Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 1096)

UPDATE ON LEGAL PROCEEDINGS

Reference is made to the announcements of Sino Energy International Holdings Group Limited (the "Company") dated 23 July 2019, 14 August 2019, 11 September 2019, 9 October 2019 and 4 December 2019, 8 January 2020, 5 February 2020, 18 May 2020, 26 May 2020, 9 June 2020, 12 June 2020 and 8 July 2020 in relation to, among other things, legal proceedings. Capitalised terms used in this announcement shall adopt the same meanings as defined in the Company's announcement dated 23 July 2019, unless the context requires otherwise.

At the hearing on 20 August 2020, the Petition was adjourned to be heard at 3:30 p.m. on 30 September 2020 for another hearing. Further announcement will be made as and when appropriate.

Shareholders and potential investors should accordingly exercise caution when dealing in the securities of the Company.

By order of the board of

Sino Energy International Holdings Group Limited

Chen Jianbao

Chairman

Hong Kong, 20 August 2020

As at the date of this announcement, the executive Directors are Mr. Chen Jianbao, Ms. Cai Xiuman, Mr. Zhang Wenbin, Mr. Wang Qingshan and Mr. Zhu Tianxiang; and the independent non-executive Directors are Mr. Chen Jinzhong, Roy and Mr. Chai Chung Wai.

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Sino Energy International Holdings Group Ltd. published this content on 20 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 August 2020 12:10:15 UTC