Securities code: 002867 securities abbreviation: Chow Tai Seng Jewellery Company Limited(002867) Announcement No.: 2022-005 Chow Tai Seng Jewellery Company Limited(002867)
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.
Chow Tai Seng Jewellery Company Limited(002867) (hereinafter referred to as “the company”) deliberated and adopted the proposal on the company’s repurchase of some social public shares at the second meeting of the Fourth Board of directors held on June 24, 2021. The company plans to use its own funds to repurchase some social public shares of the company through centralized bidding for equity incentive or employee stock ownership plan, The total capital of this repurchase is 150 million yuan – 300 million yuan, the repurchase price is no more than 27.68 yuan / share (including), and the repurchase implementation period is within 12 months from the date when the board of directors deliberates and approves this repurchase plan. On June 29, 2021, the company disclosed the repurchase report on repurchasing some social public shares (Announcement No.: 2021-034). For details, please refer to the company’s website at http://www.cn.info.com.cn Relevant announcements of disclosure.
1、 Details of the company’s cumulative share repurchases
According to the rules on share repurchases by listed companies, Shenzhen Stock Exchange self regulatory guidelines for listed companies No. 9 – share repurchases and other relevant provisions, during the repurchase period, listed companies shall disclose the repurchase progress as of the end of last month within the first three trading days of each month. Now the repurchase progress is announced as follows:
As of January 31, 2022, the company has repurchased 5317772 shares through centralized bidding through the special securities repurchase account, accounting for 0.49% of the total share capital of the company up to now. The maximum transaction price is 20.64 yuan / share, the minimum transaction price is 17.28 yuan / share, and the total amount paid is 99528840.76 yuan (excluding transaction costs). This repurchase meets the requirements of relevant laws and regulations, Comply with the company’s established repurchase plan.
2、 Other instructions
The time for the company to repurchase shares, the number of shares to be repurchased, the price of shares to be repurchased and the entrusted time period of centralized bidding transactions all comply with the relevant provisions of Articles 17, 18 and 19 of the guidelines for self discipline supervision of listed companies of Shenzhen Stock Exchange No. 9 – repurchase of shares.
1. The company did 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.
2. Since the date when the company implements the share repurchase plan, the maximum number of shares repurchased by the company every five trading days does not exceed 25% of the cumulative trading volume of 77028254 shares of the company’s shares in the five trading days before the date of the first share repurchase (July 27, 2021) (July 20, 2021 to July 26, 2021). 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 shares repurchased by the company 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 according to the market conditions in the future, and will timely perform the obligation of information disclosure according to the provisions of relevant laws, regulations and normative documents during the repurchase period. Please pay attention to investment risks.
It is hereby announced.
Chow Tai Seng Jewellery Company Limited(002867) board of directors February 9, 2022
