Announcement of the company's board of directors' resolution not to proceed with the private placement plan approved by the 2021 annual shareholders' meeting.
· Issued by Advanced Lithium Electrochemistry (cayman) Co. Ltd.
Announcement of the company's board of directors'
resolution not to proceed with the private placement plan
approved by the 2021 annual shareholders' meeting.
Date of events
2022/03/25
To which item it meets
paragraph 16
Statement
1.Date of the board of directors resolution for the change:2022/03/25
2.Effective registration date of the original plan:NA
3.Resolution date of additional issuance:NA
4.Major change Reason for the change:
(1)The company's private placement of no more than 20 million ordinary shares
approved by the general shareholders meeting on Apr.15,2021 will expire one
year on Apr.14,2022,and will not continue to be handled in the remaining
period after being approved by the resolution of the board of directors.
(2)The proposal will be reported at the 2021 general shareholders meeting.
5.Content of each and every successive previously changed
plan for raising of funds before and after change:NA
6.Projected timetable for execution:NA
7.Projected completion date:NA
8.Projected possible benefits:NA
9.Difference from original projected benefits:NA
10.Effect of the current change on shareholder equity:NA
11.Abstract of the original lead underwriter's appraisal opinion:NA
12.Any other matters that need to be specified:NO
