CECEP TechandEcology&Environment (300197.SZ) terminates the restructuring matter and withdraws the application documents.

CECEP TechandEcology&Environment (300197.SZ) announced that the company had previously planned to issue shares and pay cash to purchase 72.60% equity of Zhongjie Energy Ecological Environmental Technology Co., Ltd. held by Zhongjie Energy Ecological Environment Technology Co., Ltd., Yong'an Tushengkun Enterprise Management Partnership (Limited Partnership), Yong'an Tushengtang Enterprise Management Partnership (Limited Partnership), and Yong'an Tushengtian Enterprise Management Partnership (Limited Partnership). The company also planned to issue shares and pay cash to purchase 100.00% equity of Hangzhou Puji Environmental Protection Technology Co., Ltd. held by Zhang Wenhui, and to raise supporting funds through a non-public issuance of shares to no more than 35 specific investors, including China Energy Conservation and Environmental Protection Group Co., Ltd. Since the start of the restructuring, the company and all relevant parties have actively promoted various aspects of the restructuring. Due to the lengthy duration since the planning of the restructuring, significant changes have occurred in the domestic and international economic and capital market environments. After friendly negotiations, careful study, and thorough demonstration with all relevant parties, the company and the board, based on prudential considerations, believe that there is great uncertainty in continuing the restructuring at this stage. With the aim of safeguarding the rights of all shareholders, especially minority shareholders, and considering the interests of the company, it has been decided to terminate the restructuring and apply to the Shenzhen Stock Exchange to withdraw the related application documents.