Securities code: Sinocare Inc(300298) securities abbreviation: Sinocare Inc(300298) Announcement No.: 2022011 bond Code: 123090 bond abbreviation: sannuo convertible bond
Announcement on the progress of repurchasing some 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.
Sinocare Inc(300298) (hereinafter referred to as “the company”) convened the 17th meeting of the 4th board of directors and the 13th meeting of the 4th board of supervisors on July 15, 2021 to review and adopt the proposal on repurchase of some shares of the company. The company plans to use its own funds to repurchase some social public shares issued by the company in the form of centralized bidding transaction for equity incentive, employee stock ownership plan or for converting corporate bonds issued by listed companies that can be converted into shares (hereinafter referred to as “this repurchase”). The total capital of this repurchase shall not exceed 200 million yuan (inclusive) and not be less than 120 million yuan (inclusive), and the price of the repurchased shares shall not exceed 35.00 yuan / share (inclusive). The term of share repurchase shall be within 12 months from the date when the board of directors deliberates and approves the share repurchase plan. The company disclosed the repurchase report (Announcement No.: 2021062) on July 11, 2021, the announcement on the first repurchase of some shares of the company (Announcement No.: 2021064) on July 20, 2021, and the announcement on the progress of repurchase of some shares of the company (Announcement No.: 2021068) on August 3, 2021, The announcement on the progress of repurchasing some shares of the company (Announcement No.: 2021077) was disclosed on September 2, 2021, the announcement on the progress of repurchasing some shares of the company (Announcement No.: 2021083) was disclosed on October 9, 2021, and the announcement on the progress of repurchasing some shares of the company (Announcement No.: 2021094) was disclosed on November 2, 2021, The announcement on the progress of repurchasing some shares of the company (Announcement No.: 2021097) was disclosed on December 3, 2021, the announcement on the progress of repurchasing some shares of the company (Announcement No.: 2022002) was disclosed on January 5, 2022, and the announcement on the progress of repurchasing some shares of the company (Announcement No.: 2022009) was disclosed on February 8, 2022. For details, please refer to cninfo.com (www.cn. Info. Com. CN.) published by the company on the gem information disclosure website designated by the CSRC Relevant announcements on.
1、 Progress in repurchasing shares of the company
According to the relevant provisions of the guidelines on self discipline supervision of listed companies of Shenzhen Stock Exchange No. 9 – share repurchase, the company shall announce the repurchase progress as of the end of last month within the first three trading days of each month during the repurchase period. The progress of the company’s share repurchase is hereby announced as follows:
As of February 28, 2022, the company has repurchased 525078700 shares of the company through the special securities account for share repurchase through centralized bidding transaction, accounting for 0.93% of the total share capital of the company, with the highest transaction price of 29.637 yuan / share, the lowest transaction price of 22.55 yuan / share, and the total transaction amount of 13809575285 yuan (excluding transaction costs). This repurchase complies with the company’s established repurchase plan and the requirements of relevant laws and regulations.
2、 Other instructions
(I) the time for the company to repurchase shares, the number of shares to be repurchased and the entrusted period of centralized bidding transaction shall comply with the relevant provisions of Articles 17, 18 and 19 of the guidelines for self discipline supervision of listed companies of Shenzhen Stock Exchange No. 9 – repurchase of shares.
1. The company has not repurchased its shares within 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 company’s first share repurchase (July 19, 2021) was 140774 million shares. The 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 repurchase of shares (i.e. 3519400 shares).
3. The company’s share repurchase through centralized bidding transaction meets the following requirements:
(1) The entrusted price is lower than the price limited by the trading increase of the company’s shares on that day;
(2) The entrustment of share repurchase is not carried out in the opening call auction of Shenzhen Stock Exchange, within half an hour before the closing and within the trading day when the stock price has no limit on rise or fall;
(3) Other requirements stipulated by the CSRC and Shenzhen Stock Exchange.
(II) the company will continue to implement the repurchase plan during the repurchase period according to the market conditions, and will timely perform the obligation of information disclosure in accordance with the provisions of relevant laws, regulations and normative documents during the repurchase period. Please pay attention to investment risks.
It is hereby announced.
Sinocare Inc(300298) board of directors March 2, 2002
