Securities code: 002683 securities abbreviation: Guangdong Hongda Blasting Co.Ltd(002683) Announcement No.: 2021-072
Guangdong Hongda Blasting Co.Ltd(002683)
Announcement on the proposed change of company name and securities abbreviation
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete
There are no false records, misleading statements or major omissions.
1、 Description of proposed change of company name and securities abbreviation
Guangdong Hongda Blasting Co.Ltd(002683) (hereinafter referred to as the “company”) was established in December 2021
On January 21, the 8th meeting of the Fifth Board of directors in 2021 was held, and the
Proposal on changing the company name and securities abbreviation. According to the company’s current actual situation and strategy
In order to meet the needs of the company’s operation and development and promote the sustainable development and growth of the company, the company plans to change
Change the company name and securities abbreviation, and the securities code “002683” remains unchanged. The details are as follows:
Before and after the proposed change
Chinese name of the company Guangdong Hongda Blasting Co.Ltd(002683) Guangdong Hongda Holding Group Co., Ltd
English name of the company: Guangdong Hongda blatingguangdong Hongda Holdings Group Co, Ltd.Co., Ltd.
Securities abbreviation Guangdong Hongda Blasting Co.Ltd(002683) Guangdong Hongda
The change of the company name and securities abbreviation needs to be submitted to the company in the first year of 2022
It can be implemented only after it is deliberated and approved by the extraordinary general meeting of shareholders and approved by the market supervision and administration department.
2、 Reasons for the proposed change of company name and securities abbreviation
The company was established in 1988. At the beginning of its establishment, the main business of the company was urban blasting demolition,
Later, with the business expansion, the industrial chain extended to mine engineering services, production and marketing of civil explosive equipment
Sales and defense equipment production. The composition of operating revenue and operating profit of the three sectors in 2020 is as follows:
Proportion of project operating income proportion of operating profit
Mining service business segment 70.60% 55.13%
Civil explosive business segment 20.30% 32.33%
Defense equipment business 8.03% 10.28%
It can be seen from the above table that in the latest fiscal year, the total operating profit of civil explosion and defense equipment accounted for 42.61% of the company’s total operating profit.
In addition, according to the company’s development plan, the company will continue to develop and grow around three business segments: military industry, mining clothing and civil explosion. The company’s current name and securities abbreviation have certain limitations. In order to better reflect the company’s strategic positioning and business structure, facilitate investors to understand the company’s strategic direction and core competitiveness, better develop the market and enhance the company’s comprehensive competitiveness, the company plans to change the existing company name and securities abbreviation.
3、 Independent opinions of independent directors
The change of the company’s name and securities abbreviation conforms to the company’s actual operation and future development plan, matches the composition of the company’s main business, and can meet the needs of future operation and business development. The reasons for the change of the company’s name and securities abbreviation are reasonable, and there is no use of the change of the company’s name to affect the company’s share price, mislead investors, or damage the interests of the company and minority shareholders. It complies with relevant laws and regulations, departmental rules, normative documents and other relevant provisions. Therefore, we agree to change the company name and securities abbreviation, and submit the matter to the general meeting of shareholders for deliberation.
4、 Description of other matters
1. The change of the company’s name is mainly based on the needs of the company’s positioning and strategic development. There is no use of the change of name to affect the company’s share price, mislead investors, or damage the interests of the company and all shareholders.
2. The change of company name and securities abbreviation shall be submitted to the general meeting of shareholders for deliberation and approval, and shall be subject to the final registration of the local market supervision and administration department. The matter shall also be subject to the final approval of Shenzhen Stock Exchange.
The above matters are uncertain. Please pay attention to the risks.
It is hereby announced.
Guangdong Hongda Blasting Co.Ltd(002683) board of directors December 22, 2021
