Securities code: 002798 securities abbreviation: D&O Home Collection Co.Ltd(002798) Announcement No.: 2022-018 bond Code: 127047 bond abbreviation: Dieu convertible bond
D&O Home Collection Co.Ltd(002798) Group Co., Ltd
Announcement on initial repurchase of shares of the company
The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete without false records, misleading statements or major omissions.
D&O Home Collection Co.Ltd(002798) Group Co., Ltd. (hereinafter referred to as “the company”) held the 26th meeting of the 4th board of directors and the 26th meeting of the 4th board of supervisors on November 1, 2021, and deliberated and adopted the proposal on repurchase of some public shares respectively, It is agreed that the company will use its own funds to repurchase some public shares through centralized bidding in the secondary market, and the repurchased shares will be used to implement the employee stock ownership plan or equity incentive plan. The type of repurchased shares is RMB ordinary shares (A shares) issued by the company, the total amount of repurchased funds is not less than RMB 100 million (inclusive) and not more than RMB 200 million (inclusive), and the price of repurchased shares is not more than RMB 20.68/share (hereinafter referred to as “this repurchase”). The implementation period of this share repurchase is within 12 months from the date when the board of directors of the company deliberates and approves this repurchase plan. The company disclosed the report on share repurchase (Announcement No.: 2021-096) on November 4, 2021. For details, please refer to the company’s designated information disclosure media securities times, Securities Daily, China Securities News, Shanghai Securities News and cninfo (www.cn. Info. Com. CN) Relevant announcements of disclosure.
According to the self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 9 – repurchase of shares and other relevant provisions, the listed company shall disclose the first repurchase of shares on the next day of the first repurchase of shares during the repurchase period. The information of the company’s first repurchase of shares is hereby announced as follows:
1、 Details of the first repurchase of the company’s shares
On February 24, 2022, for the first time, the Company repurchased shares through centralized bidding trading through the special securities account for repurchase. The number of repurchased shares was 370000 shares, accounting for 0.10% of the company’s total share capital, of which the highest transaction price was 12.62 yuan / share, the lowest transaction price was 12.41 yuan / share, and the total transaction amount was 4632526 yuan (excluding transaction costs). This repurchase complies with the company’s established share repurchase plan and the requirements of relevant laws and regulations.
2、 Other instructions
(I) the time, quantity and price of the company’s first share repurchase comply with the relevant provisions of Articles 17, 18 and 19 of the guidelines for self discipline supervision of listed companies on Shenzhen Stock Exchange No. 9 – share repurchase. The details are as follows:
1. The company has not repurchased its shares during the following periods:
(1) If the announcement date is delayed due to special reasons within 10 trading days before the announcement of the company’s annual report and semi annual report, it shall be calculated from the 10 trading days before the original scheduled announcement date;
(2) Within ten trading days before the announcement of the company’s quarterly report, performance forecast and performance express;
(3) From the date of occurrence of major events that may have a significant impact on the trading price of the company’s shares or in the process of decision-making to the date of disclosure according to law;
(4) Other circumstances prescribed by the CSRC.
2. The cumulative trading volume of the company’s shares in the five trading days before the date of the first share repurchase (February 24, 2022) (i.e. February 17-18, February 21-23, 2022) was 18797371 shares. This day is the company’s first share repurchase. The maximum number of shares repurchased by the company every five trading days does not exceed 25% of the cumulative trading volume of the company’s shares in the five trading days before the date of the first share repurchase (i.e. 4699342 shares). 3. The company has not entrusted to buy back shares at the following trading hours:
(1) Opening call auction;
(2) Within half an hour before the closing;
(3) There is no limit to the rise and fall of stock prices.
The price of the company’s shares repurchased this time is lower than the price limited by the trading increase of the company’s shares on the same day.
(II) the company will continue to implement the repurchase plan during the repurchase period according to the market conditions, and fulfill the disclosure obligation in time in strict accordance with the provisions of relevant laws and regulations. Please pay attention to investment risks. It is hereby announced.
Board of directors of D&O Home Collection Co.Ltd(002798) Group Co., Ltd. February 25, 2022
