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Hebei Yichen Industrial Group Corporation Limited*
(A joint stock limited liability company incorporated in the People's Republic of China)
(Stock Code: 1596)
ACCEPTANCE OF REGISTRATION APPLICATION FOR PRE-LISTING
TUTORING REGARDING THE PROPOSED A SHARE OFFERING
Reference is made to the announcement of Hebei Yichen Industrial Group Corporation Limited (the "Company") dated 28 August 2020 (the "Announcement") in relation to, among others, the commencement of the relevant preparatory work in respect of the Proposed A Share Offering. Capitalised terms used herein shall have the same meanings as those defined in the Announcement unless otherwise specified.
The Board is pleased to announce that in connection with the Proposed A share Offering, the Company had submitted the registration application for pre-listing tutoring, which was accepted by the Hebei Supervisory Commission (河北監管局) of the China Securities Regulatory Commission (中國證券監督管理委員會) (the "CSRC") on 8 September 2020.
As at the date of this announcement, the Company has not formulated the offering plan or determined the structure of the Proposed A Share Offering, and has not applied to any of the relevant regulatory authorities in the PRC or anywhere else for approval of the Proposed A Share Offering. The Company shall convene the requisite general meeting(s) and/or class meeting(s) for the Shareholders to consider and, if thought fit, approve the Proposed A Share Offering pursuant to requirements under the Articles of Association of the Company after the final offering proposal has been finalised and approved by the Board. The Company will also comply with other applicable requirements under the relevant laws and regulations, including but not limited to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, and make further announcement(s) on the major updates and developments as and when appropriate and/or required in connection with the Proposed A Share Offering.