Stock Code: 605366 securities abbreviation: Jiangxi Hungpai New Material Co.Ltd(605366) Announcement No.: 2022-021 Jiangxi Hungpai New Material Co.Ltd(605366)
Announcement on the completion of share repurchase and share change
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents. 1、 Review and approval of repurchase and contents of repurchase plan
Jiangxi Hungpai New Material Co.Ltd(605366) (hereinafter referred to as “the company”) held the 8th meeting of the second board of directors of the company on December 20, 2021, deliberated and adopted the proposal on share repurchase scheme by centralized bidding transaction, and agreed that the company would use its own funds to repurchase shares of the company by centralized bidding transaction for the implementation of employee stock ownership plan; The price of repurchased shares shall not exceed RMB 20 / share (inclusive); The total amount of share repurchase funds shall not be less than 30 million yuan (inclusive) and not more than 60 million yuan (inclusive); The term of share repurchase shall be within 12 months from the date when the board of directors of the company deliberates and approves the repurchase plan. For details, please refer to the website of Shanghai Stock Exchange (www.sse. Com. CN.) on December 22, 2021 The disclosed announcement of Jiangxi Hungpai New Material Co.Ltd(605366) on share repurchase scheme by centralized bidding transaction (Announcement No.: 2021-071) and the supplementary announcement of Jiangxi Hungpai New Material Co.Ltd(605366) on share repurchase scheme by centralized bidding transaction (Announcement No.: 2021-072); Disclosed on the website of Shanghai Stock Exchange (www.sse. Com. CN.) on December 31, 2021 The Jiangxi Hungpai New Material Co.Ltd(605366) report on repurchase of shares through centralized bidding transaction (Announcement No.: 2021-075). 2、 Implementation of repurchase
(I) on January 7, 2022, the company implemented the first share repurchase by means of centralized bidding transaction. For details, see the website of Shanghai Stock Exchange (www.sse. Com. CN.) on January 8, 2022 The Jiangxi Hungpai New Material Co.Ltd(605366) announcement on the first repurchase of shares by means of centralized bidding transaction (Announcement No.: 2022-003) disclosed.
(II) as of February 21, 2022, the total number of shares repurchased by the company through centralized bidding transaction is 3300000, accounting for 0.99% of the total share capital of the company. The maximum price of repurchase is 14.15 yuan / share, the minimum price of repurchase is 12.58 yuan / share, the average repurchase price is 13.42 yuan / share, and the total amount paid is 44296633.00 yuan (excluding stamp duty, transaction commission and other transaction expenses). The share repurchase plan has been implemented and complies with the provisions of relevant laws and regulations and the company’s established share repurchase plan.
(III) there is no difference between the actual implementation of the repurchase plan and the originally disclosed repurchase plan, and the company has completed the repurchase according to the disclosed plan.
(IV) the funds used in this share repurchase are the company’s own funds. The implementation of this repurchase plan will not have a significant impact on the company’s operation, financial status and future development, change the company’s control and affect the company’s listing status. 3、 Trading of shares by relevant entities during the repurchase period
On December 22, 2021, the company disclosed the announcement of share repurchase plan for the first time. For details, see Jiangxi Hungpai New Material Co.Ltd(605366) announcement on share repurchase plan by centralized bidding transaction (Announcement No.: 2021-071) and Jiangxi Hungpai New Material Co.Ltd(605366) supplementary announcement on share repurchase plan by centralized bidding transaction (Announcement No.: 2021-072). According to the internal verification of the company, from the date when the company first disclosed the repurchase of shares to the day before the disclosure of this announcement, the controlling shareholders, actual controllers, directors, supervisors, senior managers, controlling shareholders and actual controllers of the company did not buy or sell the company’s shares. 4、 Statement of changes in shares
The number of shares repurchased this time is 3300000, accounting for about 0.99% of the current total share capital of the company, all of which are deposited in the special securities account for share repurchases of the company. The changes of the company’s share capital structure before and after the share repurchase are as follows:
Share types before and after the repurchase (as of February 21)
Proportion of number of shares (shares) to total share capital proportion of number of shares (shares) to total share capital
Shares with limited sales conditions 170226870 51.27%
Shares without sale conditions 161773130 48.73%
Including: 0.00% of repurchase special certificate 3300000 0.99%
Coupon account
Total shares 332000000 100.00% 332000000 100.00%
5、 Disposal arrangement of repurchased shares
The total number of shares repurchased by the company this time is 3300000, which is currently deposited in the special securities account for share repurchase of the company. Before the transfer of the repurchased shares, the repurchased shares shall not enjoy the relevant rights such as profit distribution, conversion of provident fund into share capital, additional issuance of new shares and allotment of shares, pledge, voting rights at the general meeting of shareholders and so on. According to the share repurchase plan, all the shares repurchased this time will be used to implement the company’s employee stock ownership plan. If the company fails to use the repurchased shares within 36 months after the implementation of share repurchase, the unused repurchased shares will be cancelled, and the subsequent company will timely perform the disclosure obligation according to the specific implementation.
It is hereby announced.
Jiangxi Hungpai New Material Co.Ltd(605366) board of directors February 25, 2022
