Securities code: 600988 securities abbreviation: Chifeng Jilong Gold Mining Co.Ltd(600988) Announcement No.: 2022-016 Chifeng Jilong Gold Mining Co.Ltd(600988)
Announcement on the progress of share repurchase
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. Chifeng Jilong Gold Mining Co.Ltd(600988) (hereinafter referred to as “the company”) held the second meeting of the eighth board of directors on January 17, 2022, deliberated and adopted the plan on repurchase of shares (phase II) by means of centralized bidding transaction, and agreed that the company would use its own funds to repurchase part of the issued and listed RMB common shares (A shares) of the company by means of centralized bidding transaction, Used for employee stock ownership plan or equity incentive plan (hereinafter referred to as “this repurchase”). The total amount of funds the company intends to use for this repurchase is 300-600 million yuan, and the repurchase price is no more than 20 million yuan / share. The number of shares to be repurchased this time is no more than 41597700 shares, accounting for about 2.50% of the current total share capital of the company. The implementation period of this repurchase shall not exceed 12 months from the date when the board of directors of the company deliberates and approves this repurchase plan. For details, please refer to the website of Shanghai Stock Exchange (www.sse. Com. CN.) on January 18, 2022 And the report on repurchase of shares (phase II) through centralized bidding transaction disclosed by the designated media (Announcement No.: 2022-011). As of January 31, 2022, the company has not started to repurchase due to window period restrictions and other reasons. The company will choose the opportunity to repurchase within the repurchase period according to the repurchase plan and market conditions, and timely perform the obligation of information disclosure in accordance with relevant regulations. Please pay attention to the investment risks.
It is hereby announced.
Chifeng Jilong Gold Mining Co.Ltd(600988)
Board of directors
February 9, 2022
