Securities code: 002979 securities abbreviation: China Leadshine Technology Co.Ltd(002979) Announcement No.: 2022-005 China Leadshine Technology Co.Ltd(002979)
Announcement on the progress of share repurchase
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.
China Leadshine Technology Co.Ltd(002979) (hereinafter referred to as “the company”) held the second extraordinary general meeting of shareholders in 2021 on July 19, 2021, deliberated and approved the proposal on repurchase of some social public shares, and agreed that the company would use its own funds to repurchase some social public shares in the form of centralized bidding transaction for the subsequent implementation of equity incentive or employee stock ownership plan, The total amount of repurchase funds shall not be less than RMB 100 million (inclusive) and not more than RMB 190 million (inclusive), and the repurchase price shall not exceed RMB 42.00/share (inclusive). The 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, which shall be within 12 months from the date when the shareholders’ meeting deliberates and approves the share repurchase plan. For details, please refer to securities times, China Securities News, Shanghai Securities News, securities daily and cninfo (www.cn. Info. Com. CN.) on July 20, 2021 and September 10, 2021 Relevant announcements of disclosure.
According to the detailed rules for the implementation of share repurchase by listed companies of Shenzhen Stock Exchange and other relevant provisions, the 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、 Details of share repurchase
As of January 31, 2022, the company has repurchased 3920330 shares of the company through centralized bidding through the special securities account for share repurchase, accounting for 1.30% of the total share capital of the company. The maximum transaction price is 29.40 yuan / share, the minimum transaction price is 25.45 yuan / share, the total amount paid is 109983591.78 yuan (excluding transaction costs), and the average repurchase price is 28.05 yuan / share. The capital source of this share repurchase is the company’s own funds. This repurchase meets the requirements of relevant laws and regulations and the established share repurchase plan.
2、 Other instructions
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 detailed rules for the implementation of share repurchases by listed companies of Shenzhen Stock Exchange.
1. The company has not repurchased its shares within the following periods:
(1) Ten trading days before the announcement of the 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 and Shenzhen Stock Exchange.
2. The cumulative trading volume of shares in the five trading days before the date of the first share repurchase of the company was 21393600 shares. The number of shares repurchased by the company for the first time is 697400 shares, which does not exceed 25% of the cumulative trading volume of the company’s shares in the five trading days before the date of the company’s first share repurchase, i.e. 5348400 shares. 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 shall not be the price limited by the trading increase of the company’s shares on the same day.
The company will continue to implement the repurchase plan during the repurchase period according to the market conditions, and timely perform the obligation of information disclosure according to the provisions of relevant laws, regulations and normative documents. Please pay attention to the investment risks.
It is hereby announced.
China Leadshine Technology Co.Ltd(002979) board of directors
February 9, 2022
