture, animal husbandry, feed, and fishery industries as of the close of October 11, 2021 is 378.42. The dynamic P/E ratio of the company’s stock is basically the same as the industry average.

● After the company’s self-inspection, there has been no major change in the company’s daily operations.

● After the company’s self-examination and written inquiries about the company’s controlling shareholders and actual controllers, as of the disclosure date of this announcement, it has been confirmed that there is no material information that should be disclosed but not disclosed.

1. The specific circumstances of abnormal stock trading fluctuations

On September 30, October 8, and October 11, 2021, the deviation of the daily closing price increase in the three consecutive trading days reached 23.49%, which is more than 20%. According to the relevant rules of the Shanghai Stock Exchange Trading Rules It is stipulated that the company’s stock trading belongs to abnormal fluctuations.

2. The company concerned and verified the relevant situation

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In response to the abnormal fluctuation of the company’s stock, the company has checked the relevant matters and asked the company’s controlling shareholder and actual controller. The relevant situation is now explained as follows:

(1) Production and operation

After the company’s self-examination, the company’s recent daily business activities have been normal, and there has been no major change in the internal and external business environment.

(2) Major events

After the company’s self-examination and written inquiries about the company’s controlling shareholders and actual controllers, as of the disclosure date of this announcement, the company’s controlling shareholders and actual controllers have no major issues that affect the fluctuations in the company’s stock transactions, and there are no other major issues that should be disclosed but not disclosed. Information, including but not limited to major matters such as mergers and acquisitions, share issuance, acquisitions, debt restructuring, business restructuring, asset divestiture and asset injection.

The company disclosed the “Announcement of Xinjiang Sailimu Modern Agriculture Co., Ltd. on Non-public Issuance of Shares Approved and Approved by China Securities Regulatory Commission” on July 15, 2021 (see Announcement No. 2021-045 for details). Steadily advance the work related to non-public issuance of stocks.

(3) Other price-sensitive information

Upon verification by the company, the company’s directors, supervisors, senior managers, controlling shareholders and actual controllers did not buy or sell the company’s stock during the period of stock trading price fluctuations.

3. Relevant risk remindersReturn to Sohu to see more

Editor:

Disclaimer: The opinions of this article only represent the author himself. Sohu is an information publishing platform. Sohu only provides information storage space services.

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