Yellow River Cyclone: ​​Announcement on Progress of Major Asset Restructuring

The company and all members of the board of directors guarantee that there are no false records, misleading statements or major omissions in the contents of the announcement, and bear individual and joint responsibility for the truthfulness, accuracy and completeness of the contents.

Henan Huanghe Cyclone Co., Ltd. (hereinafter referred to as “the company”) disclosed the “Henan Huanghe Cyclone Co., Ltd.” on March 27, 2015, due to the fact that Henan Huanghe Industrial Group Co., Ltd., the controlling shareholder of the Company, is planning major issues related to the Company. The company’s stock suspension notice was suspended, and the company’s stock was suspended from March 27, 2015 (see Company Pro 2015-011 for details). On April 3, 2015, the company disclosed the “Announcement on the Suspension of Major Assets Reorganization of Henan Huanghe Cyclone Co., Ltd.” (see Company Pro 2015-012 for details). The company's shares will continue to be suspended from April 3, 2015. Due to uncertainties in the relevant matters, the company disclosed on April 30, 2015, “Announcement on the Suspension of Major Asset Restructuring of Henan Huanghe Cyclone Co., Ltd.” (see Company Pro 2015-36 for details), the company's stock since May 4, 2015 The card will continue to be suspended from the date.

During the suspension period, the company carried out due diligence on the underlying assets; the company communicated with relevant intermediaries on the reorganization plan proposed by the company's controlling shareholder, and will sign a reorganization service agreement with the intermediary including the independent financial consultant as soon as possible; The intermediary agency conducts pre-assessment and pre-audit to prepare for the issuance of the report; the company will sign a transaction agreement with the reorganization party as soon as possible, and convene the board of directors to review the major asset restructuring plan.

As the relevant procedures are still in progress, there are still uncertainties in the relevant matters. In order to effectively protect the interests of investors, during the suspension period, the company will strictly follow the “Administrative Measures on Major Asset Restructuring of Listed Companies” and other relevant regulations, and combine related matters during the suspension period. Progress, timely fulfillment of information disclosure obligations, and the progress of relevant matters will be released every five trading days. Investors should pay attention to the company's follow-up announcements and pay attention to investment risks

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