Caissa Tosun Development Co.Ltd(000796) : Announcement on the implementation of share reduction by persons acting in concert of controlling shareholders and the reduction of more than 1% of shares

Securities code: 000796 securities abbreviation: Caissa Tosun Development Co.Ltd(000796) Announcement No.: 2022-004 bond Code: 112532 bond abbreviation: 17 Caesar 03

Caissa Tosun Development Co.Ltd(000796)

Implementation of share reduction by persons acting in concert with controlling shareholders

And the announcement of reducing shares by more than 1%

There is no misrepresentation, omission or misleading information provided by the company to the partnership.

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. Caissa Tosun Development Co.Ltd(000796) (hereinafter referred to as “the company”) disclosed the pre disclosure announcement on the reduction of shares held by persons acting in concert by controlling shareholders (Announcement No.: 2021-086) on January 1, 2022, Hainan Caesar excellence enterprise management partnership (limited partnership) (hereinafter referred to as “Caesar excellence”) plans to reduce its holdings of no more than 15500000 shares of the company in the form of centralized bidding transaction or block transaction within the next six months from the date of announcement, that is, the reduction shall not exceed 1.93% of the total share capital of the company.

The company received the notice from Caesar excellence on February 15, 2022. According to the reduction plan released in the early stage, the company has recently reduced 11.7 million shares of the company in the form of centralized bidding and block trading, accounting for 1.46% of the total share capital of the company. The number of shares reduced has exceeded half and the number of shares reduced has exceeded 1% of the total shares of the company. In accordance with the provisions on the reduction of shares held by shareholders, directors, supervisors and senior managers of listed companies and the detailed rules for the implementation of the reduction of shares held by shareholders, directors, supervisors and senior managers of Listed Companies in Shenzhen Stock Exchange, the implementation of the reduction plan is hereby announced as follows:

1、 Shareholder reduction

1. Share reduction by shareholders

Shareholder name reduction method number of shares (shares) reduction average price reduction proportion during reduction period (yuan / share)

Centralized bidding January 26, 2022 7550000 9.11 0.94% Caesar excellence – February 14, 2022

Block trading 4150000 11.83 0.52% on February 14, 2022

Total 11700000 10.08 1.46%

2. Share reduction and related sources

The share reduction was obtained by Caesar excellence through the share transfer between the controlling shareholders acting in concert

The bulk transferee of sub shares shall continue to comply with the regulations on the reduction of shares held by shareholders, directors, supervisors and senior managers of listed companies

Regulations, detailed rules for the implementation of share reduction by shareholders, directors, supervisors and senior managers of listed companies on Shenzhen Stock Exchange

Relevant regulations. This reduction is the first time since the controlling shareholders and their persons acting in concert disclosed the announcement of changes in equity

Second reduction.

2、 Shareholding of shareholders before and after this reduction

Shares held before the reduction name of shareholders holding shares after the reduction number of shares in nature shares in total shares number of shares in total shares (shares) principal proportion (%) (%)

Total shares held 15500000 1.93 3800000 0.47

Caesar excellence, including: shares with unlimited sales conditions 15500000 1.93 3800000 0.47

Shares with limited sales conditions 0

3、 Description of the situation where the number of shares reduced exceeds 1%

1. Basic information

Information disclosure obligor: Hainan Caesar excellence enterprise management partnership (limited partnership)

Address: room 3-618, No. C-3, Keji Avenue, national high tech Industrial Development Zone, Haikou City, Hainan Province

Change time of Equity: February 14, 2022

Stock abbreviation Caissa Tosun Development Co.Ltd(000796) stock code 000796

Change type

(increase □ decrease √ persons acting in concert √ none □

(optional)

Whether it is the largest shareholder or actual controller yes □ no √

2. Changes in equity this time

Type of shares (A shares, B shares, etc.) number of shares (shares) reduction proportion

RMB ordinary shares (centralized bidding) 7550000 0.94%

RMB ordinary shares (block trading) 4150000 0.52%

Total 11700000 1.46%

The way of this equity change is through the centralized trading of the stock exchange √

