Shandong Rike Chemical Co., Ltd. Board of Directors
Statement on Compliance with Relevant Regulations for the Transaction under the "Measures for the Administration of Issuance and Registration of Securities by Listed Companies"
Shandong Rike Chemical Co., Ltd. (hereinafter referred to as the "Company") proposes to acquire 70.75% of the equity of Shandong Geyuan New Material Co., Ltd. through the issuance of shares and payment of cash, and to raise supporting funds (hereinafter referred to as the "Transaction").
After careful consideration, the Company's Board of Directors believes that the Transaction complies with the relevant provisions of the "Measures for the Administration of Issuance and Registration of Securities by Listed Companies" (hereinafter referred to as the "Issuance Registration Measures"), with specific explanations as follows:
I. The Company does not fall under the circumstances stipulated in Article 11 of the "Issuance Registration Measures"
After careful consideration, the Company does not fall under the circumstances stipulated in Article 11 of the "Issuance Registration Measures" that prohibit issuance to specific objects: