SST Autumn Forest terminates asset reorganization

SST Autumn Forest (600891) 11th announced that the company received Yihe Gold Products Co., Ltd. "on the termination of major assets reorganization of the work of the letter, because the Yi and gold to be injected into the assets involved in more, at present did not complete the reorganization of their assets, the conditions of this major asset restructuring is not mature　　So Yihe and Gold decided to terminate the major asset reorganization with SST Autumn forest.　　In order to fulfill the special commitment of the share reform, SST Qiu Lin announced on January 12, 2011 The major assets reorganization issues, and promised to convene a board of directors to review and disclose the reorganization plan before February 11, if the failure to disclose, the company will cancel the reorganization matters.　　SST Autumn Forest Commitment, from the date of publication of this bulletin no longer planning major assets reorganization matters. According to the SST Autumn Forest November 2010 announced the reform plan, Yi and gold will be in the implementation of the split-share reform program within 12 months from the date of the completion of the scheme, including but not limited to the directional issue of the way to the listed companies into the golden gold of the design, production, wholesale, retail business To ensure the continued development of listed companies and profit growth.　　If Yi and gold in the implementation of the split-share reform scheme has not been completed within 12 months of the expected injection of high-quality gold jewelry design, production, wholesale, retail business, Yihe and Gold will be in the 12 months after the expiration of 20 working days to the listed companies to chase cash 20 million yuan. Data show that the golden and gold registered in Tianjin Binhai New area, is a design, production, wholesale, retail, repurchase in one of the large-scale gold jewelry group enterprises. 2009 years later, the company has acquired, set up Beijing Harmony World Gold and Silver Products Co., Ltd., Hong Kong present jewelry Bao Group Co., Ltd., Hong Kong Phoenix Diamond Jewelry Group Co., Ltd. and so on.