


Core Viewpoint - AnYuan Coal Industry Group Co., Ltd. is undergoing a significant asset restructuring, involving the exchange of coal-related assets and liabilities with Jiangxi Jiangtong Holdings Development Co., Ltd. for shares in Ganzhou Jinhui Magnetic Selection Technology Equipment Co., Ltd. [2] Group 1: Asset Restructuring Details - The proposed restructuring involves the exchange of assets valued equivalently, with cash adjustments for any price differences [2] - The independent financial advisor, CITIC Securities, conducted a thorough review of the company's performance anomalies prior to the restructuring [2] Group 2: Commitments and Compliance - AnYuan Coal has made several commitments regarding its operational independence, including maintaining separate financial and operational structures from its controlling shareholder [4][12] - The company guarantees that it will not engage in any new competitive business that could conflict with its operations during the control period [3][4] Group 3: Financial Performance and Audit Findings - The company reported significant losses over the past three years, with net profits of -27.34 million, -11.51 million, and -7.08 million respectively [40] - Independent audits have confirmed that there are no instances of false transactions or profit manipulation within the company's financial reports [39][41] Group 4: Regulatory Compliance - The company has not faced any administrative or criminal penalties in the last three years, nor has it been subject to any regulatory measures by the stock exchange or the China Securities Regulatory Commission [38] - There have been no violations regarding the use of funds or external guarantees by the company or its controlling shareholders [37][36]