Securities code: 002212 securities abbreviation: Topsec Technologies Group Inc(002212) Announcement No.: 2022-011 Topsec Technologies Group Inc(002212)
Announcement on the progress of share repurchase
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.
Topsec Technologies Group Inc(002212) (hereinafter referred to as “the company”) convened the 18th meeting of the sixth board of directors of the company on January 16, 2022, deliberated and adopted the proposal on repurchase of the company’s shares by means of centralized bidding transaction. The board of directors of the company agreed that on the basis of the previous repurchase, Continue to use its own funds to repurchase the company’s A-share shares in the form of centralized bidding transaction (hereinafter referred to as “this repurchase”) for the company’s subsequent implementation of equity incentive plan or employee stock ownership plan. The total repurchase fund of the company is not less than RMB 100 million and not more than RMB 200 million (both inclusive). According to the calculation of the lower limit of the total repurchase fund of RMB 100 million and the upper limit of the repurchase price of RMB 25 / share, the number of shares repurchased is expected to be 4000000, accounting for 0.34% of the total issued share capital of the company; It is estimated that the number of shares repurchased is 8000000, accounting for 0.67% of the total issued share capital of the company. The specific number of shares repurchased and the proportion in the total share capital of the company shall be subject to the actual number of shares repurchased by the company and the proportion in the total share capital of the company at the expiration or completion of the repurchase. The implementation period of this repurchase is within 12 months from the date when the board of directors of the company deliberates and approves this repurchase plan.
For details, please refer to the company’s website (www.cn. Info. Com. CN.) on January 17, 2022 and January 18, 2022 And the announcement on the resolution of the 18th meeting of the 6th board of directors (Announcement No.: 2022-004), the announcement on the share repurchase scheme of the company through centralized bidding transaction (Announcement No.: 2022-005) and the repurchase report (Announcement No.: 2022-006) disclosed by China Securities News, Shanghai Securities News, securities times and Securities Daily.
According to the relevant provisions of Shenzhen Stock Exchange self regulatory guidelines for listed companies No. 9 – share repurchase (hereinafter referred to as “repurchase guidelines”), during the repurchase period, the company shall disclose the repurchase progress as of the end of last month within the first three trading days of each month. The progress of the company’s repurchase is now announced as follows:
1、 Details of share repurchase
As of January 31, 2022, the company has repurchased 5962219 shares in the form of centralized bidding transaction through the special securities repurchase account, accounting for 0.50% of the current total share capital of the company. The maximum transaction price is 17.33 yuan / share, the minimum transaction price is 16.72 yuan / share, and the total transaction amount is 101427174.14 yuan (excluding transaction costs), The total amount of funds used is 101437328.54 yuan (including transaction costs). The implementation of the company’s share repurchase complies with the requirements of relevant laws and regulations and the company’s established repurchase plan.
2、 Other instructions
The company’s share repurchase time, the number of shares repurchased, the entrustment period and entrustment price of centralized bidding transactions comply with the relevant provisions of Articles 17, 18 and 19 of the repurchase guidelines. The specific instructions are as follows: 1. The company has not repurchased the company’s shares within 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. The cumulative trading volume of the company’s shares in the five trading days before the date of the first share repurchase (January 18, 2022) (January 11, 2022 – January 17, 2022) was 121059249 shares. As of January 31, 2022, the maximum cumulative number of shares repurchased by the company every five trading days during the repurchase period is 5385319 shares (from January 19, 2022 to January 25, 2022), which does not exceed 25% of the cumulative trading volume of the company’s shares in the five trading days before the date of the first repurchase of shares (i.e. 30264812 shares).
3. The company has not entrusted to buy back shares at the following trading hours:
(1) Opening call auction;
(2) Within half an hour before the closing;
(3) Within the trading day when there is no limit on the rise or fall of the stock price.
The entrusted price of the company’s share repurchase is lower than the price limited by the trading increase of the company’s shares on the same day.
The funds for this share repurchase come from the company’s own funds and can be in place in time. During the repurchase period, the company will timely perform the obligation of information disclosure in accordance with the provisions of relevant laws, regulations and normative documents. Please pay attention to the investment risks.
3、 Documents for future reference
The inquiry certificate of the number of shares held in the special account for repurchase issued by China Securities Depository and Clearing Co., Ltd. Shenzhen Branch.
It is hereby announced.
Topsec Technologies Group Inc(002212) board of directors February 8, 2002
