Securities code: 002364 securities abbreviation: Hangzhou Zhongheng Electric Co.Ltd(002364) Announcement No.: 2022-04 Hangzhou Zhongheng Electric Co.Ltd(002364)
Announcement on the completion of the implementation of the shareholding reduction plan of the company’s directors
Director Zhou Qingjie 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.
Hangzhou Zhongheng Electric Co.Ltd(002364) (hereinafter referred to as “the company”) disclosed the pre disclosure announcement on the plan of directors’ reduction of shares of the company (Announcement No.: 2021-56) on November 17, 2021. Mr. Zhou Qingjie, a director who holds 15954165 shares of the company (accounting for 2.83% of the total share capital of the company), plans to adopt centralized bidding within six months after 15 trading days from the date of the announcement Reduction of no more than 3988541 shares of the company (accounting for 0.71% of the total share capital of the company) through block trading.
On January 25, 2022, the company disclosed the announcement on more than half of the company’s directors’ reduction and the implementation progress of the reduction plan (Announcement No.: 2022-02). As of January 21, 2022, Mr. Zhou Qingjie’s cumulative reduction in this reduction plan has exceeded half.
The company recently received the notification letter on the completion of the implementation of the share reduction plan issued by the director Mr. Zhou Qingjie. As of February 23, 2022, Mr. Zhou Qingjie has reduced his holdings of 3982753 tradable shares with unlimited conditions, and the reduction plan has been implemented in advance. 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 of Shenzhen Stock Exchange, the relevant information is hereby announced as follows:
1、 Shareholder reduction
1. Share reduction by shareholders
Shareholder name reduction method average price of reduction during reduction quantity reduction proportion of reduction (yuan / share) (10000 shares) (%)
2021.12.08 9.91 12 0.02
Zhou Qingjie centralized bidding 2022.01.12 9.20 21.8 0.04
2022.01.17 9.19 107.2536 0.19
2022.01.18 9.26 31.55 0.06
2022.01.19 9.20 26.3 0.05
2022.01.21 8.87 6.78 0.01
2022.01.24 9.015 5.82 0.01
2022.02.17 9.149 2 0.004 2022.02.18 9.235 46.07 0.08
2022.02.21 9.57 48.6016 0.09
2022.02.22 10.002 80.1001 0.14
2022.02.23 9.90 10 0.02
Total — 3982753 0.71
Note: if the mantissa of the total in the above table is inconsistent with the mantissa of the sum of the sub items, it is the reason for rounding.
2. Source of shares: private placement of shares in major asset restructuring, shares transferred due to equity distribution, etc. 3. Reduction price range: 8.86 yuan / share – 10.48 yuan / share.
4. 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 total share capital (10000 shares)
Proportion (%) shares (%)
Total shares held 1595.4165 2.83 1197.1412 2.12
Zhou Qingjie, including: shares with unlimited sales conditions 398.8541 0.71 9.5788 0.02
Shares with limited sales conditions 1196.5624 2.12 1187.5624 2.11
Note: the above shares with limited sales conditions are senior management locked shares. On the first trading day of each year, the legal limit of transferable shares of the current year is calculated at 25% based on the shares of the company listed on the exchange registered in the name of the directors, supervisors and senior managers of the listed company on the last trading day of the previous year. If the mantissa of the total in the above table is inconsistent with the mantissa of the sum of the sub items, it is the reason for rounding.
2、 Other relevant instructions
1. The share reduction plan complies with the provisions of the company law, the securities law, several provisions on share reduction by shareholders, directors, supervisors and senior managers of listed companies, detailed rules for the implementation of share reduction by shareholders, directors, supervisors and senior managers of listed companies of Shenzhen Stock Exchange and other laws, regulations and normative documents.
2. Mr. Zhou Qingjie’s reduction is consistent with the pre disclosed reduction plan, and there is no difference. The actual number of shares reduced does not exceed the number of shares planned to be reduced, and strictly abides by his commitments on share locking and reduction.
3. This share reduction is the normal reduction of shareholders and will not have a significant impact on the corporate governance structure, equity structure and future sustainable operation.
3、 Documents for future reference
1. Notification letter on the completion of the implementation of the share reduction plan issued by Mr. Zhou Qingjie.
It is hereby announced.
Hangzhou Zhongheng Electric Co.Ltd(002364) board of directors
February 25, 2022
