Jiahua Energy (600273): The Progress Of Wholly Owned Subsidiary In Reducing Registered Capital

The board of directors and all directors of the company guarantee that there is no false record, misleading statement or major omission in the contents of this announcement, and shall bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.

According to the business structure adjustment of Zhejiang Jiahua energy chemical Limited by Share Ltd (hereinafter referred to as "company" or "Jiahua energy"), according to the actual operation situation, in order to improve the efficiency of funds, the board of directors of the company decided to reduce the registered capital of the wholly owned subsidiary of Zhejiang Xinggang new energy limited company (hereinafter referred to as "Xinggang new energy") from RMB 200 million yuan to 100 million yuan. The shareholding structure of Xinghai new energy has not changed before and after the capital reduction. It is still a wholly owned subsidiary of the company. The company's board of directors authorized Mr. Wang Jianping, the legal representative of Xinggang new energy and general manager, to handle the business change procedures and sign relevant legal documents.

Refer to the notice of the company on the reduction of registered capital of wholly owned subsidiaries in the designated media in December 6, 2018 (Bulletin number: 2018-122).

The wholly owned subsidiary Xinggang new energy has completed the registration procedures for the above registered capital changes, and recently received the business license issued by the Jiaxing Municipal Administration of market supervision.

The relevant industrial and commercial registration information is as follows:

Unified social credit Code: 91330400796462429U

Name: Zhejiang Xinggang new energy Co., Ltd.

Type: limited liability company (wholly owned by non natural person investment or holding company)

Residence: No. 999, West Zhongshan Road, Zhapu, Jiaxing (Room 301, 3rd floor, office building, Limited by Share Ltd, Jiaxi energy chemical Limited by Share Ltd)

Legal representative: Wang Jianping

Registered capital: 100 million yuan RMB.

Date of establishment: February 23, 2007

Business term: February 23, 2007 to February 22, 2057

Business scope: distributed solar power generation, solar energy photovoltaic power station design, construction, operation and maintenance, contract energy management, power technology consulting, service, solar power generation equipment installation, photovoltaic materials research and development, sales, wholesale coal business, economic information consultation, mechanical equipment, automation control instrumentation, electronic components, wire and cable, metal materials, hardware and electrical appliances, labor protection supplies, fire fighting supplies, packaging materials, steel, electrical and mechanical equipment, building materials, daily chemical supplies, industrial desalted water and other industrial water, fly ash, cinder, desulfurized gypsum sales.

(legally approved projects can be launched after approval by the relevant departments).

Notice hereby.

Zhejiang Jiahua energy chemical Limited by Share Ltd

Board of directors

Two January 29th 19