Securities code: 002999 securities abbreviation: Guangdong Tianhe Agricultural Means Of Production Co.Ltd(002999) Announcement No.: 2022-007 Guangdong Tianhe Agricultural Means Of Production Co.Ltd(002999)
Announcement on the completion of the implementation of the share reduction plan of shareholders
Hengqin Yueke, the shareholder of the company, 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.
Special tips:
Guangdong Tianhe Agricultural Means Of Production Co.Ltd(002999) (hereinafter referred to as “the company” or “the issuer”) received the notification letter on share reduction plan from the company’s shareholder Shenzhen Yueke Xintai Equity Investment Fund Management Co., Ltd. – Hengqin Yueke Xintai special No. 2 equity investment fund (limited partnership) (hereinafter referred to as “Hengqin Yueke”) on October 14, 2021, Hengqin Yueke holds 13566000 shares of the company (accounting for 3.90% of the total share capital of the company), and plans to reduce its holding of no more than 3391500 shares of the company (accounting for 0.98% of the total share capital of the company) by means of centralized bidding transaction or block transaction. For details, please refer to the company’s announcement on cninfo.com on October 16, 2021（ http://www.cn.info.com.cn. ）Announcement on pre disclosure of shareholders’ share reduction (Announcement No.: 2021-052).
On February 14, 2022, the company received the notification letter on the completion of the implementation of the share reduction plan from Hengqin Yueke. As of the date of issuance of the notification letter, in accordance with the provisions on the reduction of shares 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 and other relevant provisions, Hengqin Yueke’s share reduction plan has been completed. The completion of the implementation of the share reduction plan is hereby announced as follows:
1、 Basic information of shareholders
(I) shareholder name: Shenzhen Yueke Xintai Equity Investment Fund Management Co., Ltd. – Hengqin Yueke Xintai special No. 2 equity investment fund (limited partnership)
(II) as of the disclosure date of this announcement, Hengqin Yueke holds 10174500 shares of the company, accounting for the total shares of the company
The share capital ratio is 2.93%.
2、 Implementation of this reduction plan
1. 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) (%)
Hengqin Yueke centralized bidding transaction 7.48 3391500 0.98 from January 4 to February 14, 2022
The source of shares reduced by Hengqin Yueke through centralized bidding trading is the initial public offering of the company
The reduction price of the shares held before listing and the shares obtained by converting the capital reserve into share capital after listing
The range is 7.02 yuan / share – 8.29 yuan / share.
Shares held before this reduction and shares held after this reduction
Name of shareholder share nature proportion in total share capital proportion in total share capital share number (share) (%) proportion in total share capital share number (share) (%)
Total shares held 13566000 3.90 10174500 2.93
Including: 13566000 3.90 10174500 2.93
Hengqin Yueke tradable shares with unlimited sales conditions
Shares with limited sales conditions —-
2. Shareholding before and after this reduction
Note: the discrepancy between the total and the sum of the itemized values in the table is caused by rounding.
3、 Other relevant instructions
1. The implementation of Hengqin Yueke’s share reduction plan is in line with the securities law of the people’s Republic of China and the listing law
Several provisions on the reduction of shares held by shareholders, directors, supervisors and senior executives of the company, Shenzhen Stock Exchange Stock Listing Rules, Shenzhen Stock Exchange
Guidelines for self discipline supervision of Listed Companies in stock exchanges No. 1 – standardized operation of listed companies on the main board
Self regulatory guidelines for listed companies of stock exchange No. 10 – share change management, Shenzhen Stock Exchange
Detailed rules for the implementation of share reduction by shareholders, directors, supervisors and senior managers of listed companies and other laws, regulations and rules
The provisions of the normative documents do not violate the above provisions.
2. The share reduction of Hengqin Yueke has been disclosed in advance in accordance with relevant regulations. The implementation of the share reduction plan is consistent with the previously disclosed share reduction plan and intention, and there is no violation.
3、 The implementation of this reduction plan does not violate the relevant commitments made by Hengqin Yueke in the prospectus for initial public offering and the listing announcement for initial public offering and listing of a shares: “Within two years after the expiration of the above lock-in period, if the promisor intends to reduce its shares, the number of shares to be reduced each year shall not exceed 25% of the total number of shares of the issuer directly and indirectly held by the promisor, and the reduction price shall not be lower than the issue price, on the premise of complying with the relevant provisions of laws, regulations, normative documents and the Listing Rules of the stock exchange (in case of ex rights and ex interests due to the distribution of cash dividends, share distribution, conversion of share capital and other reasons from the issuance and listing to the date of the announcement of share reduction, it shall be handled in accordance with the relevant provisions of the stock exchange) “.
4. Hengqin Yueke is not the controlling shareholder or actual controller of the company. The implementation of this reduction plan will not lead to the change of the company’s control right and will not have a significant impact on the company’s governance structure and sustainable operation.
4、 Documents for future reference
Notification letter on the completion of the implementation of the share reduction plan issued by Hengqin Yueke.
It is hereby announced.
Guangdong Tianhe Agricultural Means Of Production Co.Ltd(002999) board of directors February 16, 2022
