Securities code: 002001 securities abbreviation: Zhejiang Nhu Company Ltd(002001) Announcement No.: 2022-003 Zhejiang Nhu Company Ltd(002001)
Announcement on the progress of repurchasing shares of the company
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
Zhejiang Nhu Company Ltd(002001) (hereinafter referred to as “the company”) deliberated and adopted the proposal on share repurchase scheme of the company at the 7th Meeting of the 8th board of directors held on August 18, 2021, and agreed that the company would use its own funds to repurchase some social public shares of the company in the form of centralized bidding transaction for the implementation of equity incentive plan or employee stock ownership plan. The repurchase amount ranges from 300 million yuan to 60 million yuan (inclusive), and the repurchase price does not exceed 41 yuan / share (inclusive). The specific number of shares repurchased and its proportion in the total share capital shall be subject to the actual number of shares repurchased at the expiration of the repurchase period. The implementation period of this share repurchase shall not exceed 12 months from the date when the company’s board of directors deliberates and approves the share repurchase plan. See the company’s designated information disclosure website for details（ http://www.cn.info.com.cn. ）Relevant announcements published on. 1、 Progress of share repurchase
According to the self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 9 – share repurchase and other relevant provisions, the company shall disclose the progress of share repurchase as of the end of last month within the first three trading days of each month. Now the progress of share repurchase by the company as of the end of last month is announced as follows:
As of January 28, 2022, the company has repurchased 10988369 shares of the company’s shares through centralized bidding trading through the special securities repurchase account, accounting for 0.4262% of the company’s total share capital. The maximum transaction price is 30.03 yuan / share, the minimum transaction price is 26.15 yuan / share, and the cumulative transaction amount is 320335151.32 yuan (excluding transaction costs), This repurchase complies with the requirements of relevant laws and regulations and the company’s established repurchase plan.
2、 Other instructions
The time for the company to repurchase shares, the number of shares repurchased, the price of shares repurchased and the entrusted period of centralized bidding comply with the relevant provisions of Articles 17, 18 and 19 of the guidelines for self discipline supervision of listed companies on Shenzhen Stock Exchange No. 9 – share repurchases.
1. The company did not repurchase shares during the following periods:
(1) If the announcement date is delayed due to special reasons within 10 trading days before the announcement of the company’s annual report and semi annual report, it shall be calculated from the 10 trading days before the original scheduled announcement date;
(2) Within ten trading days before the announcement of the company’s quarterly report, performance forecast and performance express;
(3) From the date of occurrence of major events that may have a significant impact on the trading price of the company’s shares or in the process of decision-making to the date of disclosure according to law;
(4) Other circumstances prescribed by the CSRC.
2. Since the date when the company implements the share repurchase plan, the number of shares repurchased by the company every five trading days does not exceed 25% (i.e. 47866977 shares) of the cumulative trading volume of 191467908 shares in the five trading days before the date of the first share repurchase (August 31, 2021).
3. The repurchase of shares by the company through centralized bidding transaction meets the following requirements:
(1) The entrustment price shall not be the price limited by the trading increase of the company’s shares on the same day;
(2) The entrustment of share repurchase shall not be carried out within the opening call auction of Shenzhen Stock Exchange, half an hour before the closing and within the trading day when there is no limit on the rise or fall of the stock price;
(3) Other requirements stipulated by the CSRC and the Shenzhen Stock Exchange.
The company will implement the repurchase plan within the repurchase implementation period according to the market conditions, and timely perform the obligation of information disclosure in accordance with the provisions of relevant laws and regulations.
It is hereby announced.
Zhejiang Nhu Company Ltd(002001) board of directors February 7, 2022
