Shandong Rik Chemical Co., Ltd. Board of Directors
Statement on Compliance with Article 18 and Article 21 of the "GEM Listed Company Continuous Supervision Measures (Trial)" and Article 8 of the "Shenzhen Stock Exchange Listed Company Major Asset Restructuring Review Rules"
Shandong Rik Chemical Co., Ltd. (hereinafter referred to as the "Company") proposes to acquire 70.75% of the shares of Shandong Yuan New Materials Co., Ltd. (hereinafter referred to as the "Target Company") by issuing shares and paying cash, and to raise supporting funds (hereinafter referred to as the "Transaction").
After careful analysis, the Company's board of directors believes that the Transaction complies with the provisions of Article 18 and Article 21 of the "GEM Listed Company Continuous Supervision Measures (Trial)" (hereinafter referred to as the "Continuous Supervision Measures") and Article 8 of the "Shenzhen Stock Exchange Listed Company Major Asset Restructuring Review Rules" (hereinafter referred to as the "Restructuring Review Rules"), the details are as follows:
I. The Transaction Complies with Article 18 of the "Continuous Supervision Measures" and Article 8 of the "Restructuring Review Rules"