Announcement of resumption of trading
The board of directors and all directors of the Company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and they shall bear individual and joint responsibilities for the truthfulness, accuracy and completeness of its contents.
Shanghai Hongze Century Investment Development Co., Ltd. (hereinafter referred to as "Shanghai Hongze"), the largest shareholder of the company, and Mr. Guo Wenjun reached the second supplementary agreement on the equity transfer agreement between Alashan Zuoqizhula Gold Development Co., Ltd. and Inner Mongolia Desert Mining Co., Ltd. on 201kloc-0/65438+/0/October 27th.
According to this agreement, Shanghai Hongze shall pay the first equity transfer price of RMB 300 million to Mr. Guo Wenjun within five working days from the date of signing Supplementary Agreement II (that is, before February 2, 201+65438), and Supplementary Agreement II will take effect. Up to now, Shanghai Hongze has not paid Guo Wenjun the first equity transfer payment of 300 million yuan, resulting in the second supplementary agreement not coming into effect.
On February 5th, 65438, the company received the Letter on Termination of Supplementary Agreement II from Mr. Guo Wenjun to Hongze, Shanghai. The main contents of this letter are as follows:
"1. Since Supplementary Agreement II (hereinafter referred to as" Supplementary Agreement II ",the same below) did not come into effect due to your reasons, our company decided to terminate the performance of Supplementary Agreement II from now on;
2. Require your company to continue to perform all obligations agreed in the Equity Transfer Agreement and the Supplementary Agreement (1);
3. Ask your company to pay us 2.65 billion yuan of equity transfer money and overdue payment interest (calculated according to the bank loan interest rate for the same period) within five working days from the date of receiving this letter;
4. If you fail to pay off the 2.65 billion yuan equity transfer payment and interest within the time limit specified by our company, our company will take necessary measures (including but not limited to filing a civil lawsuit, etc.) to require Shanghai Hongze Century Investment Development Co., Ltd. to continue to perform all the obligations stipulated in the Equity Transfer Agreement and the Supplementary Agreement (1);
We continue to reserve the right to hold your company liable for breach of contract. "
According to relevant regulations, the company's shares will resume trading on February 6, 20 1 1. At the same time, Shanghai Hongze Century Investment Development Co., Ltd. promises not to discuss or stop discussing the aforementioned major asset restructuring matters within three months.
It is hereby announced.
Ningxia Dayuan Chemical Co., Ltd.
20 1 1 year1February 6th