Securities code: 000626 securities abbreviation: Grand Industrial Holding Co.Ltd(000626) Announcement No.: 2022-015
Grand Industrial Holding Co.Ltd(000626)
Announcement on the progress of more than half of the company’s directors in implementing the share reduction plan
Mr. Xu Qiang 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.
Grand Industrial Holding Co.Ltd(000626) (hereinafter referred to as the company) was published in China Securities Journal, securities times and cninfo on January 5, 2022（ http://www.cn.info.com.cn. ）The pre disclosure announcement on the reduction of shares held by directors of the company was disclosed. Mr. Xu Qiang, vice chairman and vice president of the company, plans to reduce 1080000 shares of the company held by him in the form of centralized bidding transaction within six months after 15 trading days from the date of disclosure of the reduction plan, accounting for 24.8822% of the shares held by him, Accounting for 0.2122% of the total share capital of the company.
The company has recently received a written statement from Mr. Xu Qiang on the reduction of shares. As of February 22, 2022, the company has reduced a total of 1 million shares of the company, and more than half of the shares have been reduced in the implementation of this reduction plan. The details are as follows:
1、 Shareholder reduction
1. Share reduction by shareholders
Average price of reduction number of shares reduced proportion of reduction shareholder name reduction method reduction period
(yuan / share) (10000 shares) (%)
January 26, 2022 20.91 25 0.0491
Centralized bidding transaction January 27, 2022 20.17 25 0.0491
February 22, 2022 20.11 50 0.0982 Xu Qiang
Block transactions – 0
Other methods – 0
Total – 20.32 100 0.1965
The shares reduced this time come from the non-public offering shares of the company and the shares obtained due to the implementation of the equity distribution plan. The reduction price range is 20.02 yuan / share – 21.19 yuan / share.
2. Shareholding of shareholders before and after this reduction
Shares held before this reduction and shares held after this reduction
Name of shareholder nature of shares proportion of shares in total share capital proportion of shares in total share capital (10000 shares) (%) (10000 shares) (%)
Total shares held 434.0457 0.8528 334.0457 0.6564
Of which:
Xu Qiang 434.0457 0.8528 334.0457 0.6564 shares with unlimited sales conditions
Shares with limited sales conditions 0
2、 Other relevant instructions
1. Mr. Xu Qiang promises to abide by 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. During his tenure as a director and senior manager, the shares transferred each year shall not exceed 25% of the total shares of the company held by him. During his tenure, Mr. Xu Qiang strictly abided by the above provisions and did not buy or sell the company’s shares in violation of the above provisions.
2. The implementation of this reduction plan complies with the provisions of relevant laws, regulations, rules and business rules of Shenzhen Stock Exchange, and is consistent with the previously disclosed intention and reduction plan.
3、 Documents for future reference
Description of shareholding reduction of relevant shareholders.
It is hereby announced.
Grand Industrial Holding Co.Ltd(000626) board of directors
February 24, 2002
