Bond Code: 143039 bond abbreviation: 17 North 01
Bond Code: 143303 bond abbreviation: 17 North 02
Bond Code: 163230 bond abbreviation: 20 North 01
Stock Code: China Northern Rare Earth (Group) High-Tech Co.Ltd(600111) stock abbreviation: China Northern Rare Earth (Group) High-Tech Co.Ltd(600111) Announcement No.: 2022013
Expiration of the share reduction plan of the controlling shareholder of China China Northern Rare Earth (Group) High-Tech Co.Ltd(600111) (Group) High Tech Co., Ltd
Announcement of implementation results
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 shareholding of major shareholders: Baotou Iron and steel (Group) Co., Ltd. (hereinafter referred to as Baotou Iron and steel (Group) Co., Ltd. (hereinafter referred to as Baotou Iron and steel (Group) Co., Ltd.), the controlling shareholder of China China Northern Rare Earth (Group) High-Tech Co.Ltd(600111) (Group) high tech Co., Ltd. (hereinafter referred to as the company), held 1413861219 shares of the company before the disclosure of its share reduction plan, accounting for 38.92% of the total shares of the company, All are tradable shares with unlimited sales conditions.
Main contents of the share reduction plan: Baotou Iron and steel (Group) Co., Ltd. shall, according to its own operation and the working capital needs of relevant industrial projects, within 6 months after 15 trading days from the date when the company disclosed the announcement of China Northern Rare Earth (Group) High-Tech Co.Ltd(600111) controlling shareholder’s share reduction plan on August 14, 2021, According to the market price, the reduction of no more than 90826650 shares of the company by means of exchange centralized bidding and block trading shall not exceed 2.50% of the total shares of the company. Among them, the total number of shares reduced in the form of centralized bidding trading of the exchange within any continuous 90 days shall not exceed 1% of the total number of shares of the company, that is, not more than 36330660 shares; The total number of shares reduced by block trading in any continuous 90 days shall not exceed 1.50% of the total number of shares of the company, i.e. no more than 54495990 shares.
Implementation results of the reduction plan: Baotou Iron and steel (Group) Co., Ltd. has reduced 35900250 shares of the company in the form of centralized bidding trading at the market price from 15 trading days after the company disclosed the announcement of its reduction plan to the expiration of the period of this reduction plan,
Bond Code: 143039 bond abbreviation: 17 North 01
Bond Code: 143303 bond abbreviation: 17 North 02
Bond Code: 163230 bond abbreviation: 20 North 01
Stock Code: China Northern Rare Earth (Group) High-Tech Co.Ltd(600111) stock abbreviation: China Northern Rare Earth (Group) High-Tech Co.Ltd(600111) Announcement No.: 2022013
Accounting for 0.99% of the total shares of the company; Accumulated reduction of 46260400 shares by block trading
Shares of the company, accounting for 1.27% of the total shares of the company; Total reduction of 82160650 shares of the company
Shares, accounting for 2.26% of the total shares of the company, which does not exceed the number of reduction plans. Baotou Steel (Group)
See the company’s share reduction plan and Implementation on August 14, 2021
On October 26, 2021 and February 28, 2021
China Securities News, Shanghai Securities News and China Northern Rare Earth (Group) High-Tech Co.Ltd(600111) published on the website of Shanghai Stock Exchange
Announcement on share reduction plan of controlling shareholders China Northern Rare Earth (Group) High-Tech Co.Ltd(600111) on cumulative share reduction of the company by controlling shareholders
The suggestive announcement of 1% shares and the plan of China Northern Rare Earth (Group) High-Tech Co.Ltd(600111) controlling shareholders to reduce shares of the company
Implementation progress announcement China Northern Rare Earth (Group) High-Tech Co.Ltd(600111) on the cumulative reduction of 2% of the company’s shares by the controlling shareholders
Indicative announcement.
