Hengli Petrochemical Co.Ltd(600346)
Securities code: Hengli Petrochemical Co.Ltd(600346) securities abbreviation: Hengli Petrochemical Co.Ltd(600346) Announcement No.: 2022025 Hengli Petrochemical Co.Ltd(600346)
Supplementary announcement on the company’s sixth employee stock ownership plan (Draft)
The board of directors and all directors 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.
Hengli Petrochemical Co.Ltd(600346) (hereinafter referred to as “the company” or ” Hengli Petrochemical Co.Ltd(600346) “) disclosed the Hengli Petrochemical Co.Ltd(600346) phase VI employee stock ownership plan (Draft) and its abstract (hereinafter referred to as “the draft”) and other relevant announcements on March 4, 2022. The relevant matters in the announcement are supplemented as follows:
1、 About the stock source of employee stock ownership plan
The company further clarified that the stock source of the employee stock ownership plan is: the company repurchases the shares in the special account and the company’s shares purchased through centralized bidding in the secondary market, excluding block trading, negotiated transfer and margin trading, and does not purchase the company’s shares held by the controlling shareholders and their persons acting in concert.
As of the date of this announcement, the company has repurchased 55452307 shares in the special securities account.
2、 Other matters
1. The ESOP can only be implemented after being approved by the general meeting of shareholders of the company. There is uncertainty whether the ESOP can be approved by the general meeting of shareholders of the company.
2. The capital source, capital contribution amount and implementation plan of the employee stock ownership plan stipulated in this draft are preliminary results. The relevant parties have not signed any agreement yet, and there is uncertainty whether the implementation can be completed. The special financial products to be subscribed for in the employee stock ownership plan have not been established, and there is a risk that the special financial products cannot be implemented due to changes in relevant laws, regulations and regulatory policies.
3. After the establishment of the employee stock ownership plan, there is uncertainty about whether it can reach the plan scale and objectives. The company has not signed relevant agreements with any financial institutions yet, and there is uncertainty whether the specific financing amount and capital leverage ratio can reach 1:1.
Please make careful decisions and pay attention to investment risks.
It is hereby announced.
Hengli Petrochemical Co.Ltd(600346) board of directors March 5, 2022
