Taiyuan Environmental Protection Adjustment Plan, to withdraw the IPO application materials of the Beijing Stock Exchange

On July 20, 2022, Taiyuan Environmental Protection (836479.NQ) issued an announcement on the application of shares that plans to terminate to unspecified investors and listed on the Beijing Stock Exchange and withdraw application materials.

The announcement shows that Taiyuan Environmental Protection held the second meeting of the third board of directors on November 16, 2021, and held the seventh interim shareholders meeting of 2021 on December 6, 2021. Matters and other matters listed on the Beijing Stock Exchange are authorized to handle the board of directors. On December 30, 2021, the declaration materials that submitted public offering to unspecified investors to unspecified investors and listed on the Beijing Stock Exchange were accepted on December 31, 2021.

According to Taiyuan Environmental Protection, based on the company's current actual situation and future strategic development considerations, the company decided to adjust the listing plan and choose to choose the new capital market listing plan in a timely manner. After careful research and prudent decision by the company, it intends to terminate the application of shares to unspecified investors to unspecular qualified investors and listed on the Beijing Stock Exchange and withdraw relevant application materials.

It is understood that Taiyuan Environmental Protection received an inquiry letter in January 2022. In the inquiry letter, the operating model and sustainability of the company's sewage treatment and investment operations of the company are more concerned about Essence

Taiyuan Environmental Protection is a professional service provider engaged in water environmental governance. The main business is intelligent modular integrated sewage treatment system business, sewage treatment investment and operation business, water treatment product sales business and water environmental treatment engineering business. Including industrial sewage) EPC, EPC+O, BOO, engineering total contract and subcontracting business.

From January 1, 2022-March 31, 2022, the company realized operating income of 14.2447 million yuan, a year-on-year decrease of 69.32%, and net profit was 7.4846 million yuan, an increase of 267.67%year-on-year, and the basic earnings per share were 0.1478 yuan.

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