Jiangnan Chemical intends to acquire non-metal mining assets

Jiangnan Chemical disclosed on the evening of September 22 that the company planned to purchase assets, and the type of the target industry to be purchased was non-metal mining. The company would use cash to purchase related assets. Trading of the stock has been suspended since the market opened on September 25 (Monday). The company said that the transaction is expected to meet the standards required by the Shenzhen Stock Exchange's Stock Listing Rules to be submitted to the shareholders' meeting for review. Financial advisors and other intermediaries for this transaction have not yet been determined. In view of the uncertainties in this matter, in order to ensure fair information disclosure, safeguard the interests of investors and avoid abnormal fluctuations in the company's stock price, the company applies for suspension of trading in the company's shares. The company is expected to determine the above matters and apply for resumption of trading within no more than ten trading days.