Said Cooperation With HUAWEI, Changshan North Ming Qian Qian Limit, Back Foot Attention Letter

On the evening of 22, the Shenzhen stock exchange sent a letter of concern to Changshan North Ming, demanding detailed description of its specific cooperation with HUAWEI. A few days ago, two good news came from Changshan's North Ming. The company's North Ming Software Co operated with HUAWEI's hung Meng system and received the support of the Shijiazhuang Municipal Finance Bureau's 200 million yuan relocation fund. As of 22 days closing, Changshan North Ming limit, reported 6.17 yuan.

The letter of concern pointed out that in October 21st, Changshan North Ming responded to investors on interactive basis. The company's North Ming Software Co operated with HUAWEI's hung Meng system. In October 22nd, Changshan North Ming disclosed the "Notice of receiving support for relocation" that it received the 200 million yuan relocation support fund allocated by the Shijiazhuang Municipal Finance Bureau, and the corresponding policy basis was separately transferred from the original Changshan North Ming cotton three and the cotton four factory area. The transaction price amounted to 6 billion 441 million yuan. According to the summary of the executive meeting of the Shijiazhuang Municipal People's government, the Shijiazhuang Municipal People's government gave the enterprise policy capital support to 90% of the net income of the land, which was used for the relocation project construction and to make up for the losses in the relocation process.

The Shenzhen Stock Exchange requested Changshan North ming to elaborate on the specific circumstances of cooperation with HUAWEI, including, but not limited to, the background and purpose of cooperation, the mode of cooperation, the content of cooperation, the size and amount of cooperation, the rights and obligations of the two sides, and the cooperation between Changshan's North Ming and HUAWEI hung Meng system in the past two accounting years and the expected future years, and the income and profit contribution to Changshan's North Ming, the proportion of income and the trend of change. If there is a joint research and development issue, please further explain the ownership of the research and development results; if relevant matters, such as touching the obligation of information disclosure, please fulfill the obligation of information disclosure in a timely manner.

The Shenzhen Stock Exchange pointed out that Changshan North Ming received the relocation support funds 404 million yuan, 602 million yuan and 279 million yuan respectively in 2016 -2018. Please explain in detail the progress of the relocation support fund payment, the reasons for not paying one time, the remaining amount that has not yet been paid, and confirm the specific subsidies for the current period and the compliance of accounting treatment, and provide conclusive evidence.

The Shenzhen Stock Exchange also pointed out that the price of Changshan North Ming shares rose sharply in recent two days, and the trading limit was in October 22nd. The Shenzhen stock exchange requests to verify whether there are other major information that should be disclosed and not disclosed, whether there are significant changes in the fundamentals of the company, whether there are directors, supervisors, senior management personnel and relevant insider information.

The Shenzhen Stock Exchange said that Changshan North Ming would submit relevant materials to the Shenzhen securities and Exchange Company management department before October 31st. At the same time, remind Changshan North Ming company and all directors strictly abide by the securities law, the company law and other regulations and the "Listing Rules" provisions, timely, real, accurate and complete performance of information disclosure obligations.