Shanshan Group responded: The reorganization does not involve listed companies

On January 27th, Shanshan shares announced that the relevant creditors of Shanshan Group Co., Ltd. have submitted an application to the people's court for the reorganization of Shanshan Group. The relevant person in charge of Shanshan Group told reporters that the reorganization is an effective way to resolve risks in a market-oriented and rule-of-law manner. Shanshan Group is confident and determined to respond actively under the guidance and help of governments at all levels and Financial Institution Group, and make every effort to protect the legitimate rights and interests of all creditors and investors. < b > Shanshan Group stated that this reorganization does not involve listed companies, and Shanshan shares have independence. The recent relevant meeting made it clear that the listed company and the industry are protected, and the stable operation of important enterprises in the two industrial chains of negative electrode materials and polarizing films is ensured.