Securities code: 300921 securities abbreviation: Nova Technology Corporation Limited(300921) Announcement No.: 2022-013 Nova Technology Corporation Limited(300921)
Announcement on the implementation progress of shareholding reduction of more than 5% by shareholders
Shenzhen Dongfang Fuhai venture capital enterprise (limited partnership), a shareholder holding more than 5%, guarantees that the information provided to the company is true, accurate and complete without false records, misleading statements or major omissions.
The company and all members of the board of directors guarantee that the contents of the announcement are consistent with the information provided by the information disclosure obligor.
Nova Technology Corporation Limited(300921) (hereinafter referred to as “the company”) disclosed the pre disclosure announcement on the reduction of shares held by shareholders holding more than 5% (Announcement No.: 2022-002) on January 12, 2022. Shenzhen Dongfang Fuhai venture capital enterprise (limited partnership) (hereinafter referred to as “Dongfang Fuhai”), a shareholder holding more than 5% of the company’s shares, plans to reduce no more than 3990000 shares of the company (accounting for no more than 3.03% of the total share capital of the company) by means of centralized bidding trading and block trading.
On February 11, 2022, the company received the notice on the implementation progress of the share reduction plan of Shenzhen Dongfang Fuhai venture capital enterprise (limited partnership) issued by Dongfang Fuhai. During the period from January 18, 2022 to February 11, 2022, Dongfang Fuhai reduced 2072788 shares of the company through centralized bidding transactions and large transactions, accounting for 1.57% of the total share capital of the company. As of February 11, 2022, Dongfang Fuhai has reduced its holdings by more than half. According to relevant regulations, the implementation progress of the share reduction plan is hereby announced as follows: I. Basic information of shareholders’ share reduction
(I) main contents of the share reduction plan
1. Reasons for the proposed reduction of shares: capital requirements for business development;
2. Source of shares held by the company: shares held by the company before its initial public offering;
3. Number and proportion of shares to be reduced: the number of shares to be reduced shall not exceed 3990000, accounting for 3.03% of the total share capital of the company (in case of share changes such as share distribution and conversion of capital reserve to share capital during the period of share reduction, the number of shares to be reduced shall be adjusted accordingly according to the principle of unchanged reduction proportion);
4. Ways of reducing shares: reducing shares through centralized bidding trading and block trading;
5. Period of share reduction: if the shares are reduced through centralized bidding trading, it shall be implemented within 6 months after 15 trading days from the date of disclosure of the pre disclosure announcement of share reduction (i.e. February 10, 2022 to August 10, 2022);
If the shares are reduced through block trading, 6 days after the disclosure of the pre disclosure announcement of the reduction of shares
Implemented within months (i.e. from January 18, 2022 to July 18, 2022).
Dongfang Fuhai has passed the policy filing application of China Securities Investment Fund Industry Association, which is in line with March 6, 2020
Special measures for shareholders of venture capital funds of listed companies to reduce their shares issued by China Securities Regulatory Commission on September
Provisions on the reduction of shareholders of venture capital funds of Listed Companies in Shenzhen Stock Exchange
The special provisions on share reduction in the detailed rules for the implementation of share holding are as follows: as of the date of the company’s initial public offering and listing,
The investment period of Dongfang Fuhai in the company is more than 60 months, and the total number of shares reduced is not limited by proportion.
6. When the price of the company’s holdings is lower than the market price for the first time, the reduction price shall not be determined according to the market price
Issue price of public offering of A-Shares (in case of dividend distribution, share distribution and capital reserve converted into share capital)
The issue price will be adjusted accordingly).
(II) the share reduction of Dongfang Fuhai and the shareholding intention and commitment previously disclosed by the company
Consistent, and there is no violation of relevant intentions and commitments.
2、 Implementation progress of share reduction by shareholders
(I) share reduction by shareholders
Name of shareholder reduction method during the reduction period, the average price of reduction, the number of shares reduced and the proportion of reduction (yuan) (shares) (%)
Centralized bidding transaction February 11, 2022 30.02 92788 0.0705
Shenzhen dongfangfu from January 18, 2022 to
Bulk trading of overseas venture capital enterprises January 27, 2022 24.14 1980000 1.5036
Industry (limited partnership) January 18, 2022 to
Total: February 11, 2022 24.40 2072788 1.5740
Note: the discrepancy between the total number and the mantissa of the sum of the sub item values in the above table is caused by rounding.
(II) changes in shareholding before and after the reduction of shareholders’ shares
Shares held before this reduction and shares held after this reduction
Shareholder name share nature proportion in total share capital number of shares (shares) proportion in total share capital (%) number of shares (shares) (%)
Shenzhen Dongfang Fuhai holds 14526000 shares in total 11.03 12453212 9.46
Venture capital enterprise
(limited partnership), including: shares with unlimited sales conditions 14526000 11.03 12453212 9.46
Shares with limited sales conditions —-
3、 Relevant information description
1. Dongfang Fuhai’s share reduction has been pre disclosed in accordance with the regulations. This reduction is consistent with the disclosed reduction plan, reduction intention and commitment. The actual number of shares reduced does not exceed the planned number of shares, and the reduction plan of Dongfang Fuhai has not been implemented.
2. Dongfang Fuhai is a shareholder holding more than 5% of the company’s shares. The implementation of the share reduction plan will not have a significant adverse impact on the corporate governance structure and sustainable operation, and will not lead to the change of the company’s control.
3、 Dongfang Fuhai’s share reduction did not violate the Listing Rules of GEM stocks of Shenzhen Stock Exchange, the self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 2 – standardized operation of GEM listed companies, and some provisions on share reduction by shareholders, directors, supervisors and senior managers of listed companies The detailed rules for the implementation of share reduction by shareholders, directors, supervisors and senior managers of Listed Companies in Shenzhen Stock Exchange, the special provisions on share reduction by shareholders of venture capital funds of listed companies, the detailed rules for the implementation of share reduction by shareholders of venture capital funds of Listed Companies in Shenzhen Stock Exchange and other laws, regulations and normative documents.
4. The company will continue to pay attention to the implementation progress of the above share reduction plan, and timely fulfill the obligation of information disclosure in accordance with relevant laws and regulations.
4、 Documents for future reference
Notice on the implementation progress of the share reduction plan of Shenzhen Dongfang Fuhai venture capital enterprise (limited partnership).
It is hereby announced.
Nova Technology Corporation Limited(300921) board of directors
February 12, 2002
