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Zhejiang Resources (600070): Stock Trading Risk Warning

2019/11/1 11:06:00 0

Zhejiang RichTextile StocksThe Latest Announcement

Zhejiang Limited by Share Ltd

Stock trading risk notice

The board of directors and all directors of the company guarantee that there is no false record, misleading statement or major omission in the contents of this announcement, and shall bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.

Recently, the company's stock trading has fluctuated. Now it is a risk reminder. Investors are invited to invest rationally and pay attention to investment risks.

1. No major changes have taken place in the main business of the company.

The company's main business is Internet marketing, data analysis and service, as well as textile printing and dyeing, seamless steel tube processing and sales. Up to now, the main business of the company has not changed significantly, and the market environment and industry policies have not changed significantly.

Two, the company verified and explained the situation.

1, the company disclosed the 2019 third quarter report in October 29, 2019.

In the evening of 2 and October 30, 2019, Tae Yi Chi, a wholly owned subsidiary of the company, released the white paper on block chain, and elaborated the exploration and prospect in the field of block chain. In view of the early development of the block chain industry, the risk is as follows:

(1) block chain industry is in the initial stage of development. Commercialization of technology from application to application is still in progress.

(2) at present, Tai Yi Zhi has not yet formed a mature business model for block chain business, and will not directly affect the company's business performance.

The company specifies the information disclosure media as "China Securities Journal", "Shanghai Securities News", "Securities Times" and the Shanghai stock exchange website, the company information above the media and the announcement of the website shall prevail. Investors are invited to pay attention to investment risks.

It is hereby announced.

Board of directors of Zhejiang Limited by Share Ltd

Two October 31st 19

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