Securities code: 000725 securities abbreviation: BOE a Announcement No.: 2022-004 securities code: 200725 securities abbreviation: BOE B Announcement No.: 2022-004 Boe Technology Group Co.Ltd(000725)
Announcement on the progress of repurchasing some public shares
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.
Boe Technology Group Co.Ltd(000725) (hereinafter referred to as “the company”) deliberated and adopted the proposal on repurchasing some social public shares of the company at the 31st meeting of the ninth board of directors held on August 27, 2021 (for details, see the announcement on repurchasing some social public shares of the company disclosed by the company on August 31, 2021, Announcement No.: 2021-067). The company officially implemented the plan of repurchasing some social public shares from September 2, 2021 (see the announcement on repurchasing some social public shares of the company for the first time disclosed by the company on September 3, 2021, Announcement No.: 2021-077).
1、 Specific conditions of repurchasing shares of the company
According to the rules on share repurchases of listed companies and the self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 9 – share repurchases and other relevant provisions, the company shall disclose the announcement on the progress of repurchase as of the end of last month within the first three trading days of each month. The share repurchases are now announced as follows:
As of January 31, 2022, the company has repurchased the company’s shares by means of centralized bidding through the special securities repurchase account. The cumulative number of A-Shares repurchased is 49099919, accounting for about 1.3090% of the company’s A-Shares and 1.2771% of the company’s total share capital. The highest transaction price of this repurchase is 5.96 yuan / share and the lowest transaction price is 4.83 yuan / share, The total amount paid is 2577337544.34 yuan (excluding Commission and other fixed expenses). The above repurchase of the company meets the requirements of relevant laws and regulations and the established repurchase plan of the company.
2、 Other instructions
1. The time, number and price of shares repurchased by the company and the entrusted period of centralized bidding transaction comply with the relevant provisions of Articles 17, 18 and 19 of the guidelines for self discipline supervision of listed companies on Shenzhen Stock Exchange No. 9 – share repurchases.
According to the relevant provisions of the guidelines on self discipline supervision of listed companies of Shenzhen Stock Exchange No. 9 – share repurchase, the company shall not repurchase shares during 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.
According to the relevant provisions of the guidelines for self discipline supervision of listed companies of Shenzhen Stock Exchange No. 9 – share repurchase, if a 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) It is not allowed to entrust the share repurchase within the opening call auction of the exchange, half an hour before the closing and the trading day when the stock price has no limit on the rise and fall of the stock price;
(3) Other requirements stipulated by the CSRC and Shenzhen Stock Exchange.
2. Since the date when the company implemented the share repurchase plan, the number of shares repurchased by the company every five trading days did not exceed 25% of the cumulative trading volume of 2964187753 shares in the five trading days before the date of the first share repurchase.
It is hereby announced.
Boe Technology Group Co.Ltd(000725) board of directors
February 7, 2022
