Securities code: 000034 securities abbreviation: Digital China Group Co.Ltd(000034) Announcement No.: 2022-009 Digital China Group Co.Ltd(000034)
Announcement on the progress of share repurchase
The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete without falsehood
False records, misleading statements or major omissions.
The ninth meeting of the 10th board of directors of Digital China Group Co.Ltd(000034) (hereinafter referred to as “the company”) deliberated and adopted the proposal on >. The company plans to use its own funds to repurchase the company’s shares in the form of centralized bidding transaction. The total amount of funds to be used is not less than RMB 100 million (inclusive) and not more than RMB 200 million (inclusive), and the price of repurchased shares is not more than RMB 24 / share (inclusive). The company disclosed the report on repurchasing the company’s shares through centralized bidding transaction on October 26, 2021, the announcement on the first repurchase of the company’s shares on October 29, 2021, and the progress announcement on the repurchase of shares on November 2, December 2, 2021 and January 6, 2022, For details, please refer to the company’s website at securities times, Shanghai Securities News, China Securities News and http://www.cn.info.com.cn Relevant announcements disclosed on.
1、 Progress of share repurchase
In accordance with the provisions of relevant laws and regulations such as the rules on share repurchase of listed companies, the rules on the listing of shares of Shenzhen Stock Exchange and the guidelines for self discipline supervision of listed companies of Shenzhen Stock Exchange No. 9 – share repurchase, the company shall announce the progress of repurchase as of the end of last month within the first three trading days of each month during the repurchase period. The progress of the company’s repurchase is now announced as follows:
As of January 31, 2022, the company has repurchased 2009488 shares through centralized bidding trading through the special securities repurchase account, accounting for 0.3041% of the total share capital of the company. The maximum transaction price of the purchased shares is 15.50 yuan / share, the minimum transaction price is 14.85 yuan / share, and the total amount paid is 30340353 yuan (excluding transaction costs). The implementation of the company’s share repurchase complies with the requirements of relevant laws and regulations and the established plan.
2、 Other instructions
The time for the company to repurchase shares, the number of shares to be repurchased and the entrustment period of centralized bidding transactions comply with the relevant provisions of Articles 17, 18 and 19 of the guidelines for self discipline supervision of listed companies of Shenzhen Stock Exchange No. 9 – repurchase of shares. The specific instructions are as follows:
1. The company has not repurchased 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 (October 28, 2021) (October 21, 2021 to October 27, 2021) was 22366025 shares. The cumulative number of shares repurchased by the company in every five trading days does not exceed 25% of the cumulative trading volume of the company’s shares in the five trading days before the date of share repurchase, that is, 5591506 shares.
3. If the company repurchases shares by means of centralized bidding transaction, it shall meet 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) No entrustment of share repurchase shall be made within the opening call auction of Shenzhen Stock Exchange, half an hour before the closing and within the trading day when the stock price has no limit on rise or fall;
(3) Other requirements stipulated by the CSRC and Shenzhen Stock Exchange.
4. The company will continue to implement the repurchase plan according to the market conditions in the future, and fulfill the obligation of information disclosure in time according to the provisions of relevant laws, regulations and normative documents during the repurchase period. Please pay attention to investment risks. It is hereby announced.
Digital China Group Co.Ltd(000034) board of directors February 8, 2002
