Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
VOLUNTARY ANNOUNCEMENT -
POTENTIAL REORGANISATION OF THE CONTROLLING SHAREHOLDER
This is a voluntary announcement made by Chengdu PUTIAN Telecommunications Cable Company Limited (the "Company").
On 24 February 2021, the Company was informed by China Potevio Company Limited* (ʕ౷˂ڦ ࢹପٰุ΅Ϟࠢʮ̡) ("China Potevio"), the controlling shareholder of the Company, that it has been planning a reorganisation with China Electronics Technology Group Corporation* (ʕཥɿ߅Ҧණྠ Ϟࠢʮ̡) (the "Reorganisation").
At present, the Reorganisation does not involve material asset reorganisation of the Company and will not affect its normal operations.
Currently, China Potevio remains as the controlling shareholder of the Company. Based on the progress of the Reorganisation, the Company will disclose information in a timely manner in accordance with relevant rules and regulations.
For relevant information, please refer to the announcements disclosed by the Company on the websites of The Stock Exchange of Hong Kong Limited (www.hkexnews.hk) and the Company (www.cdc.com. cn).
As the Reorganisation is still in the planning stage, shareholders of the Company and potential investors should exercise caution when dealing in the shares of the Company.
By the order of the Board
Chengdu PUTIAN Telecommunications Cable Company Limited
Wu Changlin
Chairman
Chengdu, the PRC, 24 February 2021
As at the date of this announcement, the Board comprises:Executive Directors:Independent non-executive Directors:Mr. Wu Changlin (Chairman)
Mr. Hu Jiangbing (Vice Chairman) Mr. Wang Micheng
Mr. Han Shu
Mr. Jiang Jianping Ms. Liu Yun
Ms. Mao Yaping Mr. Xiao Xiaozhou Mr. Feng Gang
*For identification purpose only
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Chengdu PUTIAN Telecommunications Cable Co. Ltd. published this content on 24 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 February 2021 14:52:03 UTC.