Jonjee Hi-Tech Industrial And Commercial Holding Co.Ltd(600872) : Jonjee Hi-Tech Industrial And Commercial Holding Co.Ltd(600872) controlling shareholder’s passive share reduction plan and progress announcement of judicial auction

Securities code: Jonjee Hi-Tech Industrial And Commercial Holding Co.Ltd(600872) securities abbreviation: Jonjee Hi-Tech Industrial And Commercial Holding Co.Ltd(600872) Announcement No.: 2022013 announcement on the progress of passive share reduction plan and judicial auction of controlling shareholders of Jonjee Hi-Tech Industrial And Commercial Holding Co.Ltd(600872) technology industry (Group) Co., Ltd

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 controlling shareholders

As of the disclosure date of this announcement, the controlling shareholder of Jonjee Hi-Tech Industrial And Commercial Holding Co.Ltd(600872) technology industry (Group) Co., Ltd. (hereinafter referred to as “the company”) Zhongshan Runtian Investment Co., Ltd. (hereinafter referred to as “Zhongshan Runtian”) holds 192990905 shares of the company, accounting for 24.23% of the total share capital of the company. The freezing of shareholding is as follows: 163621710 shares have been pledged, accounting for 84.78% of the shares held and 20.54% of the total share capital of the company; The cumulative number of judicial marks is 121322253 shares, accounting for 62.86% of its shares and 15.23% of the total share capital of the company; The cumulative number of judicial frozen shares is 40489195, accounting for 20.98% of its shares and 5.08% of the total share capital of the company; The cumulative number of judicial waiting to be frozen is 48243590 shares, accounting for 25.00% of its shares and 6.06% of the total share capital of the company.

Main contents of passive reduction plan

The company received the notice from the controlling shareholder Zhongshan Runtian on February 20, 2022 that it held 27243590 non restricted tradable shares of the company (accounting for 3.42% of the total share capital of the company), The judicial auction will be conducted on the Alibaba judicial auction network platform of Lhasa intermediate people’s Court of Tibet Autonomous Region (hereinafter referred to as “Lhasa intermediate court”) from 10:00 on March 22, 2022 to 10:00 on March 23, 2022 (except for delay). For details, please refer to Jonjee Hi-Tech Industrial And Commercial Holding Co.Ltd(600872) the suggestive announcement on the judicial auction of some shares of the company held by controlling shareholders (Announcement No.: 2022007).

On March 1, 2022, the company received the notification letter from Zhongshan Runtian. The above 27243590 non restricted tradable shares held by Zhongshan Runtian will be auctioned by the judiciary, of which 23899116 shares will be applied for by the creditor

Please add the method of enforcement, which is explained as follows:

According to the ruling of Lhasa intermediate people’s Court on execution, the applicant for execution, Bank of Tibet Co., Ltd., submitted to Lhasa intermediate people’s court

Apply for the disposal of the property of the person subjected to execution. Lhasa intermediate people’s court ruled that the shares of the company held by Zhongshan Runtian, the person subjected to execution, would be changed in price

On the basis of retaining the online auction, the disposal method increases the centralized bidding and block trading in the secondary market at the same time

Two ways (if any way is concluded first, other disposal methods will be cancelled).

Lhasa intermediate people’s court plans to instruct Shenzhen Bao’an haixiu Road Securities Business Department of Anxin Securities Co., Ltd. to operate in 30

During the trading day, 23899116 shares of the company held by Zhongshan Runtian, the person to be executed, will be forced through securities trading

Sell and transfer the proceeds from the sale directly to the designated account of Lhasa intermediate people’s court.

1、 Basic information of the reducing entity

Shareholder name shareholder identity shareholding number (shares) shareholding proportion current shareholding source

More than 5% of the first agreement transfer obtained: Zhongshan Runtian 19299090524.23%

Major shareholder 192990905 shares

The above reduction subjects have no concerted action.

Share reduction of major shareholders and their persons acting in concert and directors, supervisors and senior executives in the past 12 months

The price range of passive reduction of holdings the name of shareholders in the early reduction plan the proportion of reduction and the period of reduction

Quantity (share) (yuan / share) disclosure date

Zhongshan Runtian 32.786200000

202111/4

The above passive reduction is a block transaction:

On August 9, 2021, Ping An securities sold Zhongshan Runtian at the price of 32.5 yuan / share through block trading

1700000 shares held.

On November 3, 2021, Anxin securities sold Zhongshan run at the price of 32.59 yuan / share through block trading

Tian holds 670000 shares.

On November 4, 2021, Anxin securities sold Zhongshan run at the price of 33.65 yuan / share through block trading

Tian holds 3830000 shares.

2、 Main contents of share reduction plan

Reduction and combination

Planned reduction quantity planned reduction bidding transaction proposed reduction of shares

Shareholder name reduction method price reason for proposed reduction (share) holding proportion holding period source

section

Zhongshan Runtian no more than: no more than: reduction of competitive trading, no more than 2022 / 3 / 24 ~ correction of 27243590 shares according to the market loan contract, 3.42% of 2022 / 6 / 24 price freeze and settlement

Over: 23899116 shares;

Block trading reduction, no more than

Over: 23899116 shares;

Judicial auction reduction, not exceeding

Over: 27243590 shares

According to several provisions on the reduction of shares held by shareholders of listed companies and directors, supervisors and senior managers of listed companies issued by the CSRC and

According to the detailed rules for the implementation of share reduction by directors, supervisors and senior managers, the reduction amount of competitive trading does not exceed the total share capital

1%, the reduction time should be implemented after 15 trading days, that is, after March 24, 2022.

(1) Whether the relevant shareholders have other arrangements □ yes √ no

(2) The major shareholders and the directors, supervisors and senior executives had previously expressed their opinions on the shareholding ratio, number of shares, shareholding period, reduction method and number of shares

Quantity, reduction price, etc. □ yes √ no

(3) Other matters required by the exchange

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 due to the settlement of disputes over financial loan contracts between Zhongshan Runtian related parties and Bank of Tibet Co., Ltd. This announcement belongs to the pre disclosure of shareholders’ passive reduction risk, and there are uncertainties in the actual reduction quantity, reduction time and reduction price. (2) Whether the implementation of the share reduction plan may lead to the risk of change in the control of the listed company □ yes √ no (III) other risk tips

1. The implementation of this reduction will not lead to the change of the company’s actual control, affect the company’s production and operation, or cause the company’s equity distribution not to meet the listing conditions.

2. The company will pay close attention to the progress of the above matters and fulfill the obligation of information disclosure in time in accordance with the relevant provisions of the stock listing rules of Shanghai Stock Exchange.

3. The information disclosure media designated by the company are Shanghai Securities News, China Securities News, securities times, securities daily and the website of Shanghai Stock Exchange (www.sse. Com. CN), The information publicly disclosed by the company shall be subject to the content published in the above designated information disclosure media. Please pay attention to the follow-up announcement and pay attention to the investment risk.

It is hereby announced.

Board of directors of Jonjee Hi-Tech Industrial And Commercial Holding Co.Ltd(600872) technology industry (Group) Co., Ltd. March 2, 2022

- Advertisment -