Securities code: 002910 securities abbreviation: Lanzhou Zhuangyuan Pasture Co.Ltd(002910) Announcement No.: 2022-007 Lanzhou Zhuangyuan Pasture Co.Ltd(002910)
Progress announcement of major events
The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete without false records, misleading statements or major omissions.
Lanzhou Zhuangyuan Pasture Co.Ltd(002910) (hereinafter referred to as “the company”) held the seventh meeting of the Fourth Board of directors on December 17, 2021, deliberated and approved the proposal on the planning, demonstration and preliminary preparation of the company’s H-share repurchase and delisting plan, and agreed that the company should carry out the planning, demonstration and preliminary preparation of the H-share repurchase and delisting plan. The company has published relevant announcements on the matters of the H-share repurchase and delisting plan (hereinafter referred to as the “H-share repurchase and delisting plan”) and the progress of the matter in accordance with Article 3.7 of the code for corporate acquisitions and mergers (hereinafter referred to as the “code for acquisitions”) of Hong Kong. For more information about these announcements, please refer to the company’s announcement on December 18, 2021 On January 14, 2022, in the securities times, China Securities News, Shanghai Securities News, securities daily and cninfo (www.cn. Info. Com. CN.) The indicative announcement on Lanzhou Zhuangyuan Pasture Co.Ltd(002910) major events (Announcement No.: 2021-117), the H-share announcement – (1) the announcement made in accordance with Article 3.7 of the acquisition code, article 13.09 of the listing rules and the insider information provisions under part xiva of the securities and Futures Ordinance (2) the resumption of Lanzhou Zhuangyuan Pasture Co.Ltd(002910) H-share trading and the announcement on the progress of Lanzhou Zhuangyuan Pasture Co.Ltd(002910) major events (Announcement No.: 2022-002) H share announcement – monthly update announcement made in accordance with Article 3.7 of the acquisition code.
The company has held the 10th meeting of the 4th board of directors on February 11, 2022. After deliberation, it is agreed that in order to complete the H-share repurchase and delisting plan, the total cost to be paid abroad by the company is estimated to be about HK $390.00 million, including the indicative total consideration of the H-share repurchase offer with a total amount of about HK $382.57 million, representing the lowest offer price of HK $10.89 per H-share, That is, if an H-share repurchase offer is made, the offer price will not be less than HK $10.89 per H-share. The company will register the above estimated amount with the relevant Chinese regulatory authorities.
As of the date of this announcement, the company is preparing the information required for foreign exchange registration for this H-share repurchase and delisting plan. The board of directors of the company has not implemented the terms of the H-share repurchase offer, nor has it formed or signed any legal documents. Limited by the company’s internal approval procedures and the approval or registration requirements of relevant domestic and foreign government authorities and regulatory agencies, there is still uncertainty about this H-share repurchase and delisting.
The company will timely disclose the relevant plans and progress of this H-share repurchase and delisting in accordance with the laws, regulations and regulatory regulations of China (only for the purpose of this announcement, excluding Hong Kong Special Administrative Region of China, Macao Special Administrative Region of China and Taiwan region) and Hong Kong Special Administrative Region of China. According to Article 3.7 of the rules of the Hong Kong takeover code, the company has published the monthly update announcement under article 3.7 of the takeover code on the progress of the H-share repurchase and delisting plan on January 13, 2022 and February 11, 2022. For more information about these announcements, please refer to the disclosure website of the Hong Kong Stock Exchange and the company’s website. The information disclosure media designated by the company are securities times, China Securities News, Shanghai Securities News, securities daily and http://www.cn.info.com.cn, The information about the company’s A-Shares and the listing place of A-Shares shall be subject to the information published in the above designated media. Please invest rationally, pay attention to investment risks and pay attention to the relevant announcements issued by the company in time.
It is hereby announced.
Lanzhou Zhuangyuan Pasture Co.Ltd(002910) board of directors February 11, 2022
