Securities code: 603936 securities abbreviation: Bomin Electronics Co.Ltd(603936) Announcement No.: pro 2022-010 Bomin Electronics Co.Ltd(603936)
Announcement on the implementation results of share repurchase and share changes
The board of directors and all directors of the company 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.
1、 Review and approval of repurchase and contents of repurchase plan
The eighth meeting of the Fourth Board of directors of Bomin Electronics Co.Ltd(603936) (hereinafter referred to as “the company”) was held in the company’s conference room on February 5, 2021 by means of on-site combined communication. The meeting deliberated and adopted the proposal on the scheme of repurchasing the company’s shares by means of centralized bidding transaction, It was posted on the website of Shanghai Stock Exchange (www.sse. Com. CN.) on February 6, 2021 and February 23, 2021 respectively Disclosed the announcement on the plan of repurchasing the company’s shares by means of centralized bidding transaction (Announcement No.: pro 2021-017) and the repurchase report on repurchasing the company’s shares by means of centralized bidding transaction (Announcement No.: pro 2021-019). The main contents of the repurchase plan are as follows:
The company uses its own funds to buy back the company’s shares in the form of centralized bidding transaction. The total amount of funds to be repurchased shall not be less than 80 million yuan (inclusive) and not more than 160 million yuan (inclusive), and the repurchase price shall not exceed 15.00 yuan / share (inclusive). The repurchase period is from February 5, 2021 to February 4, 2022. The shares repurchased are intended to be used for the subsequent implementation of the employee stock ownership plan.
2、 Implementation of repurchase
(I) on February 22, 2021, the company implemented share repurchase for the first time, and disclosed the situation of share repurchase for the first time on February 24, 2021. For details, see the website of Shanghai Stock Exchange on February 24, 2021 (www.sse. Com. CN) The company’s announcement on the first repurchase of the company’s shares by means of centralized bidding transaction (Announcement No.: 2021-020).
(II) in January 2022, the company did not implement share repurchase. As of February 4, 2022, the repurchase plan of the company has been completed, and 7625100 shares have been actually repurchased, accounting for 1.49% of the total share capital of the company. The highest repurchase price is 13.84 yuan / share, the lowest price is 11.22 yuan / share, the average repurchase price is 12.21 yuan / share, and the total amount of funds used is 93104733.80 yuan (excluding transaction costs).
(III) there is no difference between the actual implementation of this repurchase plan and the disclosed repurchase plan, and the company has completed the repurchase according to the disclosed plan.
(IV) this share repurchase did not have a significant impact on the company’s normal business activities and financial status, did not lead to the situation that the company’s equity distribution did not meet the listing conditions, and did not lead to the change of the company’s control.
3、 Shares bought and sold by relevant entities during the repurchase period
On February 6, 2021, the company disclosed the share repurchase for the first time. For details, see the company’s website at Shanghai Stock Exchange (www.sse. Com. CN.) The company’s announcement on the plan of repurchasing the company’s shares by means of centralized bidding transaction (Announcement No.: p.2021-017). As of the disclosure of this announcement, the company’s directors, supervisors, controlling shareholders and actual controllers bought and sold the company’s shares during this period and the reasons are as follows: the company’s controlling shareholders, actual controllers Mr. Xu Huan, chairman of the board of directors and Ms. Xie Xiaomei, acting in concert, reduced 16930000 shares of the company through block trading from September 27, 2021 to January 18, 2022 due to personal capital needs, accounting for 3.31% of the total share capital of the company.
Ms. Liu Yanping, vice chairman and executive deputy general manager of the company, reduced 1070000 shares of the company through block trading on January 4, 2022, accounting for 0.21% of the total share capital of the company.
Mr. Xie Jianzhong, the director of the company, reduced 5380000 shares of the company through block trading from December 20, 2021 to January 18, 2022 due to personal capital needs, accounting for 1.05% of the total share capital of the company. In addition to the matters disclosed above, during the period from the date of the company’s first disclosure of the repurchase to the date of disclosure of this announcement, the directors, supervisors, controlling shareholders and actual controllers of the company did not buy or sell the company’s shares.
4、 Statement of changes in shares
Before and after the share repurchase, the changes of the company’s shares are as follows:
Before and after this repurchase
Class of shares
Proportion of shares (%) proportion of shares (%)
Limited shares 114352121 22.38 0
Unlimited shares 396659976 77.62 511012097 100.00
Including: special securities account for repurchase 0 0 7625100 1.49
Total shares 511012097 100.00 511012097 100.00
5、 Disposal arrangement of repurchased shares
The total number of shares repurchased by the company this time is 7625100, which is proposed to be used in the company’s employee stock ownership plan according to the repurchase plan. If the shares repurchased by the company are not used up for the above purposes within 3 years after the disclosure of this announcement (i.e. February 8, 2022 to February 7, 2025), the unused repurchased shares will be transferred or cancelled according to law.
The subsequent company will use the repurchased shares according to the purpose of disclosure, and perform the decision-making procedures and information disclosure obligations as required.
It is hereby announced.
Bomin Electronics Co.Ltd(603936) board of directors February 8, 2022
