Securities code: 000892 securities abbreviation: H&R Century Union Corporation(000892) Announcement No.: 2022-11 H&R Century Union Corporation(000892)
Announcement on the progress of repurchasing shares of the company
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.
H&R Century Union Corporation(000892) (hereinafter referred to as “the company”), at the 14th meeting of the 8th board of directors held on October 29, 2021, deliberated and adopted the proposal on the share repurchase scheme of the company by means of centralized bidding transaction, which plans to repurchase some social public shares of the company by means of centralized bidding transaction with its own funds, and the repurchased shares are used to implement the equity incentive scheme or employee stock ownership plan. The upper limit of the amount of shares to be repurchased this time is 50 million yuan, the lower limit is 30 million yuan (both inclusive), and the repurchase price shall not exceed 4.2 yuan / share (inclusive). The specific number of shares to be repurchased shall be subject to the actual number of shares to be repurchased at the expiration of the repurchase period. The term of this share repurchase is 12 months from the date when the board of directors deliberates and approves the repurchase plan (for details, please refer to the relevant announcements disclosed by the company in the securities times, Securities Daily, China Securities News, Shanghai Securities News and cninfo online on October 30, 2021).
According to the detailed rules for the implementation of share repurchase by listed companies of Shenzhen Stock Exchange and other relevant provisions, the listed company shall disclose the progress of share repurchase as of the end of last month within the first three trading days of each month. Now the progress of share repurchase by the company is announced as follows:
1、 Progress of share repurchase
As of January 31, 2022, the company has used its own funds to repurchase 10116700 shares of the company through the special securities account of the company through centralized bidding transaction, accounting for 1.0313% of the total share capital of the company. The maximum transaction price is 3.50 yuan / share, the minimum transaction price is 3.18 yuan / share, and the total transaction amount is 33995635 yuan (excluding transaction costs). This repurchase complies with the company’s established share repurchase plan and the requirements of relevant laws and regulations.
2、 Other instructions
The time for the company to repurchase shares, the number of shares to be repurchased and the entrusted period of centralized bidding transactions shall comply with the relevant provisions of Articles 17, 18 and 19 of the detailed rules for the implementation of share repurchases.
1. The company has not repurchased its shares within the following periods:
(1) Within ten trading days before the announcement of the listed company’s regular report, performance forecast or performance express;
(2) 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 two trading days after disclosure according to law;
(3) 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 (November 17, 2021) (November 10, 2021 to November 16, 2021) is 115455705 shares. The number of shares repurchased by the company every five trading days does not exceed 25% (i.e. 28863926 shares) of the cumulative trading volume of the company’s shares in the five trading days before the date of the first share repurchase.
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) There is no limit on the rise and fall of stock prices.
The price of the company’s shares repurchased this time is lower than the price limited by the trading increase of the company’s shares on the same day.
4. The company will continue to implement the repurchase plan during the repurchase period according to the market conditions, and fulfill the obligation of information disclosure in time according to the provisions of relevant laws, regulations and normative documents. Please pay attention to investment risks. It is hereby announced.
H&R Century Union Corporation(000892) board of directors February 7, 2002
