Securities code: Zhejiang Supcon Technology Co.Ltd(688777) securities abbreviation: Zhejiang Supcon Technology Co.Ltd(688777) Announcement No.: 2022013 Zhejiang Supcon Technology Co.Ltd(688777)
Suggestive announcement on changes in shareholders’ equity holding more than 5% and reduction of more than 1%
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 legal responsibility for the authenticity, accuracy and integrity of its contents according to law.
Important content tips:
● this equity change is to fulfill the share reduction plan previously disclosed and does not touch the tender offer.
● this equity change is the reduction of shares held by more than 5% of non largest shareholders, which will not change the controlling shareholder and actual controller of the company.
● after this equity change, the total number of shares of the company held by the information disclosure obligor is 24841100, and the shareholding ratio is reduced from 7.389% to 4.999%.
Zhejiang Supcon Technology Co.Ltd(688777) (hereinafter referred to as ” Zhejiang Supcon Technology Co.Ltd(688777) ” or “the company”) disclosed the announcement on the share reduction plan of shareholders holding more than 5% of Zhejiang Supcon Technology Co.Ltd(688777) shares (Announcement No.: 2021056) on the website of Shanghai Stock Exchange on December 18, 2021, The company’s shareholder Zhejiang Chint Electrics Co.Ltd(601877) (hereinafter referred to as ” Zhejiang Chint Electrics Co.Ltd(601877) “) intends to reduce the total shares of the company held by him through centralized bidding transaction and block transaction, with a reduction ratio of no more than 6% of the total shares of the company. Among them, the reduction of the company’s shares through centralized bidding shall not exceed 9881680 shares, not more than 2% of the total shares of the company, and the reduction of the company’s shares through block trading shall not exceed 19763360 shares, not more than 4% of the total shares of the company.
On March 4, 2022, the company received the simplified equity change report issued by Zhejiang Chint Electrics Co.Ltd(601877) and as of March 4, 2022, Zhejiang Chint Electrics Co.Ltd(601877) has reduced its shareholding ratio by more than 1% and held less than 5% of the company’s shares since the previous suggestive announcement of Zhejiang Supcon Technology Co.Ltd(688777) on the reduction of shareholders holding more than 5% (Announcement No.: 2021059), The changes in equity are hereby announced as follows:
1、 Changes in equity this time
(I) basic information of the information disclosure obligor
Name Zhejiang Chint Electrics Co.Ltd(601877)
Registered address: No. 1, Zhengtai Road, Zhengtai Industrial Park, beibaixiang Town, Yueqing City, Zhejiang Province
Legal representative: Nan Cunhui
The registered capital is 2149973551 yuan
Unified social credit code 9133 Shahe Industrial Co.Ltd(000014) 2944445h
Enterprise type other joint stock limited company (listed)
Date of establishment: August 5, 1997
Business term: from August 5, 1997 to no fixed term
As of September 30, 2021, the shareholders are as follows:
Name of shareholders, number of shares held, shareholding ratio (shares) (example (%)
Chint Group Co., Ltd. 88495097141.16
Zhejiang Zhengtai New Energy Investment Co., Ltd. 1803114968.39
Hong Kong Central Clearing Company Limited 1042006474.85
Nan Cunhui 742283313.45 name of major shareholder and holding Shanghai Pudong Development Bank Co.Ltd(600000) – GF Gao
Stock side manufacturing stock sponsored securities investment fund 324931281.51
National social security fund one one one three combination 306244281.42
China Minsheng Banking Corp.Ltd(600016) – GF industry strict 2 Guangzhou Haige Communications Group Incorporated Company(002465) 20.93 selected three-year holding hybrid securities investment fund
Basic endowment insurance fund 802 portfolio 194962260.91
Zhu Xinmin 178661790.83
TREASURE BAY INVESTMENTS 13,975376 0.65 LIMITED
Low voltage electrical appliances and components, cutting and welding equipment, electronic components, power products, power business scope, R & D, design, manufacturing, processing, installation, commissioning, sales and related technical services of fittings, measuring instruments and power rectifiers, and engaged in import and export business. (for projects subject to approval according to law, business activities can be carried out only after approval by relevant departments)
(II) basic information of this equity change
1. On December 31, 2021, the company disclosed the suggestive announcement of Zhejiang Supcon Technology Co.Ltd(688777) on the reduction of shareholders holding more than 5% to 1% (Announcement No.: 2021059). During the period from December 23, 2021 to December 30, 2021, Zhejiang Chint Electrics Co.Ltd(601877) has reduced 6702500 shares through block trading, accounting for 1.36% of the total share capital of the company at that time. After the reduction, the number of Zhejiang Chint Electrics Co.Ltd(601877) shares is 29806875 shares, The share changes of the information disclosure obligor and its persons acting in concert are as follows:
Shareholder name reduction method reduction time reduction quantity (shares) reduction proportion
Zhejiang Chint Electrics Co.Ltd(601877) block trading: December 23, 202167025001.36% – December 30, 2021
Total – 67025001.36%
Note: the above “reduction proportion” refers to the proportion of Zhejiang Chint Electrics Co.Ltd(601877) reduced shares in the company’s total share capital of 494084000 shares as of December 31, 2021.
