Important Content Reminder
According to the inquiry results issued by China Securities Depository and Clearing Corporation Limited, after the company's self-inspection and verification by relevant intermediaries, the trading activities of related parties during the review period do not constitute insider trading and will not pose substantial legal obstacles to this restructuring. Tibet Development Co., Ltd. (hereinafter referred to as "Tibet Development" or "the Company") intends to acquire a 50% stake in Tibet Lhasa Beer Co., Ltd. (hereinafter referred to as "the Target Company") from Carlsberg International A/S for cash (hereinafter referred to as "this transaction" or "this major asset restructuring").
In accordance with the relevant laws, regulations, and normative documents such as the Securities Law of the People's Republic of China, the Administrative Measures for Major Asset Restructuring of Listed Companies, and the Guidelines for the Application of Regulatory Rules - Listed Companies No. 1, the Company has verified the stock trading situation of insiders related to this transaction. The specifics are as follows:
I. Review Period for Insiders
The review period for insiders related to this transaction is from six months prior to the first announcement of Tibet Development's major asset restructuring until one day before the disclosure of the "Draft Major Asset Purchase Report of Tibet Development Co., Ltd.", specifically from January 22, 2025, to January 29, 2026.
II. Scope of Verification for Insiders
The Company and all members of the Board of Directors guarantee the authenticity, accuracy, and completeness of the information disclosure, with no false records, misleading statements, or significant omissions.
According to the provisions of the Administrative Measures for Major Asset Restructuring of Listed Companies and the Guidelines for the Application of Regulatory Rules - Listed Companies No. 1, the scope of verification for insiders related to this transaction includes:
- The listed company and its directors and senior management;
- The controlling shareholders, actual controllers, and their directors, supervisors, and senior management;
- The counterparty and its controlling shareholders, actual controllers, directors, supervisors, and senior management;
- The Target Company and its directors, supervisors, and senior management;
- Relevant professional institutions providing services for this transaction and their personnel;
- Other legal entities and individuals who are aware of the insider information of this transaction;
- Immediate family members of the above-mentioned relevant personnel, including parents, spouses, and adult children over 18 years old.
III. Stock Trading Situation of Related Parties During the Review Period
According to the "Shareholding and Share Change Inquiry Certificate" and "Shareholder Share Change Detail List" issued by China Securities Depository and Clearing Corporation Limited, as well as the self-inspection reports signed by insiders of this transaction, the stock trading situation of insiders during the self-inspection period (January 22, 2025, to January 29, 2026) is as follows:
(1) Trading Situation of Individuals
During the self-inspection period, the stock trading situation of relevant individuals within the review scope is as follows: