Announcement on the Implementation Rules for Cash Option Rights of Dissenting Shareholders
Qinghai Salt Lake Industrial Group Co., Ltd. (Stock Code: 000578, Stock Abbreviation: Salt Lake Group) announces that the company and all members of the board guarantee that the content of this information disclosure is true, accurate, and complete, without false representations, misleading statements, or significant omissions.
On January 26, 2010, the first extraordinary general meeting of shareholders approved the proposal for the share swap and absorption merger of Qinghai Salt Lake Potash Co., Ltd. by our company, where some shareholders cast valid dissenting votes. Shareholders who continuously hold shares representing dissenting rights until the cash option rights registration date are entitled to cash option rights. The China Securities Regulatory Commission approved the absorption merger of our company by Qinghai Salt Lake Potash Co., Ltd. with approval document [2010]1860.
The company will provide cash option rights declaration services to dissenting shareholders through the Shenzhen Stock Exchange trading system. The relevant matters are announced as follows: