Securities code: Guangdong Tianhe Agricultural Means Of Production Co.Ltd(002999) securities abbreviation: Guangdong Tianhe Agricultural Means Of Production Co.Ltd(002999) Announcement No.: 2022008 Guangdong Tianhe Agricultural Means Of Production Co.Ltd(002999)
About the share increase plan of directors and senior managers of the company
Progress announcement in half the time
The directors and senior managers of the company, Mr. Liu Yi, Mr. Ke Yingying, Mr. Yao Weiying, Mr. Xu Zhigang and Mr. Qiu Junwei, guarantee 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.
Special tips:
Guangdong Tianhe Agricultural Means Of Production Co.Ltd(002999) (hereinafter referred to as “the company”) received the plan letter on increasing the shares of the company from the directors and senior managers of the company, Mr. Liu Yi, Mr. Ke Yingying, Mr. Yao Weiying, Mr. Xu Zhigang and Mr. Qiu Junwei on November 29, 2021. The above-mentioned personnel plan to increase their holdings of the company’s shares through centralized bidding trading in Shenzhen Stock Exchange, and the total amount to be used for the increase is RMB 2.5 million to RMB 4.95 million. For details, please refer to the company’s announcement on cninfo.com on November 30, 2021（ http://www.cn.info.com.cn. ）Announcement on the share increase plan of the company’s directors and senior managers (Announcement No.: 2021061).
On February 28, 2022, the company received the notification letter on the implementation progress of the share increase plan of the company (hereinafter referred to as the “notification letter”) issued by Mr. Liu Yi, Mr. Ke Yingying, Mr. Yao Weiying, Mr. Xu Zhigang and Mr. Qiu Junwei respectively. According to the self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 10 – management of share changes and other relevant provisions, as of the date of issuance of the notification letter, the time of the share increase plan has passed half. Now the progress of the share increase plan is announced as follows:
1、 Basic information of the entities planning to increase their holdings
1. The increase subjects are Mr. Liu Yi, Mr. Ke Yingying, Mr. Yao Weiying, Mr. Xu Zhigang and Mr. Qiu Junwei (hereinafter referred to as the “increase subjects”).
2. As of the disclosure date of the announcement, the details of the shares held by the increased holding subject are as follows:
Serial number name position number of shares (shares) shareholding ratio (%)
1 Chairman Liu Yi 8400000.24
2 Ke Yingying, director and general manager 5 Shanghai Pudong Development Bank Co.Ltd(600000) .16
3 Yao Weiying, director and deputy general manager 8400000.24
4 Xu Zhigang, deputy general manager 8400000.24
5 Qiu Junwei, deputy general manager 8400000.24
Total 39200001.12
3. In addition to the shareholding increase plan, the shareholding increase subject has not disclosed the shareholding increase plan within 12 months before the announcement.
4. The entities planning to increase their holdings did not reduce their holdings of the company’s shares within 6 months before the announcement.
2、 Main contents of the shareholding increase plan
1. The purpose of this share increase: Based on confidence in the future development prospects of the company and reasonable judgment on the value of the company’s shares.
2. The capital source of this increase: self owned funds and self raised funds.
3. Amount of shares increased this time: the total amount of shares to be increased by the increase subject shall not be less than RMB 2.5 million and not more than RMB 4.95 million.
S / N name position increase amount lower limit increase amount upper limit
(10000 yuan) (10000 yuan)
1 Chairman Liu Yi 50 99
2 Ke Yingying, director and general manager 50 99
3 Yao Weiying, director and deputy general manager 50 99
4 Xu Zhigang, deputy general manager 50 99
5 Qiu Junwei, deputy general manager 50 99
Total 250495
4. The price range of this increase in shares: no price range is set, and the increase plan will be implemented according to the overall change trend of the market and the fluctuation of the company’s stock trading price.
5. The way of increasing shares this time: centralized bidding transaction.
6. The implementation period of this shareholding increase plan: the shareholding increase will be completed within the next 6 months from the date of announcement of the shareholding increase plan (except for the period during which the shareholding increase is not allowed by laws, regulations and business rules of Shenzhen Stock Exchange). During the implementation of the share increase plan, if the trading of the company’s shares is suspended, the period of share increase can be postponed, and whether the implementation is postponed shall be disclosed in time.
7. This increase is not based on the specific identity of the increase subject. If the specific identity is lost, this increase plan will continue to be implemented.
8. The share increase plan will be implemented in accordance with the provisions of relevant laws and regulations. During the increase period and within six months after the completion of the increase plan, the increase subject will not take the initiative to reduce the company’s shares.
3、 Progress of shareholding increase plan
As of the date of disclosure of this announcement, the increase subject has not increased the company’s shares due to market fluctuations and individual increase fund-raising. During the subsequent increase plan period, the increase subject will implement the increase plan in strict accordance with the relevant requirements of laws and regulations and fulfill the obligation of information disclosure in time.
4、 Uncertainty in the implementation of the shareholding increase plan
The implementation of the shareholding increase plan may have the risk that the shareholding increase plan cannot be implemented due to changes in capital market conditions and other factors, and there may be the risk that the implementation of the shareholding increase plan will be delayed or impossible due to the failure of the shareholding increase funds to be in place in time.
If the above-mentioned risk situations occur during the implementation of the shareholding increase plan, the company will timely perform the obligation of information disclosure.
5、 Other instructions
1. This increase complies with relevant laws and administrative regulations such as the company law, the securities law, the measures for the administration of the acquisition of listed companies, the rules for the administration of the shares of the company held by the directors, supervisors and senior managers of listed companies and their changes, and the self regulatory guidance No. 10 of listed companies of Shenzhen Stock Exchange – management of share changes Provisions of departmental rules and normative documents.
2. This increase will not lead to the company’s equity distribution not meeting the listing conditions, nor will it lead to changes in the company’s controlling shareholders and actual controllers, and will not have a significant impact on the corporate governance structure.
3. The implementation of this shareholding increase plan will strictly comply with relevant laws and regulations, as well as relevant provisions of China Securities Regulatory Commission and Shenzhen Stock Exchange on equity changes of listed companies, sensitive period of stock trading and short-term trading, and will not transfer the shares of the company within 6 months after the completion of the shareholding increase.
4. The company will continue to pay attention to the implementation of the subsequent increase of the company’s shares held by the implementation subject, and timely perform the obligation of information disclosure in accordance with relevant regulations.
6、 Documents for future reference
Notification letter on the implementation progress of the share increase plan of the company issued by Mr. Liu Yi, Mr. Ke Yingying, Mr. Yao Weiying, Mr. Xu Zhigang and Mr. Qiu Junwei respectively.
It is hereby announced.
Guangdong Tianhe Agricultural Means Of Production Co.Ltd(002999) board of directors March 2, 2022
