*St Beineng (000803): The Actual Controller Is Changed To Beijing SASAC

* ST beineng (000803. SZ) announced that the agreement on shareholders acting in concert of listed companies signed by Beikong Clean Energy Group Co., Ltd. (Beikong clean energy group) and Nanchong state owned assets investment and Management Co., Ltd. (Nanchong SDIC) expired on November 6, 2020. After friendly negotiation, both parties have decided not to renew the agreement on acting in concert of shareholders of listed company after its expiration, and the relationship of concerted action of both parties will terminate on November 6, 2020.

As of the end of the year, Tianjin Fuhuan Energy Management Co., Ltd., Tianjin Fuhuan Energy Consulting Co., Ltd., Tianjin Beihuan Energy Consulting Co., Ltd., Tianjin Fuyang Energy Consulting Co., Ltd., and Tianjin Fuyang Energy Consulting Co., Ltd Tibet Yuze Investment Management Co., Ltd. - Yuze hongniu No.1 private equity investment fund holds 57.5233.43 million shares of listed companies, accounting for 30.10% of the total share capital. Moreover, the subordinate enterprises of Beikong clean energy group can decide the selection of more than half of the board members through the exercise of shareholders' rights. Therefore, after the termination of the concerted action relationship, the controlling shareholder of the company will be Beikong clean energy group With Nanchong State Investment Corporation, the actual controller is changed from Beijing SASAC and Nanchong SASAC to Beijing SASAC.