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announcement Paradise Valley - set by the No. 1 source of financial asset management plan announcem

日期: 2019-04-17
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Dear Investor:

Hello!

You invest in 'Paradise Valley - set by the No. 1 source of financial asset management plan (hereinafter the' information management plan ') is about to be postponed, as our present information management program manager, now related matters are announced as follows:

First, the fund set up and the basic investment

This information management program in April 21, 2015 was established, the total funds raised to 21,700 yuan. This information management program funded by holders of Zhejiang Paradise Valley Financial sources of equity investment partnership (limited partnership) (hereinafter referred to as 'financial source partnership') limited partnership shares, indirect investments in listed property companies large non-public offering of stock. The duration of this information management plan for 42 months, from financial sources to the partnership property from the date of payment of large non-public offering of stock option shall cum October 29, 2015 is calculated.

Financial sources partnership property large non-public offering of shares 67,164,179 shares held on November 6, 2018 lifting of the ban, since November 6, 2018 to December 25, 2018, financial sources partnership by focusing on holdings of auction trading large portions of property shares.

Second, the listed company non-public offering of shares Change in holdings policy

May 27, 2017, the Commission issued 'shareholders of listed companies, directors, supervisors and high stock holdings of certain provisions of the' Shanghai Stock Exchange issued the same day, 'Shanghai Stock Exchange listed company shareholders and directors, supervisors and senior management personnel reduction shares Rules 'hereinafter referred to as (' underweight new rules ').

Reduction of the provisions of Article IV of the new regulation: 'holdings of major shareholders or certain shareholders holdings, to take centralized auction trading in any 90 consecutive days, the total number of holdings of shares shall not exceed 1% of the total shares held by the market. non-public offering of shares of shareholders, holdings of such shares through the centralized auction trading, in addition to compliance with the provisions of the preceding paragraph, the date of the shares lift restrictions on sale within 12 months, reduction of the number shall not exceed the sub-held non public offering of 50% of the number of shares. '

This information management plan scheduled for April 29, 2019 expiration. But according to the new regulations holdings, the indirect investment property information management program this large non-public offering of shares through the centralized auction trading of all holdings completion time is later than the period of existence of this information management plan asset management contract. This information management plan is expected expiration of the time period of existence, the information management plan property can not be fully realized.

Third, the information management plan asset management contract relating to extension

'Paradise Valley - set by the No. 1 source of financial asset management plan,' Di Wukuan Article 22 as follows:

'In case of asset management plan can not be fully realized property, property asset management plans by the unified management plan asset managers, until all the cash till.'

Therefore, taking into account the interests of investors, and in accordance with the provisions of this regulation lessening the information management plan asset management contract, our company, as the manager decided to:

Paradise Valley - set by the financial source No. 1 asset management plan period of existence postponed to this information management plan indirect investment in property large listed company non-public offering of shares all sold, and the date of completion of this information management plan property fully realized it, is not expected to exceed 2020 May 5. Special announcement! If you need assistance, please call 400-826-0806.

Manager: Paradise Valley Asset Management Group Ltd.

April 17, 2019


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