Zhitong Financial APP learned that on December 2, the Shenzhen Stock Exchange sent a letter of concern to Shandong Ruyi Wool Textile and Garment Group Co., Ltd. (Ruyi Group, 002193.SZ). According to the letter of concern, on December 2, 2021, Ruyi Group disclosed that the company and its wholly-owned subsidiary Jining Ruyi New material Technology Co., Ltd. intend to hold part of Leica New Materials (Foshan) Co., Ltd. (hereinafter referred to as "Foshan Leica") with its affiliated Fang Jining Ruyi Wanzhong Venture Capital Management Partnership (limited partnership) (hereinafter referred to as "Wanzhong Entrepreneurship") for asset exchange, in order to improve the company's asset structure. Promote the company to enter the high-end fiber new material industry. Because Wanzhong Entrepreneurship is an enterprise controlled by the actual controller and concerted actor of Ruyi Group, this transaction constitutes a related party transaction, but does not constitute a major asset restructuring. Since Laika in Foshan has been established for less than half a year, the Shenzhen Stock Exchange requires Ruyi Group to combine the historical operation of various assets invested by its shareholders to explain the reasons for the company to start the acquisition at this stage, and whether Foshan Leica has sustainable profitability. Foshan Leica can achieve a net profit of about 300 million yuan a year after the completion of the capital increase, and its future business stability and various risks are analyzed, judged and based.
Shenzhen Stock Exchange proposed: please Ruyi Group to make a written explanation on the above issues, and submit the relevant explanatory materials to our department before December 7, 2021, and send a copy to the dispatched office at the same time.