Jinke Property Group Co.Ltd(000656)
Announcement on the progress of repurchasing some public shares
Securities abbreviation: Jinke Property Group Co.Ltd(000656) securities code: Jinke Property Group Co.Ltd(000656) Announcement No.: 2022036 the company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
Jinke Property Group Co.Ltd(000656) (hereinafter referred to as “the company”) deliberated and adopted the proposal on the repurchase of some public shares by the company through centralized bidding at the 9th meeting of the 11th board of directors held on July 12, 2021, and agreed that the company would use its own funds to repurchase some shares of the company through centralized bidding, with the repurchase price not exceeding RMB 7.90/share, The total capital of share repurchase shall not be less than 500 million yuan (including 500 million yuan) and not more than 1 billion yuan (including 1 billion yuan). The implementation period of share repurchase shall be within 12 months from the date when the board of directors deliberates and approves the share repurchase plan.
See the company’s website at http://www.cn.info.com.cn for details of the repurchase plan of some social public shares and the specific progress of the repurchase Relevant announcements published on.
1、 Progress in repurchasing shares of the company
According to the detailed rules on share repurchases by listed companies and the self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 9 – share repurchases (hereinafter referred to as the “repurchase guidelines”), the company shall disclose the progress of share repurchases by the end of last month within the first three trading days of each month. Now the progress of share repurchases by the company is announced as follows:
As of February 28, 2022, the company has repurchased 42697900 shares in the form of centralized bidding transaction through the special securities repurchase account, accounting for about 0.80% of the total share capital of the company. The maximum transaction price is 5.16 yuan / share, the minimum transaction price is 4.03 yuan / share, and the total transaction amount is 18997686840 yuan (excluding transaction costs). This repurchase meets the requirements of the company’s repurchase plan.
2、 Other instructions
1. The time, quantity and price of the company’s share repurchase and the entrusted period of centralized bidding transaction comply with the relevant provisions of Articles 17, 18 and 19 of the repurchase guidelines.
According to the repurchase guidelines and other relevant provisions, the company shall not repurchase 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 (July 21, 2021) (July 14, 2021 to July 20, 2021) was 168143866 shares. The number of shares repurchased by the company every five trading days does not exceed 25% (i.e. 42035966 shares) of the cumulative trading volume of the company’s shares in the five trading days before the date of the first repurchase of shares.
The company has not entrusted to buy back shares at the following trading hours:
(1) Opening call auction;
(2) Within half an hour before closing;
(3) There is no limit on the rise and fall of stock prices.
3. The price of shares repurchased by the company is lower than the price limited by the trading increase of the company’s shares on the same day.
4. The company will continue to implement the repurchase plan within the repurchase period according to the market conditions, and timely perform the obligation of information disclosure according to relevant regulations. Please pay attention to the investment risks.
It is hereby announced
Jinke Property Group Co.Ltd(000656) board of directors
March 2, 2002
