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Announcement on registration of equity pledge
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint responsibility for the truthfulness, accuracy and completeness of the contents.
On November 11, 2010, the company's controlling shareholder Henan Huanghe Industrial [0.09 -4.26%] Group Co., Ltd. (hereinafter referred to as "Yellow River Group") held 7.61 million shares of the company (accounting for 2.84% of the company's total share capital) The company provided pledge guarantee for the company's loan of 50 million yuan from the Bank of Communications [5.56 -1.42%] Co., Ltd. Henan Branch, and the pledge registration date was November 11, 2010.
On November 29, 2010, the company's controlling shareholder, Huanghe Group, held its 16.649 million shares (accounting for 6.27% of the company's total share capital) for the Yellow River Group at the Industrial and Commercial Bank of China [4.20 - 2.10%] Co., Ltd. Xuchang Branch provided a pledge guarantee for the loan of 100 million yuan, and the pledge registration date was November 29, 2010.
The relevant procedures for the registration of the above equity pledge have been completed at the China Securities Depository and Clearing Co., Ltd. Shanghai Branch.
As of the date of this announcement, Huanghe Group holds a total of 73,321,600 shares of the Company, accounting for 27.36% of the total share capital of the Company, of which 73,321,600 shares of unrestricted shares are tradable. The Yellow River Group has pledged a total of 44,021,000 shares of the company held by it, accounting for 16.43% of the company's total share capital.
Special announcement
Henan Huanghe Cyclone Co., Ltd.
November 30, 2010
Henan Huanghe Cyclone Co., Ltd.