Securities code: 002455 securities abbreviation: Jiangsu Baichuan High-Tech New Materials Co.Ltd(002455) Announcement No.: 2022-005 bond Code: 128093 bond abbreviation: Baichuan convertible bond
Jiangsu Baichuan High-Tech New Materials Co.Ltd(002455)
Announcement on the resolution of the second meeting of the sixth board of directors
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.
The second meeting of the sixth board of directors of Jiangsu Baichuan High-Tech New Materials Co.Ltd(002455) (hereinafter referred to as "the company") was held in the company's conference room on February 7, 2022 in the form of combination of on-site and communication. The notice of the meeting has been notified to all directors in writing and by telephone on January 27, 2022. There are 7 directors who should attend and 7 directors who actually attend. The meeting was held in accordance with the relevant provisions of the company law and the articles of association. The meeting was presided over by the chairman, Mr. Zheng Tiejiang. Some supervisors and senior managers of the company attended the meeting as nonvoting delegates. The following proposals were considered and passed at the meeting:
1、 Proposal on early redemption of "Baichuan convertible bonds"
Voting results: 7 in favor, 0 against and 0 abstention.
The closing price of the company's shares (hereinafter referred to as: Jiangsu Baichuan High-Tech New Materials Co.Ltd(002455) , code: 002455) for 20 consecutive trading days from January 4, 2022 to February 7, 2022 shall not be lower than 130% (i.e. 7.50 yuan / share) of the current conversion price (i.e. 5.77 yuan / share) of "Baichuan convertible bonds", The conditional redemption terms agreed in the Jiangsu Baichuan High-Tech New Materials Co.Ltd(002455) prospectus for public issuance of convertible corporate bonds have been triggered.
The board of directors of the company agrees to exercise the conditional redemption right of "Baichuan convertible bonds" and redeem all the "Baichuan convertible bonds" that have not been converted into shares registered in Shenzhen Branch of China Securities Depository and Clearing Co., Ltd. after the closing of the market on the redemption registration date at the price of bond face value plus accrued interest in the current period.
For details, please refer to "cninfo. Com" published on February 8, 2022（ http://www.cn.info.com.cn. ）, the first suggestive announcement on the implementation of the redemption of "Baichuan convertible bonds" (Announcement No.: 2022-007) on the securities times and China Securities News.
The independent directors of the company expressed their independent opinions on the matter, Jiangsu century Tongren law firm issued a legal opinion on it, and the sponsor Citic Securities Company Limited(600030) issued verification opinions on it. For details, see http://www.cn.info.com.cn.
It is hereby announced.
Jiangsu Baichuan High-Tech New Materials Co.Ltd(002455) board of directors February 7, 2022
