300372SZSE

Announcement on the Termination of the Shareholders' Concerted Action Relationship

Xintai Retreat Co., Ltd.·July 20, 2017·4 pages

✨ AI Summary

This announcement details the termination of the concerted action relationship between Guangzhou Chuangshixiang Investment Co., Ltd. and several trust companies. The termination follows the early conclusion of multiple trust plans, resulting in the loss of investment recommendation authority for Guangzhou Chuangshixiang. The company confirms that this change will not affect its controlling shareholder or actual controller.

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Full Translation

AI Translation· azure_openai

Dandong Xintai Electric Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without any false records, misleading statements, or significant omissions.

The Company received a letter from its shareholder, Guangzhou Chuangshixiang Investment Co., Ltd., regarding the termination of the concerted action relationship, with the main content as follows:

I. Composition of the Concerted Action Relationship

From March 1, 2016, to March 18, 2016, Guangzhou Chuangshixiang Investment Co., Ltd. held a total of 8,591,050 shares of Xintai Electric through trust plans and fund products, accounting for 5.008% of the total share capital of Dandong Xintai Electric Co., Ltd.
From March 30, 2016, to April 20, 2016, Guangzhou Chuangshixiang Investment Co., Ltd. increased its holdings by 8,564,728 shares of Xintai Electric through trust plans and fund products, accounting for 5%.

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