Securities code: 600527 securities abbreviation: Jiangsu Jiangnan High Polymer Fiber Co.Ltd(600527) No.: pro 2022-005 Jiangsu Jiangnan High Polymer Fiber Co.Ltd(600527)
Announcement on short-term trading and apology of shareholders of the company
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.
Jiangsu Jiangnan High Polymer Fiber Co.Ltd(600527) (hereinafter referred to as “the company”) received the explanation and apology statement on the composition of short-term trading of shares issued by Mr. Ye Jinyou, the shareholder of the company, on February 24, 2022. Because Mr. Ye Jinyou did not understand the securities law and trading rules, he bought and sold the company’s shares from January 26, 2022 to February 15, 2022, The above transactions constitute short-term transactions, and the relevant matters are disclosed as follows:
1、 Description of this short-term transaction
1. Description of shareholding before this operation
As of January 25, 2022, Mr. Ye Jinyou held 90930361 shares of the company, accounting for 5.25% of the total shares of the company.
2. Description of this short-term transaction
After investigation, Mr. Ye Jinyou bought 16739640 shares of the company from January 27, 2022 to February 15, 2022, and sold 534100 shares and 868400 shares of the company on February 11, 2022 and February 15, 2022 respectively. The above trading behavior violates Article 47 of the securities law of the people’s Republic of China and article 3.1.8 of the Listing Rules of Shanghai Stock Exchange, and constitutes short-term trading. After verification with Mr. Ye Jinyou, Mr. Ye Jinyou found the above improper operation, actively cooperated with the company to deal with it, and issued the statement of explanation and apology on stock trading.
Details of Mr. Ye Jinyou’s trading of the company’s shares:
Transaction time transaction behavior transaction quantity (shares) transaction price transaction amount (yuan) (yuan / share)
Purchase on January 27, 2022 5355960 2.23 11954668.13
Purchase on January 28, 2022 344900 2.23 769218.09
Buy 100 2.31 236.00 on February 7, 2022
Purchase on February 8, 2022 448720 2.36 1059105.87
Purchase 796000 2.36 1878784.75 on February 9, 2022
Purchase on February 10, 2022 4748860 2.37 11256114.05
February 11, 2022 sold 534100 2.38 1271158.00
Purchase 4055100 2.37 9611738.06 on February 11, 2022
Purchase 990000 2.37 2346580.59 on February 14, 2022
February 15, 2022 sold 868400 2.40 2084160
Mr. Ye Jinyou bought 11694540 shares of the company from January 27, 2022 to February 10, 2022, with an average transaction price of 2.302 yuan / share and a transaction amount of 26918126.89 yuan.
Mr. Ye Jinyou bought 16739640 shares of the company from January 27, 2022 to February 14, 2022, with an average transaction price of 2.322 yuan / share and a transaction amount of 2081826.21 yuan.
Mr. Ye Jinyou sold 534100 shares of the company on February 11, 2022, with an average transaction price of 2.38 yuan / share and a transaction amount of 1271158.00 yuan; 868400 shares of the company were sold on February 15, 2022, with an average transaction price of 2.40 yuan / share and a transaction amount of 2084160 yuan;
The above trading behavior violates Article 47 of the securities law of the people’s Republic of China and article 3.1.8 of the Listing Rules of Shanghai Stock Exchange, and constitutes short-term trading. After verification with Mr. Ye Jinyou, Mr. Ye Jinyou found the above improper operation, actively cooperated with the company to deal with it, and issued the statement of explanation and apology on my trading of shares.
2、 The handling of this short-term transaction and the measures taken by the company
After learning about the matter, the company attached great importance to it and timely checked the relevant situation with Mr. Ye Jinyou, who also actively cooperated and took the initiative to correct it. The handling of this matter and the measures taken are as follows:
According to Article 44 of the Securities Law: “Shareholders, directors, supervisors and senior managers of listed companies and companies whose shares are traded on other national securities exchanges approved by the State Council who hold more than 5% of the shares sell their shares or other equity securities of the company within six months after they buy them, or buy them again within six months after they sell them, and the proceeds therefrom belong to the company If the company is owned by the company, the board of directors of the company shall recover its income. “
According to the above provisions, Mr. Ye Jinyou’s income from this short-term exchange shall be recovered by the board of directors of the company, and the income from this exchange is 103427.14 yuan. {(the average selling price is 2.380 yuan / share – the average buying price is 2.302 yuan / share) × 534100 shares + (average selling price 2.400 yuan / share – average buying price 2.322 yuan / share) × 868400 shares -5440.21 (stamp duty) -64.99 (transfer fee) -462.66 (Commission) = 103427.14 yuan}. Mr. Ye Jinyou is willing to hand over the above transaction income of 103427.14 yuan to the board of directors of the company in accordance with relevant regulations.
3、 Mr. Ye Jinyou’s apology and related statement
Mr. Ye Jinyou has deeply recognized the seriousness of this transaction and sincerely apologized to the company and the majority of investors for this behavior. He will strengthen the study of relevant laws, regulations and normative documents, strictly regulate the behavior of buying and selling stocks, operate prudently, and confirm carefully in the operation of the securities trading system, And will consciously abide by the provisions of Article 47 of the Securities Law on the prohibition of short-term trading, and take more measures to prevent and control trading errors in Shanghai Topcare Medical Services Co.Ltd(600532) trading to prevent such situations from happening again.
Mr. Ye Jinyou promises: the proceeds from this improper operation will be handed over to the board of directors of the company, and will not buy or sell the company’s shares within 6 months from the date of disclosure of this announcement. At the same time, he will abide by the company law, the securities law and relevant laws and regulations, the rules and normative documents of the CSRC, and the restrictive provisions on share transfer in the rules of Shanghai Stock Exchange. At the same time, we will continue to fulfill other commitments.
Mr. Ye Jinyou’s above-mentioned trading behavior did not occur during the sensitive period of the company’s disclosure of periodic reports, there was no trading of the company’s shares due to learning of insider information, and there was no purpose of using short-term trading to seek benefits.
4、 Other
The company will require relevant personnel to consolidate and study the stock listing rules of Shanghai Stock Exchange, several provisions on the reduction of shares held by major shareholders, directors, supervisors and senior managers of listed companies, and the implementation rules for the reduction of shares held by shareholders, directors, supervisors and senior managers of listed companies of Shanghai Stock Exchange Relevant laws, regulations and normative documents such as the guidelines for the supervision of listed companies No. 4 – commitments of listed companies and their related parties shall operate prudently in strict accordance with relevant provisions to prevent such incidents from happening again.
It is hereby announced.
Jiangsu Jiangnan High Polymer Fiber Co.Ltd(600527) board of directors
February 25, 2022
