Ningde Times clarifies announcement: Rumors such as futures investment losses and shareholder reduction and cashing are untrue

On the evening of June 9, Ningde TimesNew EnergyTechnology Co., Ltd. issued a clarification announcement in response to "the semi-annual report of Ningde Times may confirm the loss of futures investment of more than one billion yuan in the first quarter" and "Huang Shilin, the No. 2 figure of Ningde Times, has been crazy recently. Market rumors such as “reducing and cashing out” have been clarified.

In response to the rumors of the company's futures investment losses, Ningde Times responded: "Based on ensuring the stable supply of the company's raw materials and the need to reduce costs, the company has made a partial layout of the nickel resource industry chain. In order to prevent the risk of sharp fluctuations in raw material prices, the company combines its own operations. According to the situation and business needs, according to regulatory requirements and relevant regulations of the company's system, the corresponding commodity (nickel) hedging is carried out to avoid the risk of large fluctuations in the commodity market, not for the purpose of speculation. The company's hedging business is based on spot Based on this, the floating profit and loss on the futures side is hedged by the corresponding spot, which has little impact on the company's performance, and the above rumors are not true."

Ningde Times stated in May this year that in order to prevent the risk of sharp fluctuations in raw material prices, the company carried out hedging business for nickel and other related products based on its own operating conditions and business needs.In addition, according to the 2022 hedging business announcement of CATL, the company plans to carry out the commodity hedging business with a maximum occupancy of no more than RMB 11 billion in margin.

In response to the rumor that the No. 2 person was madly reducing his holdings and cashing out, Ningde Times confirmed that Huang Shilin, a shareholder holding more than 5% of the company's shares, said the rumor was not true.Due to the needs of family asset planning, Huang Shilin signed the "According Person Agreement" with 6 private securities investment fund products in which he holds 100% of the shares in January 2022, stipulating that Huang Shilin will transfer no more than 2 million shares (including this number) in a block transaction. The company shares are given to the aforementioned 6 private securities investment fund products.The only investor after the penetration of the above-mentioned private securities investment fund products is Huang Shilin himself, and the above-mentioned six private securities investment fund products and Huang Shilin are acting in concert.At present, the implementation of these share transfer plans has been completed.

The announcement shows that the above-mentioned transfer did not lead to changes in the proportion and number of shares of the company that Mr. Huang Shilin actually controlled (through direct or indirect shareholding), and there was no disguised reduction of holdings in market rumors.At the same time, because the above-mentioned 6 private securities investment fund products form a concerted action relationship with Mr. Huang Shilin, according to the relevant regulations of the Shenzhen Stock Exchange, the shareholdings of major shareholders and their concerted actors should be calculated on a consolidated basis. Therefore, the subsequent reduction of the above-mentioned 6 private securities investment fund products will be reduced. It is also necessary to strictly abide by the relevant regulations on the reduction of major shareholders.For the follow-up changes in shares of Mr. Huang Shilin and persons acting in concert, the company will also fulfill its information disclosure obligations in a timely manner in accordance with relevant regulations and regulatory requirements.

According to the first quarterly report of 2022 disclosed by CATL in April this year, the company achieved operating income of 48.678 billion yuan during the reporting period, a year-on-year increase of 153.97%; net profit of 1.493 billion yuan, a year-on-year decrease of 23.62%; net profit after deduction was 977 million yuan , a year-on-year decrease of 41.57%.