(multiple choices) block trading through stock exchange √

Others □ (please specify)

Self owned funds □ bank loans □

The capital source of this share increase is loans from other financial institutions □ shareholder investment □

(multiple choices are allowed) others □ (please specify)

Not involving the source of funds √

3. Shares of listed companies owned by investors and persons acting in concert before and after the change

Shares held before this change shares held after this change

Nature of shares in total share capital proportion of shares in total share capital proportion of shares

Caesar Sega Tourism Management Consulting Co., Ltd

Caesar excellence 15500000 1.93% 3800000 0.47%

Xinyu Jiuxing investment management center 11000000 1.37%

(limited partnership)

Xinyu Baiming investment management center 6400000 0.80%

(limited partnership)

Ma Yiwen holds 0.03% of 237400 shares in total

Including: shares with unlimited sales conditions 59350 0.01% 59350 0.01%

Shares with limited sales conditions 178050 0.02% 178050 0.02%

Total shares held by persons acting in concert: 211551488 26.35% 199851488 24.89%

Including: shares with unlimited sales conditions: 211373438 26.32% 199673438 24.87%

Shares with limited sales conditions 178050 0.02% 178050 0.02%

4. Implementation of commitments, plans, etc

Yes √ no □

On January 1, 2022, the company disclosed the pre disclosure announcement on the reduction of shares held by the controlling shareholder acting in concert (Announcement No.: 2021-086) on cninfo.com, Caesar excellence plans to reduce this change by means of centralized bidding transaction or block transaction in the next six months. Is this change to fulfill the commitment and intention of reducing the company’s shares by no more than 15500000 shares, that is, reducing the company’s total share capital by no more than 1.93%.

As of the disclosure date of this announcement, Caesar excellence has cumulatively reduced its holdings of 11.7 million shares of the company in the form of centralized bidding and block trading in accordance with the previously released reduction plan, accounting for 1.46% of the total share capital of the company, and the amount of reduction is within the scope of the disclosed reduction plan, The reduction plan has not been completed. The implementation of the above share reduction is consistent with the previously disclosed reduction plan.

Is there any violation of the securities law and the income of Listed Companies in this change

Purchase management measures and other laws, yes □ no √

Administrative regulations and departmental rules. If yes, please explain the specific situation of violations, rectification plan and treatment measures. Normative documents and the business rules of the exchange

5. Shares with restricted voting rights

According to Article 60 of the securities law, yes □ no √

Whether the provisions of Article 3 exist. If so, please explain the proportion of the corresponding number of shares in the share capital of the existing listed company. Non voting shares 6 Description of shares increased by more than 30% of shareholders (if applicable)

Not applicable

4、 Other instructions

1、 The implementation of this share reduction plan complies with the company law of the people’s Republic of China, the securities law of the people’s Republic of China, the stock listing rules of Shenzhen Stock Exchange, the self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 1 – standardized operation of listed companies on the main board, and some provisions on share reduction by shareholders, directors and supervisors of listed companies There is no violation of the above provisions in the detailed rules for the implementation of share reduction by shareholders, directors, supervisors and senior managers of listed companies of Shenzhen Stock Exchange and other relevant laws, regulations and normative documents.

2. The share reduction has been disclosed in advance in accordance with relevant regulations. As of the disclosure date of this announcement, the actual number of shares reduced does not exceed the number of shares planned to be reduced, and the reduction plan has not been implemented yet. The company will continue to pay attention to the follow-up progress of Caesar excellence reduction plan, and fulfill the obligation of information disclosure in a timely manner and in accordance with the law. Relevant information of the company shall be disclosed by the company in designated media such as China Securities News, securities times, Shanghai Securities News and cninfo (www.cn. Info. Com. CN.) The relevant announcement published on the website shall prevail. Please pay attention to the relevant announcement and pay attention to the investment risk.

5、 Documents for future reference

Notice of Caesar excellence on the implementation progress of Caissa Tosun Development Co.Ltd(000796) stock reduction plan

It is hereby announced.

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