Qilianshan intends to withdraw from the cement industry by asset replacement and will transform into an engineering design consulting business_Oriental Fortune Network

　　Qilian Mountainsannouncementthe listed company intends to transfer all its assets and liabilities as of the evaluation base date out of the listed company, andCCCC100% equity of the subordinate public planning institute, 100% equity of the first public institute, 100% equity of the second public institute, and 100% equity of the Southwest Institute, 100% equity of the Northeast Institute and 100% equity of the Energy Institute of China’s urban and rural subordinates for asset replacement .At the same time, the listed company plans to pay 10.62 yuan per share toCCCC. The difference between the purchased assets and the assets purchased by China Urban and Rural Issued Shares. In addition, the company plans to non-publicly issue shares to raise supporting funds. As of the signing date of this plan summary, the audit and evaluation of the assets to be placed and the assets to be placed have not been completed.

Through this transaction, the Public Planning Institute, the First Institute, the Second Institute, the Southwest Institute, the Northeast Institute, and the Energy Institute will become wholly-owned subsidiaries of the listed company. The listed company will withdraw from the cement industry and will engage in engineering design consulting business in the future.Holding of listed companiesshareholderwill change toCCCCthe actual controller will be changed to CCCC, the transaction is expected to constitutereorganizationlisted.Shares of the company will start at the market open on May 12, 2022resumption。

(Article source: ShanghaisecuritiesNewspaper Chinasecuritiesnetwork)

Article source: Shanghai Securities News China Securities Network

Responsible editor: 92

Original title: Qilianshan intends to withdraw from the cement industry through asset replacement and will transform into an engineering design consulting business