Securities code: Boc International (China) Co.Ltd(601696) securities abbreviation: Boc International (China) Co.Ltd(601696) Announcement No.: 2022004 Boc International (China) Co.Ltd(601696)
Announcement on the progress of reducing shares held by shareholders holding more than 5% of the original shares
The board of directors, all directors and relevant shareholders 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. Important content tips:
Basic information of shareholders' shareholding
Prior to the implementation of the reduction plan, Shanghai Financial Development Investment Fund (limited partnership) (hereinafter referred to as "financial development fund") held 152037895 shares of Boc International (China) Co.Ltd(601696) (hereinafter referred to as "the company"), which accounted for 5.47% of the total share capital of the company. The above shares are the shares obtained by the financial development fund before the company's initial public offering of a shares, and will be listed and circulated from February 26, 2021. As of February 28, 2022, the financial development fund held 119006909 shares of the company's non tradable shares, accounting for 4.28% of the company's total share capital.
Progress of share reduction plan
On October 15, 2021, the company disclosed the announcement on the share reduction plan of shareholders holding more than 5% (Announcement No.: 2021062). Due to the needs of its own capital arrangement, the financial development fund, It is proposed to reduce the total shares of the company by block trading within 6 months after 3 trading days from the date of announcement and / or by centralized bidding within 6 months from November 29, 2021, not more than 152037895 shares, not more than 5.47% of the total share capital of the company.
As of February 28, 2022, the financial development fund reduced 19696586 shares of the company through centralized bidding, accounting for 0.71% of the total share capital of the company; Reduce 13334400 shares of the company through block trading, accounting for 0.48% of the total share capital of the company; A total of 33030986 shares of the company were reduced, accounting for 1.19% of the total share capital of the company. The share reduction plan has been implemented for more than half of the time through centralized bidding, and the share reduction plan has not been completed.
1、 Basic information of the reducing entity before the reduction
Number of shares held
Shareholder name shareholder identity shareholding proportion current shareholding source
(shares)
More than 5% of the financial development fund is not obtained before the largest IPO:
Shareholders 1520378955.47% 152037895 shares
The above reduction subjects have no concerted action.
2、 Implementation progress of share reduction plan
(I) shareholders disclose the implementation progress of the reduction plan for the following reasons:
The reduction time is more than half
Reduction price current number of shareholders reduction total amount of reduction current number of shares
During the reduction period, the reduction method is the interval shareholding name (share) proportion (yuan) quantity (share)
(yuan / share) ratio
Financial centralized bidding on October 28, 2021
eleven point six six
Development of 330309861.19% ～ transaction and bulk 43191965146119069094.28% - 14.60%
Fund transactions on January 13, 2022
Note:
1. According to the reduction plan, the financial development fund accumulatively reduces the shares of the company through centralized bidding trading
19696586 shares, accounting for 0.71% of the total share capital of the company. The reduction price range is 13.46-14.60 yuan / share
The holding amount is 27644054746 yuan.
2. According to the reduction plan, the financial development fund accumulatively reduces the shares of the company through block trading
13334400 shares, accounting for 0.48% of the total share capital of the company. The reduction price is 11.66 yuan / share
15547910400 yuan.
(II) whether the reduction is consistent with the plans and commitments previously disclosed by major shareholders or directors, supervisors and senior executives
√ yes □ no
(III) whether the listed company has disclosed major issues such as high transfer or planning merger and reorganization within the reduction time period
□ yes √ no
(IV) impact of this reduction on the company
This reduction will not lead to changes in the company's control and will not have an impact on the company's governance structure and sustainable operation. (V) other matters required by the exchange
The share reduction plan has not been implemented yet. The company will continue to pay attention to the follow-up progress and implementation of the share reduction plan of the financial development fund, and fulfill the obligation of information disclosure in time according to relevant regulations.
3、 Relevant risk tips (I) uncertain risks of the implementation of the reduction plan, such as the preconditions and restrictive conditions for the implementation of the plan, as well as the specific conditions for the achievement or elimination of relevant conditions, etc
The reduction plan is decided by the financial development fund according to its own capital arrangement. During the reduction period, the financial development fund will choose whether to implement and how to implement the reduction plan according to market conditions, stock prices of listed companies and other factors. The reduction time, reduction quantity and price are uncertain. (II) whether the implementation of the share reduction plan will lead to the risk of change in the control of the listed company □ yes √ no (III) other risks
The plan and implementation of this reduction do not violate the company law of the people's Republic of China, the securities law of the people's Republic of China, the measures for the administration of the acquisition of listed companies, and several provisions on the reduction of shares by shareholders and directors, supervisors and senior managers of listed companies (CSRC announcement [2017] No. 9) Circumstances stipulated by laws, administrative regulations, departmental rules and normative documents such as the detailed rules for the implementation of share reduction by shareholders, directors, supervisors and senior managers of listed companies on Shanghai Stock Exchange, the stock listing rules of Shanghai Stock Exchange, etc. The company will continue to pay attention to the follow-up implementation of the above reduction plan and fulfill the obligation of information disclosure in a timely manner.
It is hereby announced.
Boc International (China) Co.Ltd(601696) board of directors March 2, 2022
