Securities code: 601137 securities abbreviation: Ningbo Boway Alloy Material Co.Ltd(601137) Announcement No.: pro 2022-004 Ningbo Boway Alloy Material Co.Ltd(601137)
Announcement on the progress of share repurchase through centralized bidding transaction
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.
Ningbo Boway Alloy Material Co.Ltd(601137) (hereinafter referred to as “the company”) held the 27th meeting of the Fourth Board of directors on February 8, 2021, deliberated and adopted the proposal on repurchase of shares of the company through centralized bidding transaction, and agreed that the company would use its own funds to repurchase shares of the company through centralized bidding transaction, Used for the company’s equity incentive to employees (hereinafter referred to as “this repurchase”). The total amount of funds the company intends to use for this repurchase shall not be less than RMB 100 million (inclusive), not more than RMB 200 million (inclusive), and the repurchase price shall not exceed RMB 15.00/share (inclusive); 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 the share repurchase plan. For details, please refer to the website of Shanghai Stock Exchange (www.sse. Com. CN.) on February 9, 2021 and February 19, 2021 And the announcement of Ningbo Boway Alloy Material Co.Ltd(601137) on share repurchase scheme by centralized bidding transaction (Announcement No.: pro 2021-007) and the repurchase report of Ningbo Boway Alloy Material Co.Ltd(601137) on share repurchase by centralized bidding transaction (Announcement No.: pro 2021-010) disclosed by the designated media.
As the annual equity distribution of the company in 2020 has been completed on June 23, 2021, according to the repurchase report, the upper limit of the share repurchase price is adjusted from 15.00 yuan / share (inclusive) to 14.83 yuan / share (inclusive). For details, please refer to the website of Shanghai Stock Exchange (www.sse. Com. CN.) on June 24, 2021 And the announcement of the Ningbo Boway Alloy Material Co.Ltd(601137) on the adjustment of the price cap of repurchase shares after the 2020 annual equity allocation is announced by the designated media (Announcement No.: pro 2021-041).
In accordance with the detailed rules for the implementation of share repurchase by listed companies of Shanghai Stock Exchange and other relevant provisions, the progress of share repurchase by the company is announced as follows:
In January 2022, the Company repurchased 0 shares through centralized bidding transaction.
As of January 31, 2022, the company has repurchased 1334000 shares through centralized bidding transaction, accounting for 0.17% of the company’s total share capital. The highest transaction price is 10.75 yuan / share, the lowest transaction price is 10.57 yuan / share, and the total amount of funds paid is 14255794.24 yuan (excluding transaction costs).
From October 25, 2021 to January 31, 2022, the closing price of the company’s shares exceeded the upper limit of the repurchase price of 14.83 yuan / share (inclusive) for 69 consecutive trading days, resulting in the company’s inability to repurchase shares during the above period; According to the repurchase plan, the repurchase period has expired on February 7, 2022. For the relevant repurchase results, please refer to the announcement on the implementation results of share repurchase and share changes disclosed by the company on the same day as this announcement (Announcement No.: pro 2022-005). Please pay attention to investment risks.
It is hereby announced.
Ningbo Boway Alloy Material Co.Ltd(601137)
Board of directors
February 9, 2022
