Intends to plan a major asset restructuring matters can be suspended from China today

HC semitek May 12th evening announcement that the company is planning a major asset reorganization, the remaining uncertainty due to the matter, in order to safeguard the interests of investors, to avoid a significant impact on the company's share price, according to the relevant provisions of the Shenzhen stock exchange, the company's application, the company stock since May 13, 2015 to start the suspension.

Company's commitment to fight the disclosure of the restructuring plan in no more than 30 days time, the latest in June 12, 2015 will be in accordance with the "public offering of securities of the company information disclosure content and Format Standard No. 26 - a major asset restructuring of listed companies" require disclosure of major asset restructuring information. If the company fails to convene the board within the time limit for consideration and disclose the restructuring matters and the company did not apply for an extension or resumption application without the consent of the exchange, the company stock will resume trading later than June 13, 2015, the company promised no longer planning a major asset reorganization in the stock to resume trading within 3 months.

If the suspension before the expiration to the stock exchange for resumption postponed, committed to a total of not more than 3 months the disclosure of this major asset restructuring information in accordance with the relevant requirements of the rules; in the period if the company failed to convene the board for consideration and disclosure of relevant matters, the company will issue a notice of the termination of a major asset restructuring and at the same time, the stock to resume trading commitment from the date of the announcement at least within 6 months longer planning a major asset reorganization.

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