Securities code: 601963 securities abbreviation: Bank Of Chongqing Co.Ltd(601963) Announcement No.: 2022-007 Bank Of Chongqing Co.Ltd(601963)
Suggestive announcement on the conditions for triggering the measures to stabilize the stock price
The board of directors and all directors of the bank guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
In accordance with the company law of the people’s Republic of China, the securities law of the people’s Republic of China, the opinions of the CSRC on further promoting the reform of the IPO system and other relevant laws and regulations and the Listing Rules of the place where Bank Of Chongqing Co.Ltd(601963) (hereinafter referred to as “the bank”) is listed, The bank formulated the plan for stabilizing the company’s A-share price within three years after the issuance of Bank Of Chongqing Co.Ltd(601963) A shares (hereinafter referred to as the “plan for stabilizing share price”). The plan for stabilizing share price was deliberated and adopted by the bank’s 2015 annual general meeting and class shareholders’ meeting on June 17, 2016. According to the regulatory requirements and the actual situation of the bank, the bank revised the stock price stabilization plan, which was deliberated and adopted by the bank’s 2018 annual general meeting and class shareholders’ meeting on May 24, 2019. See the prospectus of Bank Of Chongqing Co.Ltd(601963) initial public offering (A shares) for the specific contents of the plan for stabilizing share price.
According to the plan for stabilizing share price, within three years after the issuance of a shares, If the closing price of the bank’s A-Shares for 20 consecutive trading days is lower than the bank’s net assets per share audited in the latest period (if the bank’s net assets or total number of shares change due to profit distribution, conversion of capital reserve to share capital, additional issuance, allotment and other circumstances after the base date of the latest audit, the net assets per share shall be adjusted accordingly), Under the condition of meeting the relevant provisions of laws, regulations and normative documents on increase or repurchase, the bank and relevant subjects will take measures to stabilize the bank’s share price in accordance with the plan.
On March 31, 2021, the bank disclosed its 2020 annual report. The latest audited net assets per share of the bank was 11.28 yuan. On July 9, 2021, the bank implemented the 2020 annual equity distribution, and the latest audited net assets per share were adjusted to RMB 10.91 after ex dividend. From January 4, 2022
By February 7, 2022, the closing price of the bank’s A-Shares had been lower than the net assets per share for 20 consecutive trading days, meeting the starting conditions for triggering measures to stabilize the stock price.
The bank’s internal stock price stabilization plan and the external stock price stabilization plan shall be implemented within 2 months (2022) after the approval of the bank’s internal stock price stabilization plan and the relevant procedures of the board of directors are completed (2022), And shall be announced in accordance with the information disclosure requirements of listed companies.
It is hereby announced.
Bank Of Chongqing Co.Ltd(601963) board of directors February 7, 2022
