The controlling shareholder of Zhongli Group stated that it will strive to return the occupied funds and shares within one month.

On the evening of May 23rd,Zhongli Group(002309) stated in its reply to the Shenzhen Stock Exchange’s inquiry letter that as of thisannouncementOn the disclosure date, the company’s holdingsshareholderThe balance of non-operating funds occupied by related parties is 876.9 million yuan, and 2.2335 million yuan has been returned compared with the balance at the end of the period. The controlling shareholder stated that it would make every effort to return the occupied funds within one month.

butZhongli GroupIt also stated that if the problem of capital occupation cannot be solved at that time, such situation constitutes a serious situation of capital occupation as described in Article 9.8.2 of the “Stock Listing Rules” of Shenzhen Stock Exchange.Zhongli GroupIt will touch the situation of implementing other risk warnings for its stock transactions as stipulated in Article 9.8.1 of the “Stock Listing Rules” of the Shenzhen Stock Exchange.

It is worth mentioning that Zhongli Group has risen by the daily limit for five consecutive trading days. As of the close on May 23, Zhongli Group reported 6.53 yuan per share, an increase of 9.93%, and a total market value of 5.693 billion yuan.

(Article source: Beijing Business Daily)

Article source: Beijing Business Daily

Responsible editor: 10

Original title: The controlling shareholder of Zhongli Group stated that it will strive to return the occupied funds within one month and the stock has achieved five consecutive boards