Securities code: Jilin Chemical Fibre Co.Ltd(000420) securities abbreviation: Jilin Chemical Fibre Co.Ltd(000420) Announcement No.: 202211 Jilin Chemical Fibre Co.Ltd(000420)
Pre disclosure announcement of reduction of shares held by shareholders holding more than 5%
Shanghai Fangda Investment Management Co., Ltd., which holds more than 5% of the shares, guarantees that the information provided to the company is true, accurate and complete without false records, misleading statements or major omissions.
The company and all members of the board of directors guarantee that the contents of the announcement are consistent with the information provided by the information disclosure obligor.
Special tips:
Shanghai Fangda Investment Management Co., Ltd., the shareholder holding 255159448 shares of Jilin Chemical Fibre Co.Ltd(000420) (hereinafter referred to as “the company”) (accounting for 11.77% of the total share capital of the company), plans to reduce the shares of the company through securities trading within half a year from March 28, 2022, so the total number of shares held by centralized bidding trading is no more than 43366228, that is, no more than 2% of the total share capital of the company, And in any continuous 90 natural days, the total number of shares reduced through centralized bidding trading shall not exceed 21683114 shares, that is, not more than 1% of the total share capital of the company. If the company has any share change during the planned reduction period, such as share distribution, conversion of capital reserve to share capital, the above reduction amount will be adjusted accordingly. 1、 Basic information of shareholders
(I) name of shareholder: Shanghai Fangda Investment Management Co., Ltd
(II) the total number of shares held by shareholders and their proportion in the total share capital of the company:
As of the disclosure date of this announcement, Shanghai Fangda Investment Management Co., Ltd. holds 255159448 shares of the company, accounting for 11.77% of the total share capital of the company.
2、 Main contents of this reduction plan
(I) the reason for the proposed reduction, the source and quantity of shares, the proportion in the total share capital of the company, the reduction period (no more than the next six months), the price range and other specific arrangements.
1. Reasons for reduction: business needs of Shanghai Fangda Investment Management Co., Ltd.
2. Source of shares: the shares come from centralized bidding trading, agreement transfer and judicial auction in the secondary market of the exchange.
3. Reduction method: centralized bidding trading in stock exchanges.
4. Reduction period: it is planned to reduce its holdings through centralized bidding trading through securities trading within half a year from March 28, 2022.
5. Quantity and proportion of share reduction: the total number of shares reduced shall not exceed 43366228, that is, not more than 2% of the total share capital of the company, and the total number of shares reduced shall not exceed 21683114, that is, not more than 1% of the total share capital of the company within any continuous 90 natural days. If the company has any share change during the planned reduction period, such as share distribution, conversion of capital reserve to share capital, the above reduction amount will be adjusted accordingly.
6. Reduction price: determined according to the market price at the time of reduction.
(II) whether the proposed reduction is consistent with the shareholding intention and commitment previously disclosed by relevant shareholders.
The proposed reduction is consistent with the shareholding intention and commitment previously disclosed by relevant shareholders.
3、 Relevant risk tips
(I) the reduction plan does not violate the company law, the securities law, the Listing Rules of Shenzhen Stock Exchange, the self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 1 – standardized operation of listed companies on the main board, and some provisions on the reduction of shares by shareholders, directors, supervisors and senior managers of listed companies The detailed rules for the implementation of share reduction by shareholders, directors, supervisors and senior managers of Listed Companies in Shenzhen Stock Exchange and other relevant laws, administrative regulations, departmental rules and normative documents.
(II) the implementation of this share reduction plan is uncertain. The above shareholders who intend to reduce their shares will decide whether to implement this share reduction plan according to their own situation, market situation and the company’s share price, which is uncertain about the reduction time and price.
(III) Shanghai Fangda Investment Management Co., Ltd. is not the controlling shareholder or actual controller of the company. The implementation of this reduction plan will not lead to the change of the company’s control right and will not have a significant impact on the company’s governance structure, equity structure and sustainable operation.
(IV) during the implementation of the reduction plan, the company will urge Shanghai Fangda Investment Management Co., Ltd. to implement the reduction plan legally and in accordance with relevant regulations and requirements, and fulfill the obligation of information disclosure in time.
4、 Documents for future reference
Notification letter on share reduction plan of Shanghai Fangda Investment Management Co., Ltd
It is hereby announced!
Jilin Chemical Fibre Co.Ltd(000420) board of directors March 4, 2002