On March 4, 2022, the company received the “about package” from Baotou Steel (Group) Co., Ltd
Steel (Group) company reduces its shareholding in China China Northern Rare Earth (Group) High-Tech Co.Ltd(600111) (Group) High Tech Co., Ltd
The letter of completion of the implementation upon the expiration of the plan period, and the actual date of the expiration of the plan period for the reduction of shares of the company
Completion of construction. The implementation of its share reduction plan is hereby announced as follows:
1、 Basic information of the reducing entity before the reduction
Shareholder name shareholder identity shareholding number (shares) Shareholding current shareholding source
proportion
Baotou Iron and steel (acquired before IPO: 132944100 shares) company’s largest shareholder of more than 5% 141386121938.92% obtained by other means:
1280917119 shares
Of the company’s shares held by Baotou Steel (Group) Co., Ltd., 1329441 million shares came from the company
In 1997, he subscribed for shares as a sponsor when it was first listed; Total obtained by other means
1280917119 shares, of which 5584000 shares came from the allotment subscription implemented by the company in 2000
With 1275333119 shares, the company has distributed dividends and capital shares over the years since its listing
Shares from conversion of MPF into share capital.
The above reduction subjects have no concerted action.
Bond Code: 143039 bond abbreviation: 17 North 01
Bond Code: 143303 bond abbreviation: 17 North 02
Bond Code: 163230 bond abbreviation: 20 North 01
Stock Code: China Northern Rare Earth (Group) High-Tech Co.Ltd(600111) stock abbreviation: China Northern Rare Earth (Group) High-Tech Co.Ltd(600111) Announcement No.: 2022013
2、 Implementation results of share reduction plan
（1） Major shareholders disclose the implementation results of the reduction plan due to the following matters:
The disclosed reduction time interval expires
Reduction quantity reduction ratio reduction price reduction total amount of reduction after reduction of current shareholding quantity current shareholder name (share) example reduction method range during reduction period (yuan) proportion of shares (yuan / share)
Baotou Steel (Group) 821606502.26% 2021 / 9 / 8 ~ centralized bidding delivery 40.10412735299327 has completed 133170056936.66% of the company’s 2022 / 3 / 4 easy and block transactions 62.06
The contents shown in the table are the total reduction data of Baotou Iron and steel (Group) Company during the reduction period. Among them, Baotou Iron and steel (Group) company has reduced 35900250 shares through centralized bidding trading through the exchange, accounting for 0.99% of the total shares of the company. The reduction period is from September 8, 2021 to September 17, 2021, and the reduction price range is 49.32-62.06 yuan / share, The reduction amount is 200380753127 yuan (after deducting various taxes, the actual amount is 200150311117 yuan); Through block trading, 46260400 shares have been reduced, accounting for 1.27% of the total shares of the company. The reduction period is from October 25, 2021 to March 4, 2022. The reduction price range is 40.10-51.50 yuan / share, and the reduction amount is 212354546200 yuan (after deducting various taxes, the actual amount obtained is 212108507907 yuan).
Bond Code: 143039 bond abbreviation: 17 North 01
Bond Code: 143303 bond abbreviation: 17 North 02
Bond Code: 163230 bond abbreviation: 20 North 01
Stock Code: China Northern Rare Earth (Group) High-Tech Co.Ltd(600111) stock abbreviation: China Northern Rare Earth (Group) High-Tech Co.Ltd(600111) Announcement No.: 2022013
（2） Whether the actual reduction is consistent with the previously disclosed reduction plan and commitment √ yes □ no
（3） Whether the reduction has not been implemented after the expiration of the reduction time interval
□ not implemented √ implemented
（4） Whether the actual reduction has not reached the minimum reduction quantity (proportion) of the reduction plan
□ not reached √ reached
（5） Whether to terminate the reduction plan in advance □ yes √ no
It is hereby announced
Board of directors of China China Northern Rare Earth (Group) High-Tech Co.Ltd(600111) (Group) High Tech Co., Ltd
February 2023
