Jin Yu Che Cheng (000803): Abnormal Fluctuations In Stock Trading

Sichuan Jinyu Automobile City (Group) Limited by Share Ltd

Notice of abnormal fluctuation in stock trading

All members of the company and the board of directors guarantee that the contents of the information disclosure are true, accurate and complete, without false records, misleading statements or major omissions.

I. Introduction of abnormal fluctuations in stock transactions

Sichuan Jinyu Automobile City (Group) Limited by Share Ltd (Securities short: Jinyu car city, stock code:

000803, hereinafter referred to as "company" or "our company", in March 16, 2020, March 17, 2020 and March 18, 2020, the closing price of the three consecutive trading days has a cumulative deviation value of over 20%. According to the relevant provisions of the Shenzhen stock exchange rules, it belongs to the stock exchange abnormal fluctuation.

Two, the company concerned and verified the relevant situation.

In view of the abnormal fluctuation of stock trading, the company has verified the requirements according to the relevant regulations.

1, there has been no significant change in the company's operating conditions and the internal and external business environment. However, the outbreak of new coronavirus pneumonia has caused some adverse effects on the company. The company will make efforts to cope with the epidemic prevention and control, and carry out business activities safely.

2, the relevant motion of the company's major asset reorganization and matching fund-raising matters was submitted to the China Securities Regulatory Commission after the adoption of the 2 Nikkei Inc 2020 third provisional shareholders meeting in March 2020. The company has received the "administrative license application form" in March 12, 2020. Announcement of license application form.

No information should be corrected, supplemented, corrected and supplemented by the company's earlier disclosure.

3, the company has not found any public information that has recently been reported by the public media that may or has had a greater impact on the price of the company's stock.

4, upon enquiry, as of the date of this announcement, there are no major issues concerning the company's disclosure and not disclosed by the controlling shareholders of the company and the company, nor are there any major issues in the planning stage; during the abnormal fluctuations of stock transactions, the controlling shareholders of the company do not have the situation of buying and selling company stocks.

Three, there should be no disclosure and no disclosure of information.

The board of directors of the company has confirmed that there are no matters that should be disclosed and not disclosed in accordance with the relevant provisions of the Shenzhen Stock Exchange's listing rules, or the planning, negotiation, intention and agreement related to the matter.

Securities code: 000803 securities short: Jinyu car city announcement number: 2020-41, the board of directors has not received the information disclosed by the company according to the relevant provisions of the Shenzhen Stock Exchange's listing rules, which has not been disclosed, and has a greater impact on the trading price of the company's stock and its derivatives. There is no need to correct and supplement the information disclosed by the company's previous disclosure.

Four, risk warning

1, after self inspection, the company does not exist in violation of information fair disclosure.

2, the company's issue of shares and payment of cash to purchase assets and raise matching funds and related transaction matters still need the approval of the China Securities Regulatory Commission.

3, the company disclosed the 2019 annual performance notice in January 21, 2020. It is estimated that the net profit attributable to shareholders of listed companies is -16500 million yuan - -11000 million, and the owner's equity attributable to the parent company is -7860.43 10000 yuan - -2360.43 million yuan. According to the rules of the Shenzhen Stock Exchange listing,

13.2.1 stipulates that the net assets at the end of the last accounting year of a listed company are negative, or the net assets at the end of the latest accounting year are negative due to the retrospective restatement. The Shenzhen stock exchange has the right to warn the stock market of delisting risks. The company expects net assets at the end of 2019 to be negative, and has not yet been audited by CPA. The company may be warned of delisting risks after the annual report is disclosed.

4, the board of directors of the board of directors solemnly reminds the investors that the information disclosed by the company is "China Securities Journal", "Shanghai Securities News" and "www.cninfo.com.cn". The information of the company concerned is based on the information published in the above designated media. Investors are invited to pay attention to the subsequent announcement, rational investment and risk.

Notice hereby.

Sichuan Jinyu Automobile City (Group) Limited by Share Ltd

Board of directors two March 18th two