2. On January 21, 2022, due to the completion of exercise registration in the second exercise period of 2019 stock option incentive plan, the total share capital of the company increased from 494084000 shares to 496823000 shares Zhejiang Chint Electrics Co.Ltd(601877) holding shares of the company decreased from 6.033% to 5.999% through passive dilution. From January 12, 2022 to March 4, 2022, Zhejiang Chint Electrics Co.Ltd(601877) through the stock trading system of Shanghai Stock Exchange, reduced 1731815 shares of the company by means of centralized bidding trading, accounting for 0.349% of the current total share capital of the company; 3233960 shares of the company’s shares were reduced by block trading, accounting for 0.651% of the company’s total share capital. After this equity change, Zhejiang Chint Electrics Co.Ltd(601877) holds 24841100 shares of the company, accounting for 4.999% of the current total share capital of the company, as follows:
Shareholder name reduction method reduction time reduction quantity (shares) reduction proportion
Centralized bidding January 12, 202217318150.349% Zhejiang Chint Electrics Co.Ltd(601877) – March 4, 2022
Block trading: January 14, 202232339600.651% – February 11, 2022
Total – 49657751.000%
Note: the above “reduction proportion” refers to the proportion of Zhejiang Chint Electrics Co.Ltd(601877) reduced shares in the company’s total share capital of 496823000 shares as of March 4, 2022.
(III) Shareholding before and after this equity change
Before and after change
Name of shareholder
Number of shares (shares) shareholding ratio (%)
Zhejiang Chint Electrics Co.Ltd(601877) 36,509375 7.389 24,841100 4.999
Note: the above shareholding ratio before the change is calculated based on the total share capital of 494084000 shares of the company on December 18, 2021, and the shareholding ratio after the change is calculated based on the total share capital of 496823000 shares of the company on March 4, 2022.
2、 Follow up matters involved
1. This equity change is active reduction and passive dilution, which does not involve tender offer and capital source;
2. This equity change is the reduction of shares held by more than 5% of non largest shareholders, which will not change the controlling shareholder and actual controller of the company;
3. According to the securities law of the people’s Republic of China, the measures for the administration of the acquisition of listed companies and other relevant provisions, this change in shareholders’ equity involves the disclosure of the equity change report by the information disclosure obligor. For details, see the website of Shanghai Stock Exchange on the same day (www.sse. Com. CN) The Zhejiang Supcon Technology Co.Ltd(688777) simplified equity change report disclosed;
4. After this equity change, Zhejiang Chint Electrics Co.Ltd(601877) is still in the implementation of the reduction plan. During the implementation period, the company will urge it to strictly abide by the relevant reduction regulations and disclose relevant information to the majority of investors in time. Please pay attention to the investment risks.
It is hereby announced.
Zhejiang Supcon Technology Co.Ltd(688777) board of directors March 5, 2022
