WOLONG REAL ESTATE(SH:600173) Shang Hai Zheng Quan Bao·2025-06-24 19:25Core Viewpoint - The self-inspection report by Wolong New Energy Group indicates that the stock trading activities of insiders during the self-inspection period do not constitute insider trading related to the ongoing major asset restructuring transaction [2][9]. Group 1: Transaction Overview - Wolong New Energy plans to sell 90% of its stake in Wolong Mining (Shanghai) Co., Ltd. to Zhejiang Wolong Shunyu Investment Co., Ltd. [2][11]. - The self-inspection period for insider trading is defined as the six months prior to the announcement of the transaction until one day before the disclosure of the restructuring report, specifically from October 12, 2024, to May 22, 2025 [2][3]. Group 2: Insider Trading Self-Inspection - The self-inspection covered various insiders, including the company's directors, supervisors, senior management, and related parties involved in the transaction [3][4]. - Individuals such as Li Yinggang, Yao Yuan, and others confirmed that their stock trading activities were based on market trends and public information, asserting no connection to the transaction [4][5]. Group 3: Compliance and Commitments - Insiders have committed to not engaging in any stock trading related to Wolong New Energy until the transaction is completed or terminated, and they will not disclose any non-public information regarding the transaction [5][6]. - The report confirms that no insider trading violations have been identified, and all trading activities were based on independent judgment [9][8]. Group 4: Institutional Trading - CITIC Securities also conducted a self-inspection, stating that their trading of Wolong New Energy stocks was based on publicly disclosed information and independent analysis, with no insider information utilized [8][9]. Group 5: Conclusion - The board of directors concluded that the trading activities of insiders during the self-inspection period do not pose a legal obstacle to the transaction, affirming the integrity of the self-inspection process [9][10].