Report on the St of Seabirds clarifying company reorganization

In response to relevant media reports, St Seabirds (600634) issued a clarification on the evening of January 21, said the report or part of the statement is untrue.　　The company has not received the major shareholder of Shanghai East Hong Industrial Investment Co., Ltd. on the implementation of the company's important matters, including major asset reorganization, asset acquisition and sale, transfer of equity and other notices. The company announced that the company mainly engaged in the development of the project only Yangpu District Western Bridge Project, the relocation of the project since the end of 2002, prepaid resettlement to 200 million yuan, accounting for the proportion of the total assets of 94.79%, the current project is basically in a stagnant state.　　The subsequent disposition of the project will have a significant impact on the company's return to normal operations and corporate restructuring, and there is no substantive progress in the follow-up of the project. The company announced that 21st, the media published a report entitled "Three St companies listed as a foregone conclusion", the main view is that "St seabird restructuring expected strong, corporate restructuring without any obstacles." ”