Suzhou Chunxing Precision Mechanical Co., Ltd. (hereinafter referred to as "the Company" or "Chunxing Precision") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or major omissions.
Special Risk Warning:
- As of the date of this announcement, Mr. Sun Jiexiao, the controlling shareholder of the Company, holds 288,024,992 shares, accounting for 25.53% of the total share capital. These shares are fully pledged (100% of his holdings) and judicially frozen (including re-freezing), also totaling 288,024,992 shares, which is 25.53% of the total share capital. He has been subject to two rounds of judicial freezing: 288,024,992 shares frozen by the Beijing Second Intermediate People's Court (100% of his holdings, 25.53% of the total share capital) and 288,024,992 shares frozen by the Shanghai Second Intermediate People's Court (100% of his holdings, 25.53% of the total share capital).
- Mr. Sun Jiexiao and his concerted actors hold a total of 319,024,995 shares, accounting for 28.28% of the total share capital; among these, 319,024,992 shares are pledged (100% of his holdings, 28.28% of the total share capital).
- Currently, all of Mr. Sun Jiexiao's 288,024,992 shares are under pledge/judicial freeze/temporary freeze. If the judicial freeze and temporary freeze matters are not resolved properly, it may lead to risks such as forced transfer and judicial auction, potentially affecting the stability of the company's control. The Company will continue to monitor the progress of these matters and fulfill its information disclosure obligations in a timely manner, urging investors to pay attention to investment risks.
Recently, the Company learned through the China Securities Depository and Clearing Corporation Limited system that the shares held by the controlling shareholder Mr. Sun Jiexiao have been temporarily frozen. The specific situation is as follows: