Withdrawal of major reorganization application materials

*st (600984) notice, the company board of Directors decided to withdraw the company and the actual control of Shaanxi Coal chemical group of major assets replacement and the issuance of shares to purchase assets of the relevant declaration documents. The company explained that the company's major asset replacement and issuance of shares to purchase assets declaration materials have been submitted to the China Securities Regulatory Commission. China Securities Regulatory Commission after receiving materials, after a preliminary review issued the "China Securities Regulatory Commission administrative license application material correction Notice" (No. 100,977th). Up to now, the company has not been able to supplement the relevant materials as required by the CSRC. In view of the expiry of the 6-month validity period of the financial data relating to the underlying assets of the issuing shares purchase assets, while the scope of the underlying assets is broader, it will take a long time to carry out the relevant audits; In addition, the underlying assets have a higher relative transaction and a lower likelihood of reduction in the short term, in order to reduce the proportion of related transactions,　　Further integrated planning of the reorganization programme is needed. According to the company's reorganization plan announced in November 2009, the company intends to replace part of the investment in Shaanxi Coal Chemical Industry Construction (Group) Co., Ltd. with all assets and liabilities and the Shaanxi Coal Chemical Group Holdings. The pre-valuation of the assets is 280 million yuan, and the pre-valuation of the 100% equity of the asset construction group is 860 million yuan. If according to the pre-valuation, the company will be 280 million yuan of the set up assets and coal Group holdings of 280 million yuan construction group contribution to the equal replacement. At the same time, the company is going to the coal group and its concerted action of the public to open the domestic listed renminbi common stock (A shares), the purchase of its holdings of construction group remaining 580 million of the capital contribution. The issue price of 7.22 yuan/share, is expected to issue shares of the ceiling of 80.35 million shares.