Stock Code: 001208 Stock Abbreviation: Valin Cable Listing Venue: Shenzhen Stock Exchange
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Hunan Valin Cable Co., Ltd.
Summary of the Report on Issuance of Convertible Corporate Bonds for Asset Acquisition and Raising of Supporting Funds and Related Party Transactions (Draft) (Revised)
| Project | Counterparty/Issuance Target |
|---|---|
| Issuance of convertible corporate bonds for asset acquisition | Wu Genhong, Jiang Yuan |
| Raising of supporting funds | Hualing Jinshan (Tianjin) Industrial Investment Fund Partnership (Limited Partnership) |
Independent Financial Advisor
Shenwan Hongyuan Financing Services Co., Ltd.
July 2026
Statement
I. Statement of the Listed Company
The purpose of this summary of the asset restructuring report is to provide the public with a brief overview of this restructuring and does not include all parts of the full asset restructuring report. The full text of the asset restructuring report is simultaneously published on the Cninfo website (http://www.cninfo.com.cn).
The company and all directors and senior management guarantee the truthfulness, accuracy, and completeness of the contents of the asset restructuring report and its summary, and bear corresponding legal liability for any false records, misleading statements, or major omissions in the report and its summary.
The company's controlling shareholder, all directors, and senior management promise: If the information disclosed or provided for this transaction is suspected of containing false records, misleading statements, or major omissions, and is filed for investigation by judicial authorities or the China Securities Regulatory Commission (CSRC), they will not transfer the shares they hold in the listed company before the investigation conclusion is formed. They will submit a written application for suspension of transfer and their stock account to the listed company's board of directors within 2 trading days of receiving the notice of investigation, and the board of directors will apply for locking on their behalf to the Shenzhen Stock Exchange and the securities registration and clearing institution. If the application for locking is not submitted within 2 trading days, they authorize the board of directors to verify and directly report their identity and account information to the Shenzhen Stock Exchange and the securities registration and clearing institution to apply for locking. If the board of directors fails to report, they authorize the stock exchange and the securities registration and clearing institution to directly lock the relevant shares. If the investigation conclusion finds illegal or non-compliant circumstances, they promise that the locked shares will be voluntarily used for relevant investor compensation arrangements.
The effectiveness and completion of the matters related to this restructuring described in the report and its summary are subject to the review of the Shenzhen Stock Exchange, the registration of the China Securities Regulatory Commission, and the approval of other relevant approval authorities. Any decision or opinion made by the approval authorities regarding matters related to this transaction does not indicate any substantive judgment or guarantee regarding the value of the company's stock or the returns to investors. All shareholders and other public investors are requested to carefully read all information disclosure documents related to this transaction and make prudent investment decisions. The company will disclose relevant information in a timely manner according to the progress of this transaction, and reminds shareholders and other investors to pay attention.
After the completion of this transaction, the company is responsible for its own business and earnings changes; investment risks caused by this transaction are borne by the investors themselves. When evaluating this transaction, investors should carefully consider the various risk factors disclosed in the report and its summary, in addition to the contents of the report and its summary and related documents disclosed at the same time. If investors have any questions about the report and its summary, they should consult their own stock broker, lawyer, accountant, or other professional advisor.