Zhejiang Longsheng (600352): Abnormal Fluctuations In Stock Trading

Stock Code: 600352 stock short: Zhejiang Longsheng announcement number: 2019-023

Zhejiang Longsheng group 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:

? the company's share price has risen to 20% within three consecutive trading days, which is an abnormal fluctuation in stock trading.

When verified by the company and verified to the controlling shareholders and the actual controllers, there are no major issues that should be disclosed and not disclosed.

I. specific circumstances of abnormal fluctuations in stock pactions

As of March 25, 2019, the closing price of the three consecutive trading days of the company's stock increased by more than 20%. According to the relevant provisions of the Shanghai Stock Exchange Listing Rules, it was abnormal fluctuations in stock pactions.

Two, the company concerned and verified the relevant situation.

(1) after the company's self-examination, the company's current production and operation situation is all normal, and the internal and external business environment has not changed significantly. There is no need to correct and supplement the information disclosed by the company in the early stage, and there is no major information that should be disclosed and not disclosed.

(two) through the company's self-examination and confirmation to the controlling shareholder and the actual controller, the company, the controlling shareholder and the actual controller do not have any major issues that should be disclosed but not disclosed, including, but not limited to, mergers and acquisitions, stock issuance, debt restructuring, business restructuring, asset stripping and asset injection.

(three) the twenty-second session of the seventh board of directors of the company considered and passed the motion on the plan of repurchasing shares of the company by means of centralized bidding. The specific contents are detailed in the "Shanghai Securities Daily", "Securities Times", "Securities Daily" and the Shanghai seventh stock exchange's twenty-second meeting resolution announcement November 30, 2018 (Bulletin number: 2018-063).

As of March 25, 2019, the company has repurchased the company's shares through centralized auction, accumulating 70000070 shares, accounting for 2.15% of the total share capital of the company, and the highest price of the paction was 10.95 yuan / share. The lowest price was 9.18 yuan / share, with a turnover of 680933280.54 yuan, which is still under the repurchase period.

(four) after verification by the company, the controlling shareholder, the actual controller and the directors, supervisors and senior managers of the company did not buy or sell shares during the abnormal fluctuation of the company's stock.

(five) up to now, the production of benzene two amine has been normal, and the operating environment has not changed significantly. Its sales revenue accounts for a small proportion of the total business revenue of the company. There is uncertainty in the fluctuation of future product prices. Investors are advised to pay attention to investment risks.

Three. Board statement

The board of directors of the company confirmed that (except for the disclosure mentioned in the second part), the company did not have any matters that should be disclosed and not disclosed in accordance with the relevant provisions of the stock listing rules or the planning and intention related to those matters. The board also did not know the information that should be disclosed and not disclosed to the stock price and the trading price of the derived varieties according to the relevant provisions of the stock listing rules.

Four, related risk tips

The information disclosure newspapers designated by the company are Shanghai Securities Daily, securities times and Securities Daily. The information disclosure website is designated as the Shanghai stock exchange website (www.sse.com.cn). All information disclosed by the company is based on the official announcement published in the above designated newspapers and websites. Investors are invited to invest rationally and pay attention to investment risks.

Notice hereby.

Zhejiang Longsheng group Limited by Share Ltd

Board two O 19 March 26th