Jiahua Energy (600273): Abnormal Fluctuations In Stock Trading

Zhejiang Jiahua energy chemical Limited by Share Ltd

Notice of abnormal fluctuation in stock trading

The board of directors and all directors of the company guarantee that there is no false record, misleading statement or major omission in the contents of this announcement, and shall bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.

Important note:

Zhejiang Jiaxing energy chemical Limited by Share Ltd (hereinafter referred to as "company" or "Jiahua energy") stock prices on March 13, 2019, 14 and 15 days, three consecutive trading days closing price rise deviation value accumulated over 20%.

According to the relevant provisions of the Shanghai stock exchange rules, it belongs to abnormal fluctuations in stock pactions.

The company's board of directors inquired and sent a letter to the controlling shareholder and the actual controller. As of the announcement date, there was no significant information that should be disclosed and not disclosed.

I. specific circumstances of abnormal fluctuations in stock pactions

On March 13, 2019, 14 and 15, the stock price of the company continued to exceed 20% within the three consecutive trading days.

According to the relevant provisions of the Shanghai stock exchange rules, it belongs to abnormal fluctuations in stock pactions.

Two, the company concerned and verified the relevant situation.

1. The company's current production and operation activities are all normal after inspection by the board of directors of the company. There are no major information that should be disclosed but not disclosed, including, but not limited to, major asset restructuring, issuance of shares, and acceptance of listed companies.

Major issues such as purchase, debt restructuring, business restructuring, asset divestiture and asset injection.

In 2 and December 22, 2018, the company designated the media on the Shanghai stock exchange website (www.sse.com.cn) to disclose the plan for repurchase shares in a centralized bidding paction (announcement number: 2018-129), which has been examined and approved by the company's first provisional shareholders' meeting in 2019.

Up to now, the company has repurchased 29540436 shares, accounting for 2.06% of the total share capital of the company, as detailed in the company's disclosure of the 2% share repurchase announcement in the designated media in March 5, 2019.

2019-017).

3, as verified by the controlling shareholder and the actual controller of the company, as at present, apart from the company's controlling shareholder, Zhejiang Jiahua group Limited by Share Ltd, the company intends to take part of its non-public offering exchangeable corporate bonds as part of its direct holdings of the company's shares (see the announcement of the company on December 2018, 29 on the controlling shareholders' proposed exchange of non public development bank bonds (Bulletin number 2018-133)). The controlling shareholders and the actual controllers of the company do not exist other major matters that affect the abnormal fluctuations in the stock trading of the company. There are no major information that should be disclosed but not disclosed, including, but not limited to, major assets reorganization, issuance of shares, acquisition of listed companies, debt restructuring, business restructuring, asset divestiture and asset injection.

4, the company did not find media reports or market rumors that could have a significant impact on the price of the company's stock paction, and found no other major events that could have a greater impact on the price of the company's stock.

5. After verification by the company, the directors, supervisors, senior managers, controlling shareholders, actual controllers and their concerted persons do not exist in the company's stock trading abnormal fluctuations.

Three. Board statement and related party commitment

The company's board of directors confirmed that up to now, the company has not disclosed any matters that should not be disclosed in accordance with the relevant provisions of the Stock Exchange Listing Rules of the Shanghai stock exchange or related matters such as planning, negotiation, intention, agreement, etc., and the board of directors has not been informed that the company shall disclose the information that has not been disclosed in accordance with the relevant provisions of the stock listing rules and has a greater impact on the trading price of the company's stock and its derivatives.

Four, risk warning companies solemnly remind investors that the Shanghai Securities Daily, China Securities Journal, and securities times specify the information disclosure for the company, and the Shanghai stock exchange website (www.sse.com.cn) specifies the information disclosure website for the company.

All information of the company is based on the information contained in the above designated media.

We invite investors to pay attention to investment risk.

Notice hereby.

Zhejiang Jiaxing energy chemical Limited by Share Ltd board

Two March 16th 19